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Active

Undisclosed

MLS TB8485256

$4,800,000

Est. $24,702/mo principal and interest at 6.67% with 20% down

0 bd · 0 ba · 6,891 sqft · Hotel/Motel

About this property

This property offers a unique investment opportunity in the heart of downtown St. Petersburg, Florida. Situated on 3rd Avenue North, the asset is currently configured as a Hotel/Motel with 21 licensed rental units, 20 guest units, and 1 unit for owner or employee. Total building area of approximately 6,891 square feet. The structure spans two stories and features a flat roof, concrete block and stucco exterior, and drywall interiors. The property sits on a 4,161-square-foot lot with 40 feet of frontage and 100 feet of depth, providing excellent visibility and accessibility. It is located within a vibrant urban core surrounded by retail, dining, and cultural attractions, making it highly desirable for hospitality or redevelopment purposes. With its central location, proximity to major thoroughfares, and strong tourism demand in St. Petersburg, this property presents significant upside potential for investors seeking to reposition or continue operating in the hospitality sector.

Key facts

Type
Hotel/Motel
Size
6,891 sqft
Avg. price per sqft
$697
Days on market
163
Year built
1937
Lot size
0.09 acres
Annual taxes
$21,575
Flood zone
X
Cooling
Wall/Window Unit(s)
Subdivision
REV MAP OF ST PETERSBURG
Levels
Two
County
Pinellas
MLS number
TB8485256
Status
Active
Property address
Undisclosed

Property details

Exterior

  • Concrete
  • Stucco

Schools

District
Pinellas County School District
Elementary
CAMPBELL PARK ELEMENTARY SCHOOL
Middle
JOHN HOPKINS MIDDLE SCHOOL
High
ST. PETERSBURG COLLEGIATE STEM HIGH SCHOOL

School grades from FLDOE public records. District polygons and school points from NCES EDGE. Assignment is not a legal attendance guarantee. Composite scores, when present, are derived from public records and are not official FLDOE grades.

Common questions

How much is This home listed for?

This home in Tampa Bay, is listed at $4,800,000 (about $24,702/mo principal and interest at 6.67% with 20% down).

How many bedrooms and bathrooms does This home have?

This home has 0 bedrooms, 0 bathrooms, and 6,891 square feet.

Who can show This home in Tampa Bay?

Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.

Listings courtesy of Stellar MLS

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