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About This Home

This 0-bedroom, 0-bathroom commercial at 523 72ND AVENUE in Saint Pete Beach, FL is listed for $4,875,000 ($599 per sqft). Built in 1947, the home offers 8,137 sqft of living space on a 0.44 acres lot.

Agent Description

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.

Key Features

  • Built in 1947
  • 0.44 acre lot

Property Details

1947

Monthly Cost Estimate

$26,073/mo

20% down · 6.5% · 30 years

Principal$3,526
Interest$21,125
Insurance$1,422

Estimates only. Actual payments may vary.

Location

523 72ND AVENUE

Saint Pete Beach, FL 33706

ST PETERSBURG BEACH REP

Features & Amenities

Exterior Features

Paved

Property Details

Flooring

TileVinyl

Construction

Block

Heating

CentralDuctless (Heating)Electric (Heating)

Cooling

Central AirDuctlessMulti Units

Appliances

DishwasherDryerMicrowaveRefrigeratorWasher

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 523 72ND AVENUE is listed at $4,875,000 ($599/sqft). The estimated monthly payment is $21,125 based on 20% down at 6.5% interest.

Key features include: Built in 1947, 0.44 acre lot. Exterior Features: Paved.

This property is listed by Zach Steinberger and can be reached at 9415397253 or zach.steinberger@compass.com.

ZS

Zach Steinberger

Agent at COMPASS FLORIDA LLC

(941) 539-7253

Listed by COMPASS FLORIDA LLC · View on Broker Site

MLS# TB8498298· Source: listhub· Updated 47 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

523 72ND AVENUE, Saint Pete Beach, FL 33706

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