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6901 SUNSET WAY

Commercial Recently Sold
$5,700,000

BTC: 88.59226885

ETH: 1,845.44256627

Sold on: 2023-04-17
5 days
0 room(s)
6,612 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Commercial Sale
Parking:
13 to 18 Spaces
Year Built:
1951
Lot:
0.38 Acres
Heating:
No Data
Price/sqft:
$877
Cooling:
Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Cooling

    • Mini-Split Unit(s)

    Appliances

    • Refrigerator

  • Parking

    • 13 to 18 Spaces

    Lot

    • Lot: 0.38 Acres

    Other Property Information

    • Parcel Number: 363115059400020010

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $23,562

  • Source details

    • MLS ID: U8193113

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Living Area: 6612

    • Lot Size Dimensions: 50 x 100

    • Subdivision Name: BEACH PLAZA SEC OF ST PETE BEACH

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MURPHY REALTY