$4,875,000
523 72nd Avenue Saint Pete Beach, FL 33706
For Sale MLS# TB8498298
8,137 sq ft Commercial
Details for 523 72nd Avenue
MLS# TB8498298
Description for 523 72nd Avenue, Saint Pete Beach, FL, 33706
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.
Listing Information
Property Type: Commercial, Hotel/Motel
Status: Active
Lot Size: 0.44 Acres
Square Feet: 8,137 sq ft
Year Built: 1947
Stories: 2 Story
Construction: Block
Subdivision: St Petersburg Beach Rep
Foundation: Slab
Number Of Units Total: 19
County: Pinellas
Interior Features
Appliances: Microwave, Refrigerator, Washer, Dishwasher, Dryer
Flooring: Luxury Vinyl,Tile
Doors/Windows: Insulated Windows, Window Treatments
Additional Interior Features: Furnished, Stone Counters
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Available,Municipal Utilities,Water Connected
Cooling: Central Air, Ductless
Heating: Electric, Central, Window Unit, Wall Furnace
Exterior / Lot Features
Roof: Shingle, Membrane
Lot Dimensions: 89x215
Additional Exterior/Lot Features: Fence, Oversized Lot
Community Features
Community Features: Beach, Sidewalks, Street Lights
Driving Directions
From 72nd Ave, hotel is on the right.
Financial Considerations
Terms: Cash,Owner May Carry
Gross Income: 457922
Tax/Property ID: 36-31-15-77994-046-0090
Tax Amount: 20890.59
Tax Year: 2025
A broker reciprocity listing courtesy: COMPASS FLORIDA LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 523 72nd Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 523 72nd Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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