8301 BLIND PASS RD new Save Request In-Person Tour Request Virtual Tour
St Pete Beach,FL 33706
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 4,450 sqft
Price per Sqft $303
Subdivision St Petersburg Beach Rep
MLS Listing ID TB8410735
Year Built 1952
Annual Tax Amount $24,250
Lot Size 0.260 Acres
Property Sub-Type Hotel/Motel
Property Description
Investment opportunity in paradise. This boutique motel harkens back to a bygone era of old-Florida, with clean and cozy accommodations with the onsite pool being the heart of the property. There are a total of 12 rooms: 4 Deluxe studios - galley style kitchenette with apt size fridge/freezer & lg toaster oven, king bed, futon. 2 Family Studios - queen bed, twin bed, kitchenette w/ mini fridge. 3 Standard Studios - queen bed, kitchenette w/ mini fridge. 2 Basic Studios - similar to standard studios but smaller sq ft. All studios equipped with cookware, dishes/utensils, hot plate, coffee maker, microwave, toaster. There is also a 2 bedroom unit with a full kitchen. This property is represents a nice investment opportunity in the local hospitality industry. The Gulf Beaches have seen consistently increasing tourism numbers with a shortage of budget-friendly accommodations, making this property extra special. The property was impacted by flooding from hurricane Helene and has been professionally remediated. It is now ready for renovations, with a contractor on stand by to get started. All plans and forms are ready to submit for the necessary permits. Based on owner's findings and a recent ACV appraisal the property can be restored under the FEMA 50% threshold.
Location
State FL
County Pinellas
Community St Petersburg Beach Rep
Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Interior
Heating Ductless
Cooling Wall/Window Unit(s)
Exterior
Parking Features Parking Spaces - 13 to 18,Common,Ground Level
Utilities Available Public,Water Connected
Roof Type Shingle
Building
Lot Description Corner Lot,FloodZone,City Limits,Near Public Transit,Sidewalk,Street Lights,Paved
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Acceptable Financing Cash,Conventional,Owner Financing
Listing Terms Cash,Conventional,Owner Financing
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8410735