523 72ND AVENUE ST PETE BEACH FL 33706 MLS #TB8498298

523 72ND AVENUE
ST PETE BEACH, FL, 33706
$4,875,000
Beds
0 Baths
8,137 SqFt
0.44 Acres
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MLS #TB8498298 image #0
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.

Property Details

Price:
$4,875,000
MLS #:
TB8498298
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
ST PETERSBURG BEACH REP
Neighborhood:
33706passagrillebchstpetebchtreasureisl
Listed Date:
Apr 15, 2026
Finished Sq Ft:
8,137
Total Sq Ft:
9,988
Lot Size:
19,323 sqft / 0.44 acres (approx)
Year Built:
1947
33706 – Pass A Grille Bch/st Pete Bch/treasure Isl33706passagrillebchstpetebchtreasureislSt Petersburg Beach Rep

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Schools

Interior

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Cooling
Central Air, Mini-Split Unit(s)
Flooring
Luxury Vinyl, Tile
Heating
Central, Electric, Wall Units / Window Unit
Levels
Two

Exterior

Building Features
Bathrooms, Common Lighting, Fencing, Furnished, Kitchen Facility, On Site Shower, Pool/Spa, Stone Counter, Trash Removal
Community Features
Beach Area, Sidewalks
Construction Materials
Block
Lot Features
Flood Insurance Required, Oversized Lot, Sidewalk, Street Lights
Roof
Membrane, Shingle
Window Features
Insulated Windows, Window Treatments

Financial

Tax Year
2025
Taxes
$20,891

Map

Community

Subdivisions in ST PETE BEACH

Market Summary

Current real estate data for Commercial in ST PETE BEACH as of May 04, 2026
9
Commercial Listed
358
Avg DOM
692
Avg $ / SqFt
$3,751,556
Avg List Price

Property Summary

    Located in the ST PETERSBURG BEACH REP subdivision, 523 72ND AVENUE ST PETE BEACH FL is a Commercial for sale in ST PETE BEACH, FL, 33706. It is listed for $4,875,000 To schedule a showing of MLS#tb8498298 at 523 72ND AVENUE in ST PETE BEACH, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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