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$1,899,000 • living size area 5564 sqft
A rare and excellent investment opportunity. gulf tides inn is a top rated (5 star), family-owned and operated 11 unit inn, located in popular st. pete beach 1 block from the beautiful gulf of mexico and legendary sunsets. seven beautiful apartment-sized 1 bedroom suites and four wonderful efficiencies. renovated bathrooms in all units. new roofs on all of the buildings. newer mini/split ac units in all units. very high occupancy rate and massive opportunity to increase revenue via more aggressive marketing and pricing strategies. faithful and profitable repeat clientele. many regulars have been coming to the hotel for over a decade. a pristine facility. wonderful amenities, a large heated pool, free wireless internet, bbq grill, laundry facilities, free in room safes, hairdryers, complimentary toiletries welcome set, and more. st. pete beach is a busy and growing seasonal rental market. this opportunity won't last long.Business Opportunity - ST PETERSBURG BEACH 1ST ADD
600 68TH, ST PETE BEACH, FL 33706
Date Sold 07-14-2020
Sold Price$1,620,000 Asking Price$1,899,000
Share by:
- Living 5564sqft
- Lot size 16000sqft
- Taxes: Register to see
- Year Built 1949
-
Days on market:
110 day(s) Original Price:
$1,899,000-
Price per sqft:
$341.3 Tax Legal Description:
ST PETERSBURG BEACH 1ST ADD BLK 4, LOTS 28,29 AND 30 & 1/2 OF VAC ALLEY ON NER'LY SIDETax Year:
2019-
MLS:
U8076340 -
Property Type:
Business Opportunity
Construction Type:
BlockCooling Description:
Mini-Split Unit(s)Heating Description:
Wall Units / Window Unit Heat PumpFloor Description:
Ceramic TileSpecial Listing Conditions:
None