Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1951
Sq.Footage
6,612
Life is a beach now come live it. This resort is a must see just a 150 yards from the beach !!!! Have you every dreamed of owning your own turn key boutique motel on St Pete Beach the number one beach ranked on TripAdvisor. Well dreams can come true if you can move fast. The Villas consist of 12 amazing yet distinct Villas. 1 two bedroom 2 bath Villa, 5 One bedroom units with full kitchens, 5 efficiencies with full kitchens and 1 micro efficiency with mini frig. The Villas has had an extreme make over within the past few years to make it an all new 5 star resort. Updated kitchens with white and grey shaker cabinets and granite/quartz countertops. Updated bathrooms in all the Villas with beautiful turquoise and while color tile. Updated interior and exterior painting along with beachy style plank flooring, updated plumbing and electrical fixtures, just too many updates to list. Every unit has been custom designed and decorated with the most amazing beach styles. The pool area is expansive and boast tropical palm trees, tons of outdoor furniture 2 cozy cabanas and an outdoor grill. The pool itself has been updated with custom pavers and a resort style spill out dolphin. There are even beach bikes to rent along with a guest laundry area, everything is here for the guest to have the perfect beach get-a-way. The location is beyond perfect right next to the beach with some Villas having gulf views and it is within walking distance to so many wonderful beach restaurants, bars. shopping and nightlife. Words can not describe how nice these rooms and resort is so it is best to see it on it 's website thevillasatstpetebeach.com where you can view and book rooms online. Best of all this dream comes with a current cap rate of over 9 percent The numbers are beyond belief making this a true turn key business. It's all in place nothing to do but collect the rental fees. The Villas has a motel license which allows short term daily rentals. No detail has been missed and no expense has been spared to make this resort the perfect investment you will be proud to own.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.38
-
Property Type
Commercial Sale
-
Property Sub Type
Hotel/Motel
Price
-
Sales Price
$5,800,000
-
Tax Amount
23561.81
-
Sq. Footage
6, 612
-
Price/SqFt
$877
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Block
-
Ownership
Corporation
-
Tax Lot
20
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Dave Wonsick , MURPHY REALTY
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FOUNDER
DanielleUrtnowski
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