2 months on rocket

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

$5,100,000

8 Bedrooms
12 Baths
5,980 SqFt
$853/SqFt
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
ParkingAssigned, Guest, Open, Reserved
Year Built1949
HeatingSolar
CoolingZoned
Private PoolYes
MLS #T3500748
Lot Size0.37 Acres
StatusActive

About 600 68th Ave

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: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: ALEH SHYPITSYN

Interior Features

Interior Information:

  • Interior: Built-in Features, Ceiling Fans(s), Dry Bar, Eat-in Kitchen, Window Treatments

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Fence, Lighting, Outdoor Grill, Sidewalk

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Guest, Open, Reserved

Virtual/3D Tour

  • Virtual Tour: 600 68th Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Flood Zone, City Lot, Sidewalk
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Solar
  • Cooling: Zoned

School Info

Assigned Schools Information:

  • Boca Ciega High School, Public Magnet Grades 9-12
  • Azalea Middle School, Public District Grades 6-8
  • Azalea Elementary School, Public District Grades PK-5

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

$690K

Med. Price/SqFt

$538

Avg. Days On Market

74

# of Sold Homes

36

600 68th Ave vs Saint Pete Beach

86 DAYS ON ROCKET

+12 Days

$5,100,000

+$4.4M More

$853/SqFt

+$315 More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price and $315/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: #T3500748

Listing Office:

  • Office Name: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: ALEH SHYPITSYN

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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/25/2024, 9:19:21 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.

Elementary School

school-card-donut-349034
5
/10

  • Azalea Elementary School

  • 1680 74th St N

  • 3.51 miles

  • Public District Grades PK-5

Middle School

school-card-donut-349035
2
/10

  • Azalea Middle School

  • 7855 22nd Ave N

  • 3.91 miles

  • Public District Grades 6-8

High School

school-card-donut-349036
3
/10

  • Boca Ciega High School

  • 924 58th St S

  • 2.89 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,609. Most Saint Pete Beach, FL residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

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, 12 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $5,100,000.

In March 2024 more than 2 listings in Saint Pete Beach, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 30 were sold below. The number of homes for sale in Saint Pete Beach, FL increased by 9.8% between February 2024 and March 2024. In March 2024 median list price was $690,000 and the average listing age was 74 days.

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

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