600 68th Avenue, ST PETE BEACH, FL

$5,100,000

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8

Beds

7

Baths

5,980

Square feet

0.37

Acres

About 600 68th Avenue

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.

Features of 600 68th Avenue

MLS® # A4618686
Price $5,100,000
Bedrooms 8
Bathrooms 7.00
Square Footage 5,980
Acres 0.37
Year Built 1949
Type Residential Income
Sub-Type Quadruplex
Status Active
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Listing Details

OfficeSAVVY AVENUE, LLC

Listing Map

Neighborhood Information for 600 68th Avenue

Stable Population, Low Residential Turnover, Coastal Area, Suburb of Tampa

Weather

Highs


January 69.30℉
July 90.20℉

Lows


January 76.60℉
July 76.60℉
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Precipitation


49.58

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Saint John Vianney Catholic School

Catholic - Preschool to 8Th Grade - Closest Elementry School
1 Miles
Great School

Gulf Beaches Elementary Magnet School

Public - Kindergarten to 5Th Grade
1 Miles
Great School

Ami Kids Center For Personal Growth

Public - 6Th Grade to 11Th Grade
2 Miles
Great School

Pasadena Fundamental Elementary School

Public - Kindergarten to 5Th Grade
2 Miles
Great School

Argonauta Christian Pre School

Private - Preschool to Preschool
3 Miles
Great School

Alderwood Academy

Private - to
3 Miles
Great School

Gulfcoast Sda Elementary School

Private - Kindergarten to 8Th Grade - Closest Middle School
3 Miles

School data provided by GreatSchools

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