523 72nd Avenue, St Pete Beach, FL 33706 (MLS # TB8498298)

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PRICE $4,875,000 dsIDX morgage calculator
SIZE 8,137 sqft
LOT SIZE 19,167 sqft

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.

DAYS ON MARKET 9 LAST UPDATED 4/15/2026
TRACT ST PETERSBURG BEACH REP YEAR BUILT 1947
COMMUNITY 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl COUNTY Pinellas
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Microwave, Refrigerator, Washer
AREA 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
CONSTRUCTION Block
HEAT Central, Ductless, Electric
INTERIOR Bathrooms, Common Lighting, Fencing, Furnished, Kitchen Facility, On Site Shower, Pool/Spa, Stone Counter, Trash Removal
LOT 0.44 acre(s)
LOT DESCRIPTION Paved
LOT DIMENSIONS 89x215
SEWER Public Sewer
STORIES 2
SUBDIVISION ST PETERSBURG BEACH REP
TAXES 20890.59
UTILITIES Electricity Available, Water Connected
WATER Public
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 523 72ND AVENUE
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Listing provided by Zach Steinberger, COMPASS FLORIDA LLC, 727-380-2067
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/23/26 1:59 PM PDT.

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