Description of 523 72nd Ave, St Pete Beach, FL 33706
Listing details for 523 72nd Ave, St Pete Beach, FL 33706 : 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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Listing Updated : 05-01-2026 at 4:27 AM EDT
Listing Provided By : Zach Steinberger, 727-339-7902, COMPASS FLORIDA LLC
Source :
Stellar MLS as distributed by MLS GRID, MLS#: MFRTB8498298
Property Details
Overview
Status
Active
MLS #ID
MFRTB8498298
Price
$4,875,000
Bedrooms
Bathrooms
0
Square Footage
8,137
Acres
0.44
Year
1947
Days on Site
1
Property Type
Commercial Sale
Property Sub Type
Hotel/Motel
Price per Sq Ft
$599
Date Listed
Apr 15, 2026
Community Information for 523 72nd Ave, St Pete Beach, FL 33706
Based on information submitted to the MLS GRID as of 2026-05-01 at 8:03 p.m. EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information