Park Shore Boutique Hospitality
523 72ND AVENUE St Pete Beach, FL 33706
523 72ND AVENUE, St Pete Beach, FL, 33706
$4,875,000
For Sale
$4,875,000
19-unit hospitality property near the beach with diversified income.
Property Size8,137 SF
Price / SF$599.12
Days on Market98
Property Features for 523 72ND AVENUE
General Information
- Standard status
- Active
- Size
- 8,137 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1947
Listing agency
COMPASS FLORIDA LLC
(727) 339-7902
Listed by
ZACH STEINBERGER · License #3438328
Source
Corcoran
Added: Apr 16 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 10:45PM
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 FLORIDA LLC
Investment Insights
Based on property information with market context.
The Park Shore Boutique Park Shore Suites is a 19-unit hospitality property located steps from the beach. This offering includes two income streams: the 12-unit Park Shore Boutique, which provides long-term income through unfurnished residences, and the 7-unit Park Shore Suites, a furnished short-term rental operation. The property generates nearly $500,000 annually. The property consists of three buildings anchored by a resort-style pool environment. Each unit and common area reflects care and intentionality. This is a stabilized asset with immediate cash flow and the infrastructure to support continued growth through brand elevation or rate optimization. Positioned in a coastal location moments from dining, entertainment, and the Gulf’s shoreline, this property is ready to perform from day one. The property size is 8137 square feet.
Key Highlights
- Turnkey, fully operational 19‑unit hospitality asset with diversified income streams.
- Generates nearly $500,000 annually with zero operational lift required.
- Prime coastal location steps from the beach, dining, and entertainment.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Hotel - 19-unit hospitality property near the beach with diversified income.
Where is this hotel located?
The property is located at 523 72ND AVENUE St Pete Beach, FL.
What is the asking price?
The asking price for this property is $4,875,000.
What are key features of this property?
This property features: Turnkey, fully operational 19‑unit hospitality asset with diversified income streams.; Generates nearly $500,000 annually with zero operational lift required.; **Prime coastal location steps from the beach, dining, and entertainment.**
