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600 68th Avenue

St. Pete Beach, FL 33706

8 beds
7 baths
5,980 sqft
16,000 sqft lot
$852 per sqft
1949 build
– on site

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.

Listing courtesy of STELLAR_MLS / SAVVY AVENUE, LLC

Last checked: Checking… • Last updated Nov 7, 2024 •

MLS# A4618686 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1949
New Construction:

false
Construction Materials:

Block
Roof:

Other
Foundation Details:

Slab
# of Buildings:

4
Building Area Units:

Square Feet

Interior

Interior Features:

Built-in Features
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

5980
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Directions:

Gulf Blvd to 68th Ave
Latitude:

27.737176
Longitude:

-82.749048
Coordinates:

-82.749048, 27.737176

The Property

Parcel Number:

363115783360040280
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Features:

Flood Insurance Required
Lot Size Acres:

0.37
Lot Size Area:

16000
Lot Size SqFt:

16000
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
View:

City
View:

true
Exterior Features:

Fenced
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

AE
Flood Zone Panel:

12103C0276H
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

28
Tax Block:

4
Tax Legal Description:

ST PETERSBURG BEACH 1ST ADD BLK 4, LOTS 28, 29 & 30 & SW'LY 1/2 OF VAC ALLEY ADJ ON NE
Tax Book Number:

20-11
Tax Annual Amount:

61243

Beds

Bedrooms Total:

8

Baths

Total Baths:

7

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4618686
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Mini-Split Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Microwave
Laundry Features:

Other

The Community

Subdivision Name:

ST PETERSBURG BEACH 1ST ADD
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Spa:

false
Pool Private:

true
Pool Features:

Gunite
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false
Parking Features:

Assigned

Extra Units

# of Units Total:

12

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/31/24 Jul 31, 2024	Listed / Active	STELLAR_MLS	$5,100,000

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This multifamily located in St. Pete Beach, FL 33706 is currently for sale for $5,100,000. 600 68th Avenue is a 5,980 square foot multifamily with 8 beds and 7 baths that has been on Estately for 144 days. This multifamily is in the attendance area of Boca Ciega High School.

Listing Courtesy of: STELLAR_MLS and SAVVY AVENUE, LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.