600 68th Avenue St Pete Beach, FL 33706
Description
A4618686
$61,243(2023)
0.37 acres
Multifamily
1949
City
Pinellas County
Listed By
STELLAR
Last checked Oct 29 2024 at 11:49 PM GMT+0000
- Appliances: Refrigerator
- Appliances: Range Hood
- Appliances: Microwave
- Kitchen/Family Room Combo
- Eat-In Kitchen
- Dry Bar
- Ceiling Fans(s)
- Built-In Features
- St Petersburg Beach 1st Add
- Paved
- Flood Insurance Required
- Foundation: Slab
- Electric
- Mini-Split Unit(s)
- Solar Heat
- Lighting
- In Ground
- Heated
- Gunite
- Vinyl
- Tile
- Concrete
- Block
- Roof: Other
- Utilities: Water Source: Public, Sewer Connected, Fiber Optics, Electricity Connected, Cable Connected
- Sewer: Public Sewer
- Assigned
- 5,980 sqft
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
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.