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523 72ND Avenue

St Pete Beach, FL 33706
  • $4,875,000
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: TB8498298
$4,875,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,137
    SQFT
  • $599
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1947
County:

School Ratings & Info

Description

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.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-07-20T20:44:39.417.
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523 72ND Avenue St Pete Beach, FL 33706

  • Price: $4,875,000
  • Status: Active
  • On Site: 95 Days
  • MLS #: TB8498298
0
Beds
0
Baths
0
½ Baths
0.44
Acres
8,137
SQFT
$599
$/SQFT
1947
Built
Neighborhood:
St Petersburg Beach Rep
County:
Pinellas
Area:
St Pete/Pass A Grille Beach/St Pete Beach/Treasure Island
Property Description
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.
Exterior Features

Construction Materials Block Foundation Details Slab Lot Features Flood Insurance RequiredOversized LotSidewalkStreet Lights Lot Size Dimensions 89 x 215 Road Frontage Type Street LightsStreet PavedCity Street Road Surface Type PavedAsphalt Roof MembraneShingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Yn No

Interior Features

Appliances DishwasherDryerMicrowaveRefrigeratorWasher Building Area Total 9988 Cooling Central AirMini-Split Unit(s) Cooling YN Yes Flooring Luxury VinylTile Heating CentralElectricWall Units / Window Unit Heating YN Yes Levels Two Sewer Public Sewer Stories Total 2 Water Source Public Window Features Insulated WindowsWindow Treatments

Property Features

Additional Parcels YN No Annual Expenses 193144 Community Features Beach AreaSidewalks Flood Zone Code AE Listing Terms CashOwner May Carry New Construction Yn No Ownership Fee Simple Property Sub Type Hotel/Motel Special Listing Conditions None Tax Annual Amount 20890.59 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity AvailablePublicWater Connected


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of COMPASS FLORIDA LLC: 727-339-7902.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-07-20T20:44:39.417.
 
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