Legal Nightly Rental Triplex with Adjacent
For Sale
Contact for pricing
109 14th Avenue, St Pete Beach, FL 33706
Acquire a legal nightly rental triplex plus an adjacent buildable parcel for flexible development or expanded guest amenities.
Property Size2,797 SF
Price / SF$1,179
Days on Market55
Property Features for 109 14th Avenue
General Information
Standard status
Active
Size
2,797 SF
Property subtype
Hospitality, Land
Zoning
RLM-2 / PAG
Occupancy
90%
Investment Type
Stabilized
Net Operating Income
$99,000
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Year Built
1948
Year Renovated
2025
Stories
2
Listing Agency:
Compass
(941) 539-7253
Listed By:
Zach Steinberger · License #FL 3438328
Source:
Crexi
Added: Jun 19
Changed: Aug 8
Last Checked: Aug 8 at 8:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This offering combines a legal nightly rental triplex at 109 14th Avenue with an adjacent buildable parcel at 107 14th Avenue, creating an assemblage designed for both in-place hospitality use and future expansion. The property is presented as a cohesive acquisition opportunity for investors, developers, and hospitality operators who want contiguous control to support redevelopment planning and additional outdoor or guest-focused improvements, subject to applicable approvals.
The assemblage is positioned in Pass-A-Grille just steps from the Gulf of Mexico and within walking distance of historic 8th Avenue, waterfront restaurants, boutique retail, marinas, and the area’s sunset attractions. This setting supports a guest-oriented environment where access to beach and local amenities can be an important part of the overall experience.
From a practical standpoint, the combination of a triplex with a neighboring buildable parcel provides flexibility for a range of strategies, including maintaining the existing legal nightly rental configuration while pursuing redevelopment options for additional accommodations or hospitality programming on the adjacent land. Interested buyers should review the specific approvals required for any proposed changes tied to the adjacent parcel and how the parcels may be utilized under applicable regulations.
The assemblage is positioned in Pass-A-Grille just steps from the Gulf of Mexico and within walking distance of historic 8th Avenue, waterfront restaurants, boutique retail, marinas, and the area’s sunset attractions. This setting supports a guest-oriented environment where access to beach and local amenities can be an important part of the overall experience.
From a practical standpoint, the combination of a triplex with a neighboring buildable parcel provides flexibility for a range of strategies, including maintaining the existing legal nightly rental configuration while pursuing redevelopment options for additional accommodations or hospitality programming on the adjacent land. Interested buyers should review the specific approvals required for any proposed changes tied to the adjacent parcel and how the parcels may be utilized under applicable regulations.
Key Highlights
- Triplex built in 1948 operating as a legal nightly rental with three accommodations
- Located at 109 14th Avenue in Pass‑A‑Grille with immediate rental income
- Adjacent buildable parcel included at 107 14th Avenue (MLS #TB8513816)
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 33706, FL
15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Acquire a legal nightly rental triplex plus an adjacent buildable parcel for flexible development or expanded guest amenities.
Where is this short term rental property located?
The property is located at 109 14th Avenue St Pete Beach, FL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Triplex built in 1948 operating as a legal nightly rental with three accommodations; Located at 109 14th Avenue in Pass‑A‑Grille with immediate rental income; Adjacent buildable parcel included at 107 14th Avenue (MLS #TB8513816)
