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Executive Summary
St. Pete Beach Boutique Hospitality & Multifamily Portfolio | 50 Income-Producing Units | ±0.85 Acres | Steps to the Gulf of Mexico
Introducing a truly rare opportunity to acquire a scaled hospitality and multifamily portfolio in the heart of St. Pete Beach, Florida. The offering consists of the renowned St. Pete Beach Suites, a professionally renovated 30-key boutique hotel, together with the Park Shore Boutique & Suites portfolio, comprising a 12-unit long-term multifamily property, an additional 7-key boutique hotel, and an RV component, all situated on approximately ±0.85 acres of irreplaceable barrier island real estate.
Both properties have been thoughtfully repositioned to deliver an authentic resort-inspired coastal experience, featuring professionally remodeled accommodations, durable block construction, impact-rated windows and doors, tropical landscaping, and resort-style pools with expansive outdoor amenity spaces that serve as the centerpiece of each property. Located just steps from the sugar sand beaches of the Gulf of Mexico, the portfolio offers guests and residents an unparalleled walkable lifestyle with immediate access to award-winning beaches, dining, entertainment, and marinas.
The portfolio provides a unique blend of stabilized cash flow through diversified income streams, including boutique hospitality operations, long-term multifamily rentals, and RV income, while also offering operational synergies and future upside potential through revenue optimization, branding initiatives, and long-term redevelopment optionality. In a market characterized by significant barriers to entry and limited opportunities for new hospitality supply, this offering represents one of the most compelling assemblage opportunities currently available on Florida's Gulf Coast.
Investment Highlights
• 30-Key St. Pete Beach Suites Boutique Hotel
• 12 Long-Term Multifamily Units at Park Shore Boutique
• Additional 7-Key Park Shore Suites Hotel & RV Income Component
• Approximately ±0.85 Acres of Barrier Island Real Estate
• Steps to the Gulf of Mexico & Public Beach Access
• Two Resort-Style Pools & Exceptional Amenity Spaces
• Professionally Renovated & Turnkey Assets
• Block Construction & Impact-Rated Improvements
• Diversified Hospitality & Multifamily Income Streams
• Strong In-Place Cash Flow with Operational Synergies
• Highly Walkable St. Pete Beach Locations
• Rare Long-Term Redevelopment & Repositioning Potential
Introducing a truly rare opportunity to acquire a scaled hospitality and multifamily portfolio in the heart of St. Pete Beach, Florida. The offering consists of the renowned St. Pete Beach Suites, a professionally renovated 30-key boutique hotel, together with the Park Shore Boutique & Suites portfolio, comprising a 12-unit long-term multifamily property, an additional 7-key boutique hotel, and an RV component, all situated on approximately ±0.85 acres of irreplaceable barrier island real estate.
Both properties have been thoughtfully repositioned to deliver an authentic resort-inspired coastal experience, featuring professionally remodeled accommodations, durable block construction, impact-rated windows and doors, tropical landscaping, and resort-style pools with expansive outdoor amenity spaces that serve as the centerpiece of each property. Located just steps from the sugar sand beaches of the Gulf of Mexico, the portfolio offers guests and residents an unparalleled walkable lifestyle with immediate access to award-winning beaches, dining, entertainment, and marinas.
The portfolio provides a unique blend of stabilized cash flow through diversified income streams, including boutique hospitality operations, long-term multifamily rentals, and RV income, while also offering operational synergies and future upside potential through revenue optimization, branding initiatives, and long-term redevelopment optionality. In a market characterized by significant barriers to entry and limited opportunities for new hospitality supply, this offering represents one of the most compelling assemblage opportunities currently available on Florida's Gulf Coast.
Investment Highlights
• 30-Key St. Pete Beach Suites Boutique Hotel
• 12 Long-Term Multifamily Units at Park Shore Boutique
• Additional 7-Key Park Shore Suites Hotel & RV Income Component
• Approximately ±0.85 Acres of Barrier Island Real Estate
• Steps to the Gulf of Mexico & Public Beach Access
• Two Resort-Style Pools & Exceptional Amenity Spaces
• Professionally Renovated & Turnkey Assets
• Block Construction & Impact-Rated Improvements
• Diversified Hospitality & Multifamily Income Streams
• Strong In-Place Cash Flow with Operational Synergies
• Highly Walkable St. Pete Beach Locations
• Rare Long-Term Redevelopment & Repositioning Potential
Property Facts
| Price | $16,995,000 | Number of Properties | 2 |
| Price / SF | $389.01 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 43,688 SF |
| Status | Active | Total Land Area | 1.23 AC |
| Price | $16,995,000 |
| Price / SF | $389.01 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 43,688 SF |
| Total Land Area | 1.23 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
St. Pete Beach Suites
6801 Sunset Way, Saint Pete Beach, FL 33706 |
Hospitality | 26,704 SF | 1948 | - |
|
Park Shore Boutique Apartments
520 73rd Ave, Saint Pete Beach, FL 33706 |
Multifamily | 16,984 SF | 1947 | - |
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