600 68th Avenue
600 68th Avenue
St. Pete Beach, FL 33706
$5,100,000
Price
8
Beds
5,980 Sq. Ft.
$853 / Sq. Ft.
5,980
Sq. Ft.
$853
per Sq. Ft.
Description
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...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.
- Listed by ALEH SHYPITSYN • LPT REALTY
Property Details for 600 68th Avenue
Subdivision Name
ST PETERSBURG BEACH 1ST ADD
Township31
WaterfrontNo
Location
Listing Courtesy of LPT REALTY, ALEH SHYPITSYN
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LISTING UPDATED: 03/05/2024 09:37 PM
Property Details for 600 68th Avenue
| Status | Active |
|---|---|
| MLS # | T3500748 |
| Days on Market | 96 |
| Taxes | $63,795 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Multi-Family |
| Year Built | 1949 |
| Lot Size | 0.37 AC / 16,000 SF |
| County | Pinellas County |
Location
Listing Courtesy of LPT REALTY, ALEH SHYPITSYN
Add your commute
Building Information for 600 68th Avenue
Stories-Residences12Year Built1949Building Size-Lot Size0.37 AC / 16,000 SF
Payment Calculator
$33,149 per month
30 year fixed, 7.25% Interest
Principal and Interest
$27,833
Property Taxes
$5,316
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 600 68th Avenue
Summary
Location and General Information
- Building Area Source: Owner
- Building Area Total: 5980.0
- Building Area Units: Square Feet
- Directions: Gulf Blvd to 68th Ave
- Mls Major Change Type: Price Decrease
- Listing Service: Limited Service
- Senior Community: No
- Unit Number: No
- Street Number: 600
- Street Name: 68TH
- Street Suffix: AVENUE
- State: FL
- City: ST PETE BEACH
Parking
- Attached Garage: No
- Carport: No
- Garage: No
- Parking Features: Assigned, Guest, Open, Reserved
Taxes and HOA Information
- Association: No
- CDD: No
- Tax Block: 4
- Tax Book Number: 20-11
- Tax Legal Description: ST PETERSBURG BEACH 1ST ADD BLK 4, LOTS 28, 29 & 30 & SW'LY 1/2 OF VAC ALLEY ADJ ON NE
- Tax Lot: 28
- Tax Year: 2023
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/T3500748
Property
Lot Information
- Additional Parcels: No
- Lot Features: Flood Insurance Required, FloodZone, In City Limits, Sidewalk
- Lot Size Dimensions: 160x100
- Parcel Number: 36-31-15-78336-004-0280
- Total Acreage: 1/4 to less than 1/2
- Total Num Buildings: 4
- Water Access: No
- Water Extras: No
- Living Area: 5980
- Lot Dimensions: 160x100
Property and Assessments
- Year Built Numeric: 1949
- Flood Zone Code: AE
- New Construction: No
- Public Survey Range: 15
- Public Survey Section: 36
- Dock YN: No
Utilities
- Sewer: Public Sewer
- Utilities: Electricity Available, Water Connected
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Construction Materials: Block
- Exterior Features: Fenced, Lighting, Outdoor Grill, Sidewalk
- Foundation Details: Slab
- Pool Features: In Ground
- Pool Private: Yes
- Pool: Private
- Pool Private: Yes
- Roof: Shingle
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 8
- Cooling: Mini-Split Unit(s)
- Fireplace: No
- Heating: Solar
- Interior Features: Built in Features, Ceiling Fans(s), Dry Bar, Eating Space In Kitchen, Window Treatments
- Laundry Features: Common Area
- Living Area Source: Owner
- Living Area Units: Square Feet
- Water View: No
Multi Family
Multi-Family Information
- Annual Net Income: $310,000.00
- Unit Count: 3
Unit 1
- Unit Type Baths Total 1: 1
- Unit Type Beds Total 1: 2
- Unit Type Pro Forma 1: 504
- Unit Type Type 1: 2 Bed/1 Bath
- Unit Type Units Total 1: 1
Unit 2
- Unit Type Baths Total 2: 1
- Unit Type Beds Total 2: 1
- Unit Type Pro Forma 2: 318
- Unit Type Type 2: 1 Bed/1 Bath
- Unit Type Units Total 2: 6
Unit 3
- Unit Type Baths Total 3: 1
- Unit Type Beds Total 3: 0
- Unit Type Pro Forma 3: 259
- Unit Type Type 3: Efficiency
- Unit Type Units Total 3: 5
Property History for 600 68th Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 600 68th Avenue
Taxable ValueLand-Additions-Total-
Tax Record2023$63,794 ($5,316 / month)
Home Facts
Baths12Total Finished SqFt2,041 SqFtAbove Grade Finished SqFt2,041 SqFtStories1Lot Size16,000 SqFtStyleHotel / MotelYear Built1949Year Renovated1988CountyPINELLASAPN36-31-15-78336-004-0280
Schools near 600 68th Avenue
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Azalea Elementary School PublicPK to 5 | ||
Azalea Middle School Public6 to 8 | ||
Boca Ciega High School Public9 to 12 | ||
Gulf Beaches Elementary Magnet PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of LPT REALTY, ALEH SHYPITSYN
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/05/2024 09:37 PM
