$1,250,000
$1,600,000
21.9%For more information regarding the value of a property, please contact us for a free consultation.
2,258 SqFt
SOLD DATE : 03/28/2023
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 2,258 sqft
Price per Sqft $553
Subdivision St Petersburg Beach Rep
MLS Listing ID U8159027
Sold Date 03/28/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1958
Annual Tax Amount $3,322
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50x108
Property Description
This fully licensed St Pete Beach Motel and Hospitality property offers 5 Units, conveniently located near the heart of the city’s approved Corey Landing Project . It is just minutes to the water, Fisherman's Park, many local beach bars and waterfront restaurants. The long-term owners have kept the mechanicals updated including HVAC, heat pump and new roof (all 2019) with newer sewer lines and plumbing in place too. One large 2-bedroom unit with a full kitchen, Living/Dining, Laundry and Office with a separate Entrance. The 4 studio units come equipped with Kitchenettes, flat screen TV’s and the comforts needed for a Florida vacation. With the owner’s 44-year longevity in business, repeat business is to be expected but the property also provides for significant upside with even moderate updates. A 50 x 108 Lot, Pylon signage, covered and open patios and location located in one of Florida’s most famous beach communities. What more could you ask for? Oh yes, just minutes to the mainland with easy access to the mainland, airports, Bay Area’s museums, pro sport venues, and world renown Theme Parks.
Location
State FL
County Pinellas
Community St Petersburg Beach Rep
Zoning MOTEL
Interior
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Tile
Appliance Dishwasher, Dryer, Refrigerator, Washer
Exterior
Parking Features Parking Spaces - 6 to 12
Community Features Beach Area
Utilities Available BB/HS Internet Capable
Roof Type Shingle
Building
Lot Description Central Business District, Near Public Transit, Street Lights, Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Others
Ownership Sole Proprietor
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with INVESTMENT FLORIDA REALTY LLC
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