523 72ND AVE, St Pete Beach, FL 33706
523 72ND AVE, St Pete Beach, FL 33706
523 72ND AVE, St Pete Beach, FL 33706
84
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$4,875,000
Est. payment /mo
8,137 SqFt
New

523 72ND AVE St Pete Beach, FL 33706

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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,137 sqft

Price per Sqft $599

Subdivision St Petersburg Beach Rep

MLS Listing ID TB8498298

HOA Y/N No

Year Built 1947

Annual Tax Amount $20,890

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 89x215

Property Sub-Type Hotel/Motel

Source Stellar MLS

Property 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.

Location

State FL

County Pinellas

Community St Petersburg Beach Rep

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

Interior

Heating Central, Electric, Ductless

Cooling Central Air, Mini-Split Unit(s)

Flooring Luxury Vinyl, Tile

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior

Community Features Beach Area, Sidewalks

Utilities Available Electricity Available, Public, Water Connected

Roof Type Membrane,Shingle

Building

Lot Description Flood Insurance Required, Oversized Lot, Sidewalk, Street Lights, Paved

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Owner Financing

Listing Terms Cash, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8498298


Stellar MLS
Listed by Zach Steinberger COMPASS FLORIDA LLC
Nearby Locations

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Anna Snyder

Anna Snyder

Broker | License ID: 3143426

+1(407) 924-2107

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523 72ND AVE