600 68TH AVENUE, St Pete Beach, FL 33706

  • $5,100,000
600 68TH AVENUE, St Pete Beach, FL 33706
Active
600 68TH AVENUE, St Pete Beach, FL 33706
600 68TH AVENUE, St Pete Beach, FL 33706
  • $5,100,000

Overview

Property ID: HZA4618686
  • Quadruplex, Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 7
  • Bathrooms
  • 1949
  • Year Built

Description

Income producing property Inn has grossed $1,793,277.68, since opening Feb 2021
Embrace the extraordinary chance to acquire a fully operational, beautifully renovated boutique motel at the heart of St. Pete Beach, acclaimed for its unspoiled splendor and acclaimed as America’s top beach by TripAdvisor in 2021. This exclusive resort, featuring 12 meticulously crafted units, each with direct pool access, is a sanctuary of luxury and convenience. The motel comprises 12 versatile units, including a spacious 2- bedroom suite, six elegant 1-bedroom units with full kitchens, four efficient units also with full kitchens, and a charming micro efficiency unit with a mini-fridge. A comprehensive renovation has elevated this property to a 5-star status, with each unit boasting modern mini-split AC systems, polished kitchens with shaker cabinets and granite countertops, and bathrooms with exquisite turquoise tilework. The resort is further enhanced with new interior and exterior paint, contemporary beach-style plank flooring, and updated plumbing and electrical systems. The roof, redone in 2017, and a stylishly remodeled pool area, completed in 2020, add to the property’s appeal. The pool area, adorned with majestic Royal Palm trees, offers a lavish setting with ample outdoor furniture, two grills for al fresco dining, and a sun shelf for ultimate relaxation. Each unit has its own beach storage crate, complete with a beach wagon and
chairs, for guest convenience. Just a 3-minute stroll away lies the soft sands of Upham Beach, with beach bikes available for those seeking to explore further. Located on the beach side of Gulf Blvd, this property is a stone’s throw from an array of exquisite beachfront dining, bars, shops, and vibrant nightlife. Currently operated as a successful Airbnb, with available financial records, this property holds a valuable motel license for short-term rentals, a significant asset for the new owner. This is more than a property; it’s a testament to impeccable taste and a commitment to excellence. A visit is essential to fully appreciate the beauty and opportunity it presents. The property is sold as-is, with potential owner/seller financing on favorable terms. Don’t miss out on this unparalleled investment opportunity at St. Pete Beach.

  • Address 600 68TH AVENUE
  • City St Pete Beach
  • State/county FL
  • Zip/Postal Code 33706
  • Country US

Details

Updated on November 7, 2024 at 12:22 am
  • Property ID: HZA4618686
  • Price: $5,100,000
  • Land Area: 0.37 Acres
  • Bedrooms: 8
  • Bathrooms: 7
  • Garage Size: x x
  • Year Built: 1949
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Schedule a Tour

Your information

360° Virtual Tour

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
admin
  • admin

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare
admin
  • admin