$1,700,000

7261 Bay Street

ST PETE BEACH FL, 33706

Description

10% CAP on the water!!! Welcome to Baywaters Inn. This beautiful boutique hotel is on the Intracoastal waterway of Boca Ciega Bay in infamous St Pete Beach. The Site consists of 8 units, six of which are studios, one 2 bedrooms, one 3 bedrooms. The facility features large fishing, sunning and boating dock. The hotel also has patios, firepit and more. Over $1,000,000.00 was recently spent on updating the facility and rooms, as can be seen in the pictures. The Operation is up and running and has high ratings from Google at 4.9 Stars. The Property has 60 ft of frontage on the water with a depth of 170 ft for a total of 10,200 sf of landmass on the water. The Site is just one minute off the Corey Causeway which is the bridge to the mainland from St Petersburg and Pasadena. The hotel is a one minute walk from Downtown St Pete Beach known as Corey Avenue. Also 3 blocks from Gulf Blvd which is the main north-south artery for all the Beaches. Come see this today!!!

Details

MLS#U8072607
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site280

Features

SQ Feet4,664
Water FrontYes
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Area Information
StateFL
CountyPinellas
CityST PETE BEACH
Zip Code33706
Area33706 - Pass a Grille BchSt Pete BchTreasure Isl
Listing VS Median (in 33706)
Price:
$1,700,000
low | high
Med:
$438,450
100% of Average
SqFt:
4,664
low | high
Med:
588
100% of Average
$ / SqFt:
$364
low | high
Med:
$187
98.748535669587% of Average
On Site:
280
low | high
Med:
38.5
100% of Average
Listing Updated: 10/29/2020
Stephen Friese LogoMLS Number: U8072607
Listing Provided By:
Stephen Friese  of  KELLER WILLIAMS ST PETE REALTY

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