7261 Bay Street, St Pete Beach, FL 33706

$2,000,000
4,664
SqFt
List Price
$2,000,000
Status
Active
Days on Market
169
Price Change
▼ $100,000 1589451908
MLS#
U8072607
Property Style
Multi-Family
Year Built
1957
Living Area
4,664
Lot Size
10,537
Acres
0.24
Total Acreage
Up to 10, 889 Sq. Ft.
Legal Subdivision Name
Bayside 2nd Add To St Pete Beach
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

10% CAP on the water!!! Welcome to Baywaters Inn. This beautiful boutique hotel is on the Intracoastal waterway of Boca Ciega Bay in infamous St Pete Beach. The Site consists of 8 units, six of which are studios, one 2 bedrooms, one 3 bedrooms. The facility features large fishing, sunning and boating dock. The hotel also has patios, firepit and more. Over $1,000,000.00 was recently spent on updating the facility and rooms, as can be seen in the pictures. The Operation is up and running and has high ratings from Google at 4.9 Stars. The Property has 60 ft of frontage on the water with a depth of 170 ft for a total of 10,200 sf of landmass on the water. The Site is just one minute off the Corey Causeway which is the bridge to the mainland from St Petersburg and Pasadena. The hotel is a one minute walk from Downtown St Pete Beach known as Corey Avenue. Also 3 blocks from Gulf Blvd which is the main north-south artery for all the Beaches. Come see this today!!!

Additional Information

Taxes
$7944
Community Features
No Deed Restriction
Utilities
Cable Connected, Public, Sewer Connected
Heating
Central
Air Conditioning
Mini-Split Unit(s)
Fireplace
Yes
Exterior Construction
Block, Wood Frame
Exterior Features
Outdoor Grill
Roof
Shingle
Foundation
Slab
Pool
No Pool
Water Extras
Dock w/Electric, Dock w/Water Supply
Water View
Bay/Harbor - Full
Water Access
Bay/Harbor
Water Frontage
Bay/Harbor
Flood Zone Code
A
Parcel ID
36-31-15-05112-001-0160
Legal Description
BAYSIDE 2ND ADD TO ST PETE BEACH BLK A, LOT 16

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS ST PETE REALTY.

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