7201 Sunset Way | Saint Pete Beach, FL 33706
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- LoopNet Team
7201 Sunset Way
Saint Pete Beach, FL 33706
The Saint Hotel and 82 Degrees Bar & Grille · Hospitality Property For Sale
·
15,568 SF
INVESTMENT HIGHLIGHTS
- TURNKEY Only Now Beginning Full Second Year of Operations!
- ON-SITE BAR & RESTAURANT WITH WATER VIEWS PROVIDES ADDITIONAL GUEST SATISFACTION AND OWNER REVENUE
- INCLUDES 4 ADJACENT PROPERTIES FOR PARKING AND FUTURE EXPANSION
- OUTSTANDING RATINGS, REVIEWS AND PRE-BOOKED FUTURE RESERVATIONS
- 7.5% Proforma Cap Rate. January NOI alone $100K. Based on 10% Bar & Restaurant Return and 40% Hotel Return
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1957/2021 |
| Building Class | C | Parking Ratio | 3.85/1,000 SF |
| Lot Size | 0.93 AC | Corridor | Exterior |
| Building Size | 15,568 SF | ||
| Zoning | R-3B, St. Pete Beach - Hotels and Motels (49 units or less) | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 15,568 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1957/2021 |
| Parking Ratio | 3.85/1,000 SF |
| Corridor | Exterior |
| Zoning | R-3B, St. Pete Beach - Hotels and Motels (49 units or less) |
AMENITIES
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,293,888 | |
| Land Assessment | $2,839,069 | Total Assessment | $6,132,957 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,839,069
Improvements Assessment
$3,293,888
Total Assessment
$6,132,957
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