To schedule a showing of 523 72nd Avenue, Saint Pete Beach, Florida, Call David Shippey at 863-521-4517 TODAY!
$4,875,000 | N/A beds | N/A full baths | N/A half baths | 8,137 sqft
Saint Pete Beach, FL 33706
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 8,137SqFt
- 1947Year Built
- 0.44Acres
- MLS# TB8498298
- Commercial
- HotelMotel
- Active
- Approx Time on Market2 months, 18 days
- Area33706 - Pass A Grille Bch/st Pete Bch/treasure Isl
- CountyPinellas
- Subdivision St Petersburg Beach Rep
Overview
Introducing the Park Shore Boutique & Park Shore Suitesa 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 annuallywith 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 scaleoffering a truly plug-and-play investment for the sophisticated hotelier. For the portfolio buyer, this is not a projectits 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 Gulfs 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 acquisitionrefined, complete, and ready to perform from day one.
Agriculture / Farm
Association Fees / Info
Community Features: Beach, StreetLights, Sidewalks
Bathroom Info
Building Info
Window Features: InsulatedWindows, WindowTreatments
Roof: Membrane, Shingle
Building Area Source: PublicRecords
Business Info
Buyer Compensation
Exterior Features
Financial
Gross Scheduled Income: 525,000
Net Operating Income: 264,779
Original Price: $4,875,000
Disclosures: FloodInsuranceRequired
Garage / Parking
Green / Env Info
Interior Features
Floors: LuxuryVinyl, Tile
Levels: Two
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
Lot Info
Direction Remarks: From 72nd Ave, hotel is on the right.
Lot Size Units: Acres
Lot Size Acres: 0.44
Lot Sqft: 19,323
Road Frontage Type: CityStreet
Est Lotsize: 89x215
Lot Desc: OversizedLot
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 36
Class Type: HotelMotel
Property Sub Type: HotelMotel
Construction Materials: Block
Stories: 2
Total Stories: 2
Foundation: Slab
Sqft Info
Sqft: 8,137
Bulding Area Sqft: 9,988
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,025
Tax Lot: 11
Tax Legal Description: ST PETERSBURG BEACH REPLAT BLK 46, LOTS 9 & 10 & THAT PART OF LOTS 11, 12, 13 & 14 DESC BEG MOST S'LY COR OF LOT 11 TH N30DW 215FT TO MOST W'LY COR OF LOT 12 TH N60DE 18.5FT TH S30DE 50.80FT TH N60DE 34.91FT TH S25D09'28""E 164.79FT TH S60DW 39.50FT TO POB
Tax Block: 46
Tax Annual Amount: 20890.59
Tax Book Number: 5-28
Unit Info
Total Units: 19
Utilities / Hvac
Heating: Central, Electric, WindowUnit, WallFurnace
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir, Ductless
Cooling: Yes
Heating: Yes
Utilities: ElectricityAvailable, MunicipalUtilities, WaterConnected
Waterfront / Water
Directions
From 72nd Ave, hotel is on the right.This listing courtesy of Compass Florida Llc
The information being provided by © 2026 My Florida Regional MLS DBA Stellar MLS is for the consumer's
personal, non-commercial use and may not be used for any purpose other than to
identify prospective properties consumer may be interested in purchasing. Any information relating
to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX)
program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
MLS IDX data last updated on 07-03-2026 5:26 PM EST.
If you have any questions on 523 72nd Avenue, Saint Pete Beach, Florida, please call David Shippey at 863-521-4517.
MLS# TB8498298 located at 523 72nd Avenue, Saint Pete Beach, Florida is brought to you by David Shippey REALTOR®
523 72nd Avenue, Saint Pete Beach, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 523 72nd Avenue, Saint Pete Beach, Florida is TB8498298.
The price for 523 72nd Avenue, Saint Pete Beach, Florida is $4,875,000.
The status of 523 72nd Avenue, Saint Pete Beach, Florida is Active.
The subdivision of 523 72nd Avenue, Saint Pete Beach, Florida is St Petersburg Beach Rep.
The home located at 523 72nd Avenue, Saint Pete Beach, Florida was built in 2026.