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Beach Haven Villas 4980 Gulf Blvd

18 Room Hotel St Pete Beach, FL 33706 $6,500,000 ($361,111/Room)

Investment Highlights

  • Gulf-front
  • Large Resort (LR) zoning
  • Nightly rentals allowed

Executive Summary

Located directly on the Gulf of Mexico, Beach Haven Villas harkens back to the days when much of Florida offered vacationers colorful art deco style motels. Still all pink, like the Historic Don Cesar and Vinoy hotels, Beach Haven retains its charming and distinctive personality while also providing modern amenities.
Conveniently situated on Gulf Boulevard in the heart of St. Pete Beach, Beach Haven is walkable to some of the finest shopping, dining, and entertainment establishments in all of Tampa Bay. The Historic Don Cesar Hotel and Tradewinds Resort -the largest Beach-front Convention Center in the area- are both within walking distance of Beach Haven. Also conveniently nearby are Publix Supermarket, CVS, Chick-Fil-A, multiple rental car agencies, and fine dining On-site amenities include a gorgeous Gulf-front heated pool, private Beach-front gazebo and swing, and gas BBQ grills with umbrella-covered seating areas. Enjoy private, spectacular sunsets in a sugar sand beach setting.
Beach Haven is zoned Large Resort (LR), one of the rarest on the beaches, and allows 50 units per acre per City of St Pete Beach municode. The total size of the site is MOL 0.89 acres allowing for high-density future development. The lot is approximately 78 feet of direct Gulf Frontage and 510 feet deep (survey will be available in documents tab).
Consisting of 18 units, Beach Haven has (12) 1 bed 1 bath units, (1) 2 bed 1 bath unit, and (5) motel units. On site is also a space dedicated to housekeeping, one for storage, and yet another for the on-site rental office. Heated and cooled footage stands at 6,677 sq ft.
Income and expenses available upon request.

Attachments

Survey

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts Under Contract

Price $6,500,000
Price Per Room $361,111
Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 0.89 AC
Building Size 6,677 SF
No. Rooms 18
No. Stories 1
Year Built/Renovated 1949/1984
Parking Ratio 2.7/1,000 SF
Corridor Exterior

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Beach (direct access)
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 13 $133.00 -
Guest Room 5 $112.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-32-16-00000-330-0300
Land Assessment
$2,226,338 (2023)
Improvements Assessment
$323,662 (2023)
Total Assessment
$2,550,000 (2023)

zoning

Zoning Code LR (Zoned LR, Large Resort. One of the rarest on the beach; LR allows 50 units per acre per St Pete Beach Municode)
LR (Zoned LR, Large Resort. One of the rarest on the beach; LR allows 50 units per acre per St Pete Beach Municode)
  • Listing ID: 32666732

  • Date on Market: 8/2/2024

  • Last Updated:

  • Address: 4980 Gulf Blvd, St Pete Beach, FL 33706

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