St Pete Beach, FL 33706,6901 SUNSET WAY
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St Pete Beach, FL 33706,6901 SUNSET WAY
St Pete Beach, FL 33706,6901 SUNSET WAY
St Pete Beach, FL 33706,6901 SUNSET WAY
St Pete Beach, FL 33706,6901 SUNSET WAY

$5,700,000

Est. payment /mo

$5,800,000

1.7%
Est.Price: ?

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6901 SUNSET WAY St Pete Beach, FL 33706

6,612 SqFt

SOLD DATE : 04/17/2023

Key Details

Sold Price $5,700,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 6,612 sqft

Price per Sqft $862

Subdivision Beach Plaza Sec Of St Pete Beach

MLS Listing ID U8193113

Sold Date 04/17/23

HOA Y/N No

Originating Board Stellar MLS

Year Built 1951

Annual Tax Amount $23,561

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 50x100

Property Description

Life is a beach now come live it. This resort is a must see just a 150 yards from the beach !!!! Have you every dreamed of owning your own turn key boutique motel on St Pete Beach the number one beach ranked on TripAdvisor. Well dreams can come true if you can move fast. The Villas consist of 12 amazing yet distinct Villas. 1 two bedroom 2 bath Villa, 5 One bedroom units with full kitchens, 5 efficiencies with full kitchens and 1 micro efficiency with mini frig. The Villas has had an extreme make over within the past few years to make it an all new 5 star resort. Updated kitchens with white and grey shaker cabinets and granite/quartz countertops. Updated bathrooms in all the Villas with beautiful turquoise and while color tile. Updated interior and exterior painting along with beachy style plank flooring, updated plumbing and electrical fixtures, just too many updates to list. Every unit has been custom designed and decorated with the most amazing beach styles. The pool area is expansive and boast tropical palm trees, tons of outdoor furniture 2 cozy cabanas and an outdoor grill. The pool itself has been updated with custom pavers and a resort style spill out dolphin. There are even beach bikes to rent along with a guest laundry area, everything is here for the guest to have the perfect beach get-a-way. The location is beyond perfect right next to the beach with some Villas having gulf views and it is within walking distance to so many wonderful beach restaurants, bars. shopping and nightlife. Words can not describe how nice these rooms and resort is so it is best to see it on it 's website thevillasatstpetebeach.com where you can view and book rooms online. Best of all this dream comes with a current cap rate of over 9 percent The numbers are beyond belief making this a true turn key business. It's all in place nothing to do but collect the rental fees. The Villas has a motel license which allows short term daily rentals. No detail has been missed and no expense has been spared to make this resort the perfect investment you will be proud to own.

Location

State FL

County Pinellas

Community Beach Plaza Sec Of St Pete Beach

Interior

Cooling Mini-Split Unit(s)

Appliance Refrigerator

Exterior

Parking Features Parking Spaces - 13 to 18

Community Features Beach Area

Building

Story 2

Foundation Block

Lot Size Range 1/4 to less than 1/2

Structure Type Block

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by MURPHY REALTY
Bought with KELLER WILLIAMS TAMPA CENTRAL

Joy Pratt-Martin

Agent | License ID: 3415251

+1(386) 631-1299

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