USAFLSt Pete BeachSt Petersburg Beach Rep523 72Nd Avenue

523 72Nd Avenue, St Pete Beach, FL

House

For Sale

Listed price in listed location currency (USD).

$4,875,000

000

MLS® TB8498298

Key Facts
Description
Map

Key Facts

Type Hotel-Motel

Levels Commercial Sale

Size 8137 sqft

Garage

Taxes $20,891

Days Active 20

Lot Size

Approx. Age 1947

Avg. Price Per Sqft $599

MLS® Number TB8498298

Property Address: 523 72nd Avenue, ST PETE BEACH, FL, 33706

Average square foot calculated using Size range provided by listing agent.

Description

Introducing the Park Shore Boutique & Park Shore Suites—a meticulously assembled 19-unit hospitality offering just steps from the sugar-white sands, providing a rare opportunity to acquire a fully operational, design-forward asset where every detail has already been executed to perfection. This exceptional offering seamlessly blends two complementary income streams: the 12-unit Park Shore Boutique, delivering stable, long-term income through thoughtfully designed unfurnished residences, and the 7-unit Park Shore Suites, a fully furnished, high-performing short-term rental operation tailored to discerning beachside travelers. The result is a refined, diversified portfolio generating nearly $500, 000 annually—with zero operational lift required. Spanning three cohesive buildings, the property is anchored by a resort-style pool environment, creating a boutique hospitality experience that rivals larger-scale resorts while maintaining an intimate, highly curated atmosphere. Each unit and common area reflects a level of care and intentionality rarely found in assets of this scale—offering a truly plug-and-play investment for the sophisticated hotelier. For the portfolio buyer, this is not a project—it’s a finished product. A stabilized, turnkey asset with proven performance, immediate cash flow, and the infrastructure already in place to support continued growth through brand elevation or rate optimization. Positioned in an irreplaceable coastal location just moments from world-class dining, entertainment, and the Gulf’s iconic shoreline, this offering delivers both lifestyle prestige and institutional-grade performance. In a landscape where turnkey hospitality assets of this caliber rarely come to market, Park Shore Boutique & Park Shore Suites stand apart as a legacy acquisition—refined, complete, and ready to perform from day one.

MLS® NumberTB8498298

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1947

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 16, 2026List Date

$4,875,000List Price

Commute

Commute

Starting Address

Destination Address

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