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This Hospitality Property is no longer advertised on LoopNet.com.

7201 Sunset Way
St Pete Beach, FL 33706

The Saint Hotel and 82 Degrees Bar & Grille · Hospitality Property For Sale · 15,568 SF

Investment Highlights

  • TURNKEY Only Now Beginning Full Second Year of Operations!
  • ON-SITE BAR & RESTAURANT WITH WATER VIEWS PROVIDES ADDITIONAL GUEST SATISFACTION AND OWNER REVENUE
  • INCLUDES 4 ADJACENT PROPERTIES FOR PARKING AND FUTURE EXPANSION
  • OUTSTANDING RATINGS, REVIEWS AND PRE-BOOKED FUTURE RESERVATIONS
  • 7.5% Proforma Cap Rate. January NOI alone $100K. Based on 10% Bar & Restaurant Return and 40% Hotel Return

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.93 AC
Building Size 15,568 SF
No. Stories 2
Year Built/Renovated 1957/2021
Parking Ratio 3.85/1,000 SF
Corridor Exterior

Amenities

  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 36-31-15-77994-045-0050
  • 36-31-15-77994-045-0010
  • 36-31-15-77994-045-0040
  • 36-31-15-77994-045-0030
  • 36-31-15-77994-045-0060
Land Assessment
$3,474,136
Improvements Assessment
$4,245,003
Total Assessment
$7,719,139

zoning

Zoning Code R-3B, St. Pete Beach (Hotels and Motels (49 units or less))
R-3B, St. Pete Beach (Hotels and Motels (49 units or less))
  • Listing ID: 26706797

  • Date on Market: 9/24/2022

  • Last Updated:

  • Address: 7201 Sunset Way, St Pete Beach, FL 33706

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