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$4,875,000

523 72nd Avenue Saint Pete Beach, FL 33706 Commercial - Active

  • 523 72nd Avenue , Saint Pete Beach, FL 33706 Main Photo

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Description

Introducing the Park Shore Boutique & Park Shore Suites-a meticulously assembled 19-unit hospitality offering just steps from the sugar-white sands, providing a rare opportunity to acquire a fully operational, design-forward asset where every detail has already been executed to perfection. This exceptional offering seamlessly blends two complementary income streams: the 12-unit Park Shore Boutique, delivering stable, long-term income through thoughtfully designed unfurnished residences, and the 7-unit Park Shore Suites, a fully furnished, high-performing short-term rental operation tailored to discerning beachside travelers. The result is a refined, diversified portfolio generating nearly $500,000 annually-with zero operational lift required. Spanning three cohesive buildings, the property is anchored by a resort-style pool environment, creating a boutique hospitality experience that rivals larger-scale resorts while maintaining an intimate, highly curated atmosphere. Each unit and common area reflects a level of care and intentionality rarely found in assets of this scale-offering a truly plug-and-play investment for the sophisticated hotelier. For the portfolio buyer, this is not a project-it's a finished product. A stabilized, turnkey asset with proven performance, immediate cash flow, and the infrastructure already in place to support continued growth through brand elevation or rate optimization. Positioned in an irreplaceable coastal location just moments from world-class dining, entertainment, and the Gulf's iconic shoreline, this offering delivers both lifestyle prestige and institutional-grade performance. In a landscape where turnkey hospitality assets of this caliber rarely come to market, Park Shore Boutique & Park Shore Suites stand apart as a legacy acquisition-refined, complete, and ready to perform from day one.

Property Highlights

Property Type: Commercial -
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Electric, Ductless
Lot Size: 0.44 Acres
Roof Type: Membrane, Shingle
Stories: 2.0
Taxes: $20,890
Year Built: 1947

General Information

County: Pinellas
Subdivision: ST PETERSBURG BEACH REP
Listed By:
Zach Steinberger COMPASS FLORIDA LLC 727-339-7902

Property Features

Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Building: Bathrooms, Common Lighting, Fencing, Furnished, Kitchen Facility, On Site Shower, Pool/Spa, Stone Counter, Trash Removal
Community Features: Beach Area, Sidewalks
Directions: From 72nd Ave, hotel is on the right.
Exterior: Block
Flood Zone Code: AE
Flooring: Luxury Vinyl, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Owner Financing
Lot: Flood Insurance Required, Oversized Lot, Sidewalk, Street Lights, Paved
Lot Dimensions: 0.44
Number of Restrooms: 19
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Hotel/Motel
Sale Includes: Building(s) and Land, Furniture/Fixtures, Leases
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, ShowingTime
Special Sale Provisions: None
Units: 19
Utilities: Electricity Available, Public, Water Connected
Water: Public
Water Access Y/N: No
Windows: Insulated Windows, Window Treatments
$4,875,000
New to the Market Active
BEDS0 BATHS SQUARE FEET9,988 MLS#TB8498298
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONST PETERSBURG BEACH REP

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523 72nd Avenue , Saint Pete Beach, FL 33706.

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