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523 72ND Ave

st. pete beach, FL 33706

US$4,875,000

    Interested? Let's Connect

    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.

    Details

    8,137 Sq Ft

    0.44 Private Acres Lot Size

    commercial

    US$20,891 Annual Tax

    Built in 1947

    MLS/Listing ID TB8498298

    2 Stories

    19 Units

    Amenities & Features

    Window Treatments

    Shingle

    Membrane

    Lot - Street Lights

    Lot - Sidewalk

    Lot - Flood Insurance Required

    Community - Beach Area

    Insulated Windows

    Lot - Oversized Lot

    Heating - Electric

    Slab

    Tile

    Cooling - Central Air

    Cooling - Multi-split AC

    Construction - Block

    Community - Sidewalks

    Dishwasher

    Dryer

    Microwave

    Refrigerator

    Washer

    Estimate my mortgage

    TOTAL MONTHLY COST

    US$0

    • PRINCIPAL & INTEREST

      US$0

    • PROPERTY TAXES

      US$0

    • Common Charges

      US$0

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