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$4,150,000 $4,125,000
600 68th Ave, St Pete Beach, FL 33706
0 Beds
0 Baths
5,564 sqft


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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.
  • Price:
  • $4,125,000
  • Square Footage:
  • 5,564
  • Acreage:
  • 0.37
  • Year Built:
  • 1949
  • Listing ID #:
  • U8125960
  • Street Address:
  • 600 68th Ave
  • City:
  • St Pete Beach
  • State:
  • Florida
  • Postal Code:
  • 33706
  • County:
  • Pinellas
  • Community:
  • 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
  • Subdivision:
  • St Petersburg Beach 1st Add
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
  • Construction Description:
  • Block
  • Exterior Features:
  • Outdoor Grill, Outdoor Shower, Storage
  • Foundation:
  • Slab
  • Number Of Units:
  • 12
  • Total Building Square Footage:
  • 5564
  • Type Of Roof:
  • Shingle
  • Year Built:
  • 1949
  • Annual Income:
  • 430000.00
  • Lot Square Footage:
  • 16000
  • Road Type:
  • Asphalt
  • Days On Market:
  • 113
  • On Market Date:
  • 2021-06-05
  • Originating Mls:
  • Stellar Mls
  • Terms:
  • Cash, Private Financing Available
  • Property Taxes:
  • $15,287
  • Tax Year:
  • 2020
  • Pool:
  • 1
  • Pool Description:
  • Gunite
  • Cooling System:
  • Mini-Split Unit(s)
  • Existing Water:
  • Public
  • Heating:
  • Wall Units / Window Unit
  • Sewage Type:
  • Public Sewer






The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

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Source: CINC

  • Listing Provided By MURPHY REALTY
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