5 Bedrooms, 4 Bathrooms – Additionally, there is potential to create a fifth unit, further enhancing rental income opportunities. Prime Investment Opportunity in the Heart of St. Pete Beach! This exceptional multi-unit property is located in one of the nation's most celebrated beach destinations, known for its powdery sands and serene, clear waters. Perfectly suited for investors, it offers both immediate rental income and significant long-term potential. The property features four well-maintained units within a single, solid-block building, ensuring durability and substantial insurance savings. Each unit is equipped with its own electric meter, simplifying management and offering tenant independence. Outdoor amenities include a private patio for relaxation and a separate laundry facility. The sprinkler system is in excellent working condition, reflecting the high standard of care provided by the current owners, who have resided on-site for many years. The layout includes: Three 1-bedroom, 1-bathroom units, two of which are rented short-term, while the third is occupied by a long-term tenant of over 10 years. A 2-bedroom, 1-bathroom unit currently serving as the owners’ private residence. This is a unique chance to acquire a turnkey investment in the premier St. Pete Beach area, providing excellent returns in one of Florida’s most sought-after coastal markets.
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.
St Pete Beach TRIPLEX! 1b/1b, 2b/1b, one studio. Perfect investment property. Recently Remodeled, new paver patios, Big driveway with plenty of parking spots, Fenced in back yards, and so much more! NEW ROOF IN 2021! Just a 4-5 minutes walk to America's finest white-sand beach, Tons of restaurants, St. Pete Beach Family Aquatic Center, Historic Corey Avenue, and more! Don't miss this amazing opportunity to own your own slice of heaven! Call today for your private tour!
The median home value in St Pete Beach, FL is $820,000. This is higher than the county median home value of $380,200. The national median home value is $338,100. The average price of homes sold in St Pete Beach, FL is $820,000. Approximately 44.22% of St Pete Beach homes are owned, compared to 13.73% rented, while 42.05% are vacant. St Pete Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a St Pete Beach real estate agent to arrange a tour today!
St Pete Beach, Florida has a population of 8,963. St Pete Beach is less family-centric than the surrounding county with 11.45% of the households containing married families with children. The county average for households married with children is 21.33%.
The median household income in St Pete Beach, Florida is $95,448. The median household income for the surrounding county is $60,451 compared to the national median of $69,021. The median age of people living in St Pete Beach is 61.2 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 52.6 degrees. The average rainfall is approximately 50.8 inches per year, with 0 inches of snow per year.