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Business Opportunity - for Sale

4600 34TH S, ST PETERSBURG, FL 33711

Asking Price$7,000,000

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  • Days on market:

    106 day(s)
  • Original Price:

    $7,000,000
  • Price per sqft:

    $392.29
  • Tax Legal Description:

    FROM NW COR OF SW 1/4 TH S 164.94FT & E 60FT FOR POB TH E 230.06FT TH CUR LT RAD 2696.48FT ARC 250.06FT CB S01DW 249.97FT TH W 223.85FT TH N 249.97FT TO POB (MOTEL 6 INC LEASE) CONT 1.34AC(C)
  • Tax Year:

    2024
  • Property Type:

    Business Opportunity
  • Parking:

    Ground Level Over 30 Spaces
  • Construction Type:

    BlockConcrete
  • Cooling Description:

    Mini-Split Unit(s)
  • Equipment/Appliances:

    MicrowaveRefrigerator
  • Special Listing Conditions:

    None
  • Lot Features:

    Sidewalk Street LightsCity Lot Landscaped

Description

$7,000,000 • living size area 17844 sqft

Independent economy hotel. exceptional location, prime investment opportunity, highly visible, easy access, pool, gated lot, minutes from downtown saint petersburg and beaches. 65 keys of which 12 have kitchenettes. the 34th street south corridor in st. petersburg, florida, particularly within the skyway marina district, is experiencing a significant transformation with numerous developments underway. 3,249 residential units have been constructed or are under construction. additionally, a senior living community with 218 units, rooftop pool and auditorium is currently going through the entitlement process. property is on 1.34ac with 23,712 of improvements. 2 story exterior corridor. 65 surface parking stalls. zoned general commercial. prime location for redevelopment, owner/operator, conversion, affordable housing. no financials available.
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