ST PETE BEACH, FL 33706 600 68th AVENUE

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Presented By: SAVVY AVENUE, LLC with 888-490-1268. - 888-490-1268
  • MLS# A4618686
  • 08/01/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 7
  • SQFT • 5,980

Home Details

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.
Presented By: SAVVY AVENUE, LLC with 888-490-1268. - 888-490-1268

Interior Features for 600 68th AVENUE

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths7

Other Interior Features

LivingAreaSourceowner
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringtile, vinyl
Heating Y/NYes
Laundry Featuresother

General for 600 68th AVENUE

Additional Parcels Y/NNo
Appliancesmicrowave, range hood, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Cityst pete beach
Construction Materialsblock, concrete
Coolingmini-split unit(s)
Countypinellas
Days on Market21
Directionsgulf blvd to 68th ave
Exterior Featuresfenced, lighting
Flood Zone Codeae
Garage Y/NNo
Heatingelectric
Home Owner AssocYes
Interior Featuresbuilt-in features, ceiling fan(s), dry bar, eating space in kitchen, kitchen/family room combo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionst petersburg beach 1st add blk 4, lots 28, 29 & 30 & sw'ly 1/2 of vac alley adj on ne
Living Area Unitssquare feet
Lot Size Square Feet16000
Lot Size Unitssquare feet
MLS Area33706 - pass a grille bch/st pete bch/treasure isl
Minimum Leaseno minimum
ModificationTimestamp2024-08-02t14:52:21.077z
New ConstructionNo
NumberOfUnitsTotal12
Percent Ownershipfee simple
Pool Featuresgunite, heated, in ground, lighting, solar heat
Property SubTypequadruplex
Property Typeresidential income
Roofother
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namest petersburg beach 1st add
Tax Annual Amount61243
Tax Lot28
Tax Year2023
Utilitiescable connected, electricity connected, fiber optics, sewer connected
Viewcity
View Y/NYes
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1949

Exterior for 600 68th AVENUE

Foundation Detailsslab
Lot Featuresflood insurance required
Lot Size Acres0.37
Lot Size Area16000
Number of Buildings4
Parking Featuresassigned
Road Frontage Typestreet paved
Road Surface Typepaved, other
SpaNo
Water Sourcepublic

Additional Details

Price History

Worth Clark

Price $5,100,000
MLS#A4618686
List Date 08/01/2024
Property Type Income
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