Skip To Content

    600 68TH Avenue

    St Pete Beach, FL 33706
    • $4,125,000
    • STATUS: Active
    • ON SITE: 113 days
    • ID#: U8125641
    Price Reduced
    UPDATED: 40 min ago
    $4,125,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,564
      SQFT
    • $741
      $/SQFT

    School Ratings & Info

    Description

    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. Possible private financing with a full price offer and 30 percent down

    Monthly Payment Calculator




    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 2021-09-25T10:40:42.84.
    www.cainepremierproperties.com/homes/117854138
    Print Image

    600 68TH Avenue St Pete Beach, FL 33706

    • Price: $4,125,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: U8125641
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    5,564
    SQFT
    $741
    $/SQFT
    1949
    Built
    Neighborhood:
    St Petersburg Beach 1St Add
    County:
    Pinellas
    Area:
    St Pete/Pass A Grille Beach/St Pete Beach/Treasure Island
    Property Description
    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. Possible private financing with a full price offer and 30 percent down
    Exterior Features

    Adjoining Property Hotel/Motel Construction Materials Block Foundation Details Slab Lot Size Dimensions 160X100 Other Structures MaintenanceStorage Parking Features 13 To 18 Spaces Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Mini-Split Unit(S) Stories Total 1

    Property Features

    Additional Parcels Yn No Flood Zone Code Ae Listing Terms CashPrivate Financing Available New Construction Yn No Property Sub Type Hotel/Motel Realtor Info List Agent is Related To Owner Special Listing Conditions None Tax Annual Amount 15287.35 Tax Year 2020 Total Num Buildings 4


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Murphy Realty.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 2021-09-25T10:40:42.84.
     
    https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8125641-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8125641-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8125641-2.jpg
    Logo
    Caine Luxury Team | Keller Williams Realty Naples
    879 Vanderbilt Beach Rd.
    Naples FL, 34108