7201 Sunset Way – St Pete Beach

Source: Loopnet.com

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PROPERTY HIGHLIGHTS

  • 20 Unit Upscale Boutique Hotel with Restaurant and Development Opportunity
  • Newly Built Restaurant – 82 Degrees Bar & Grill
  • Ranked #1 of 35 Hotels in St. Pete Beach Per TripAdvisor
  • Prime Location in St. Pete Beach Adjacent to Gulf of Mexico
  • Possible Seller Financing for Qualified Buyer
  • Ranked #2 of 108 Restaurants in St. Pete Beach Per TripAdvisor
  • TOURS ARE BY APPOINTMENT ONLY – PLEASE DO NOT VISIT THE PROPERTY WITHOUT A SCHEDULED APPOINTMENT
    OFFERING OVERVIEW:
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Property Facts:

Price $13,000,000
Building Size 11,554 SF
Price Per Room $684,211
No. Rooms 19
No. Stories 2
Cap Rate 6.30%
Year Built/Renovated 1949/2021
Property Type Hospitality
Parking Ratio 2.09/1,000 SF
Property Subtype Hotel
Building Class C
Opportunity Zone No
Lot Size 0.91 AC

Listing Source: Loopnet.com

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