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
Construction Status Completed
HOA Y/N No
Year Built 1952
Annual Tax Amount $24,250
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 100x115
Property Sub-Type Hotel/Motel
Source Stellar MLS
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
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Completed
Others
Ownership Corporation
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