4 months on rocket

600 68th Ave, St Pete Beach, FL, 33706

$5,100,000

8 Bedrooms
7 Baths
5,980 SqFt
$853/SqFt
Multi

Location

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Property Highlights

Home TypeQuadruplex
ParkingAssigned
Year Built1949
HeatingElectric
CoolingZoned
ViewCity
Private PoolYes
MLS #A4618686
Lot Size0.37 Acres
StatusActive

About 600 68th Ave

Income producing property Inn has grossed $1,793,277.68, since opening Feb 2021 Embrace the extraordinary chance to acquire a fully operational, beautifully renovated boutique motel at the heart of St. Pete Beach, acclaimed for its unspoiled splendor and acclaimed as America's top beach by TripAdvisor in 2021. This exclusive resort, featuring 12 meticulously crafted units, each with direct pool access, is a sanctuary of luxury and convenience. The motel comprises 12 versatile units, including a spacious 2- bedroom suite, six elegant 1-bedroom units with full kitchens, four efficient units also with full kitchens, and a charming micro efficiency unit with a mini-fridge. A comprehensive renovation has elevated this property to a 5-star status, with each unit boasting modern mini-split AC systems, polished kitchens with shaker cabinets and granite countertops, and bathrooms with exquisite turquoise tilework. The resort is further enhanced with new interior and exterior paint, contemporary beach-style plank flooring, and updated plumbing and electrical systems. The roof, redone in 2017, and a stylishly remodeled pool area, completed in 2020, add to the property's appeal. The pool area, adorned with majestic Royal Palm trees, offers a lavish setting with ample outdoor furniture, two grills for al fresco dining, and a sun shelf for ultimate relaxation. Each unit has its own beach storage crate, complete with a beach wagon and chairs, for guest convenience. Just a 3-minute stroll away lies the soft sands of Upham Beach, with beach bikes available for those seeking to explore further. Located on the beach side of Gulf Blvd, this property is a stone's throw from an array of exquisite beachfront dining, bars, shops, and vibrant nightlife. Currently operated as a successful Airbnb, with available financial records, this property holds a valuable motel license for short-term rentals, a significant asset for the new owner. This is more than a property; it's a testament to impeccable taste and a commitment to excellence. A visit is essential to fully appreciate the beauty and opportunity it presents. The property is sold as-is, with potential owner/seller financing on favorable terms. Don't miss out on this unparalleled investment opportunity at St. Pete Beach.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Living Area: 5,980 SqFt

Listing Office:

  • Office Name: SAVVY AVENUE, LLC
  • Office Phone: (888) 490-1268
  • Listing Agent: Moe Mossa

Interior Features

Interior Information:

  • Appliances: Microwave, Range Hood, Refrigerator
  • Flooring Type: Tile, Vinyl
  • Interior: Built-in Features, Ceiling Fans(s), Dry Bar, Eat-in Kitchen, Kitchen/Family Room Combo

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City
  • Exterior: Fence, Lighting

Parking Information:

  • Parking: Assigned

Virtual/3D Tour

  • Virtual Tour: 600 68th Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Zoned

Other

Directions Information:

  • Directions: Gulf Blvd to 68th Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,100,000
  • Price Per SqFt: $853/SqFt

Tax Information:

  • Annual Amount: $15,287
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Saint Pete Beach, FL.

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Saint Pete Beach, FL

City

Med. Sold Price

$775.5K

Med. Price/SqFt

$588

Avg. Days On Market

56

# of Sold Homes

26

600 68th Ave vs Saint Pete Beach

143 DAYS ON ROCKET

+87 Days

$5,100,000

+$4.3M More

$853/SqFt

+$264 More

KEY TAKEAWAY

This property is $4.3M more than the Median Sold Price and $264/SqFt more than other homes in Saint Pete Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4618686

Listing Office:

  • Office Name: SAVVY AVENUE, LLC
  • Office Phone: (888) 490-1268
  • Listing Agent: Moe Mossa

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:19:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 27, 2020Home Sold
$1,620,000
Sep 02, 2003Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2020$15,287$850,000
2019$14,657$805,000
2018$14,018$765,000
2017$13,378$720,000

History based on county public records data.

Payment Calculator

$25.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.3K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-909317
9
/10

  • Gulf Beaches Elementary Magnet School

  • 8600 Boca Ciega Dr

  • 0.99 miles

  • Public Magnet Grades KG-5

school-card-donut-909318
9
/10

  • Pasadena Fundamental Elementary School

  • 95 72nd St N

  • 2.45 miles

  • Public Magnet Grades KG-5

school-card-donut-909319
4
/10

  • Bear Creek Elementary

  • 350 61st St S

  • 2.86 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,609. The majority of Saint Pete Beach, FL residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

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Rocket Homes›Florida›Pinellas County›Saint Pete Beach›33706›600 68th Ave

This home is located at 600 68th Ave in St Pete Beach, FL and zip code 33706 in the Downtown Saint Pete Beach neighborhood. This 5,980 square foot home, which was built in 1949, sits on a 0.37 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $5,100,000.

In November 2024 more than 1 listings in Saint Pete Beach, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 22 were sold below. In November 2024 in Saint Pete Beach, FL there were 52.1% more homes for sale than in October 2024. In November 2024 median list price was $775,500 and the average listing age was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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