$2,350,000
$2,499,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2,560 SqFt
SOLD DATE : 07/08/2025
Key Details
Sold Price $2,350,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $917
Subdivision Boca Ciega Pass Sub
MLS Listing ID TB8368405
Sold Date 07/08/25
Construction Status Completed
HOA Y/N No
Year Built 1970
Annual Tax Amount $7,277
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
***PRICED TO SELL***
Exquisite Gulf Coast Retreat with Stunning Rooftop Views
This extraordinary multi-family property has been completely transformed to maximize revenue potential and guest experience, offering a seamless turn-key investment opportunity. Rare, grandfathered zoning permits overnight accommodation, supreme beach access, and virtually no category competition.
Already delivering remarkable returns with minimal upkeep expenses, making it an exceptional investment opportunity in a highly sought-after location. Constructed with solid block materials resistant to humidity, water, and salt air, this property ensures low-maintenance & lasting durability. Brand-new HVAC systems, TPO membrane roof, PVC plumbing, hurricane impact windows, new electrical, just to name a few.
- Sale includes all appliances and custom furnishings.
- See blended Proforma for to-date Actual vs. Projected NOI
- Further upside potential including self-management (+50K/yr) and Direct Booking platform (+50K/yr)
Do not miss out on this incredible long-term asset opportunity!
Location
State FL
County Pinellas
Community Boca Ciega Pass Sub
Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Zoning RFM-30
Interior
Heating Central, Zoned
Cooling Central Air, Zoned
Flooring Luxury Vinyl, Tile
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Utilities Available Public, Water Connected
View Y/N 1
Roof Type Membrane
Building
Lot Description Landscaped, Near Public Transit
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water See Remarks
Structure Type Block,Stucco
New Construction false
Construction Status Completed
Others
Ownership Partnership
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with RE/MAX PREFERRED
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "