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$4,125,000
109 Days Online

600 68th Avenue
St Pete Beach, FL 33706

For Sale|Multi-Family|Active
Subdivision:
St Petersburg Beach 1st Add
County:
Pinellas, FL

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 727-235-7988
Is this the home for you? We can help make it yours.
727-235-7988
600 68th Avenue600 68th Avenue600 68th Avenue600 68th Avenue
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Life is a beach now come live it. 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 resort consist of 12 units all pool front. One 2 bedroom unit, Six 1 bedroom units with full kitchens, 4 efficiencies with full kitchens and one micro efficiency with mini frig. This Inn has had an extreme make over within the past year to make it an all new 5 star resort. New kitchens with white shaker cabinets and granite countertops. New bathrooms in all the efficiencies with beautiful turquoise color tile. New interior and exterior paint along with all new beachy style plank flooring, new plumbing and electrical fixtures, just too many updates to list Every unit has been custom designed and decorated with the most amazing beach styles and theme. The pool area is expansive and boast huge Royal Palm trees, tons of new outdoor furniture and 2 outdoor grills. The pool itself is all new with resort style clay spill over pots and a sun shelf for the little ones or to sun bathe. Each unit comes with it's own beach storage crate which holds it's beach wagon and chairs. to make the short 3 min walk to the white sandy beaches of Upham Beach. There are even beach bikes to rent along with a laundry room, everything is here for the guest to have the perfect beach get-a-way. The location is beyond perfect on the beach side of Gulf Blvd and within walking distance to so many wonderful beach restaurants, bars. shopping and nightlife Words can not describe how nice these rooms and resort are so it is best to see it on it 's website Uphambeachinn.com where you can view and book rooms online. Best of all this dream comes with a current cap rate of over 10 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 Inn 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.

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Listing Snapshot
Price
$4,125,000
Days Online
109 Days
Bedrooms
N/A
Inside Area (SqFt)
5,564 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.37 Acres
Year Built
1949
MLS Number
U8125960
Status
Active
Property Tax
$15,287
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
3 days agoPrice changed to $4,125,000
2 months agoPrice changed to $4,150,000
3 months agoPrice changed to $4,175,000
4 months agoListing first seen online
General Features
Listing Terms
CashPrivate Financing Available
Foundation
Slab
Garage
No
Sewer
Public Sewer
Utilities
Electricity Connected
Water
Public
Annual Net Income
430000.0
Interior Features
Cooling
Mini-Split Unit(s)
Heating
Wall Units / Window Unit
Fireplace
No
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Exterior Features
Exterior
Outdoor GrillOutdoor ShowerStorage
Roof
Shingle
Pool
Yes
Pool Features
Gunite
Waterfront
No
Community Features
Senior Community
No
Listing courtesy of MURPHY REALTY



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Data last updated at: 2021-09-23 01:30 AM EDT

Neighborhood & Commute
Source: Walkscore
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