Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2595 54Th Ave N St Petersburg, FL 33714
    Property profile & analytics

    2595 54Th Ave N, St Petersburg, FL 33714

    View on Map
    • Hotels
    • 11,838 SF
    • 5.46 lot acres
    For Sale
    $9,000,000
    View Listing →
    Quality Inn St. Petersburg North For Sale
    $9,000,000
    44,642 SF

    Quality Inn St. Petersburg North

    120-room hotel near Downtown St. Petersburg and St. Pete Beach.

    St Petersburg, FL 33714
    View Listing
    Property ID
    US18-2163581
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Columbia Mountain Times / Television Studio / Radio Station
    • Tropicana inn / Hotel & Motel / Bed & Breakfast
    • Knights Inn Saint Petersburg / Hotel & Motel
    • Quality Inn Saint Petersburg North-Tampa Bay / Hotel & Motel

    Property Details for 2595 54Th Ave N

    Year built
    1973
    Construction
    CONCRETE BLOCKS
    Lot size
    5.46 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    35-30-16-00000-430-1800
    APU
    353016000004301800

    Description

    This exceptional 106-room hotel, situated on a 2.38-acre lot in St. Petersburg, Florida, presents a compelling investment opportunity. Built in 1973 and completely renovated in 2021 at a cost exceeding $4.5 million, this property boasts new plumbing, electrical systems, fire panels, and furniture, fixtures, and equipment (FF&E). The exterior corridor design, coupled with a new pitched roof and concrete construction, ensures resilience. Its prime location near the high-traffic intersection of Haines Road (13,500 AADT) and 54th Avenue (21,000 AADT), with immediate access to I-275 (160,000 AADT), maximizes visibility and accessibility. The hotel benefits from proximity to major attractions including Tropicana Field (4.4 miles), The Museum of Fine Arts (5.1 miles), Orlando Health Bayfront Hospital (5.2 miles), and St. Pete-Clearwater International Airport (8.0 miles). Financial performance demonstrates strong revenue generation, with 2022 room revenue reaching $2,198,423 and 2023 room revenue at $2,014,513. Key performance indicators (KPIs) for 2022 include an Average Daily Rate (ADR) of $56.70, occupancy of 86.72%, and a Revenue Per Available Room (RevPAR) of $49.16. In 2023, the ADR was $84.16, occupancy was 60.9%, and RevPAR was $51.26. This property offers a unique blend of established infrastructure and strategic location, promising significant returns for the discerning investor. The property's address is 2595 54th Ave N, St. Petersburg, FL 33714, Pinellas County. The Property Appraiser Number (APN) is 35-30-16-00000-430-1800. The two-story building is a concrete structure.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,759,000
      Market price range: $7.25M - $12.8M
      AI Estimate
      $7,759,000
      Market price range: $7.25M - $12.8M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6678
    Latitude
    27.8225
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $131,206
    $0.00
    $0.00
    $6,000,000
    -
    $1,952,237
    $4,047,763
    $6,000,000

    Comparable in this City

    • Value Estimation
      $2,360,000
      3,858 SF

      5700 34th N St

      HOTEL/MOTEL
      5700 34th N St, Saint Petersburg, FL 33714-1206
      View Details
    • Value Estimation
      $1,200,000
      5,182 SF

      4800 34th N St

      HOTEL/MOTEL
      4800 34th N St, Saint Petersburg, FL 33714-3029
      View Details
    • Value Estimation
      $35,210,000
      57,523 SF

      2260 54th N Ave

      HOTEL/MOTEL
      2260 54th N Ave, Saint Petersburg, FL 33714-2055
      View Details
    • Value Estimation
      $28,830,000
      47,102 SF

      2171 54th N Ave

      HOTEL/MOTEL
      2171 54th N Ave, Saint Petersburg, FL 33714-2078
      View Details
    • Value Estimation
      $32,235,000
      52,666 SF

      2575 54th N Ave

      HOTEL/MOTEL
      2575 54th N Ave, Saint Petersburg, FL 33714-1973
      View Details
    • Value Estimation
      $35,405,000
      57,844 SF

      5005 34th N St

      HOTEL/MOTEL
      5005 34th N St, Saint Petersburg, FL 33714-2430
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      44,642 SF

      Quality Inn St. Petersburg North

      120-room hotel near Downtown St. Petersburg and St. Pete Beach.
      2595 54Th Ave N, St Petersburg, FL 33714
      View Details
    • Contact for pricing

      Corner Lot with High Visibility

      Corner lot with car resale operation and high visibility.
      6180 Haines Rd N, St Petersburg, FL 33714
      View Details
    • $395,000
      1,680 SF

      St. Petersburg Duplex Opportunity

      St. Petersburg duplex with two units, ideal for investors.
      4130 32Nd St N, St Petersburg, FL 33714
      View Details
    • $955,000

      Corner Lot with High Visibility

      Corner lot with high visibility, currently a car resale lot.
      6180 Haines Rd N, Saint Petersburg, FL 33714
      View Details
    • $450,000
      1,776 SF

      St. Petersburg Triplex Investment Opportunity

      Income-producing triplex on two lots in St. Petersburg, Florida.
      3257 57Th Ave N, St Petersburg, FL 33714
      View Details
    • $155,000
      0.16 Acres

      Vacant Lot in North St. Petersburg

      Fenced and gated vacant land suitable for new home construction.
      54TH 54Th Ave N, St Petersburg, FL 33714
      View Details

    Similar Nearby for Lease

    • $7,000 /Mo
      1,800 SF

      Corner Lot with High Visibility

      Corner lot with high visibility, ideal for various commercial uses.
      6180 Haines Rd N, St Petersburg, FL 33714
      View Details
    • $45,600

      Versatile Commercial Space in St. Petersburg

      Commercial space ideal for office, retail, service, or light commercial.
      4022 54Th Ave N, Saint Petersburg, FL 33714
      View Details
    • Contact for pricing
      13,185 SF

      Community Shopping Center For Rent

      Community shopping center with recent renovations and high-traffic location.
      1846 N 62Nd St, St Petersburg, FL 33714
      View Details
    • $3,800 /Mo
      2,700 SF

      Versatile Commercial Space in St. Petersburg

      Commercial space suitable for office, retail, service, or light commercial.
      4022 54Th Ave N, St Petersburg, FL 33714
      View Details
    • Contact for pricing
      3,014 SF

      Shell Condition Office Space Available

      Customizable office space in St. Petersburg, FL for lease.
      3801 N 49Th St, St Petersburg, FL 33714
      View Details
    • Contact for pricing

      Flex Space Near I-275

      Flex space available near I-275 in St. Petersburg, Florida.
      5601 Haines Rd N, St Petersburg, FL 33714
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2595 54Th Ave N
    St Petersburg, FL 33714
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2595 54Th Ave N, St Petersburg, FL, 33714
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!