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Sold for $5,700,000 on 04/17/23
  • $5,700,000

    6901 Sunset Way, Saint Petersburg, FL 33706

    5beds
    5baths
    6,612sqft
    Multi Family
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $862/sqft
    $5,745 Estimated rent

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    Rent Zestimate®

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    $38,645/mo

    Est. payment

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    $38,645/mo

    Est. payment

    What's special

    Life is a beach now come live it. This resort is a must see just a 150 yards from the beach !!!! Have you every dreamed of owning your own turn key boutique motel on St Pete Beach the number one beach ranked on TripAdvisor. Well dreams can come true if you can move fast. The Villas consist of 12 amazing yet distinct Villas. 1 two bedroom 2 bath Villa, 5 One bedroom units with full kitchens, 5 efficiencies with full kitchens and 1 micro efficiency with mini frig. The Villas has had an extreme make over within the past few years to make it an all new 5 star resort. Updated kitchens with white and grey shaker cabinets and granite/quartz countertops. Updated bathrooms in all the Villas with beautiful turquoise and while color tile. Updated interior and exterior painting along with beachy style plank flooring, updated plumbing and electrical fixtures, just too many updates to list. Every unit has been custom designed and decorated with the most amazing beach styles. The pool area is expansive and boast tropical palm trees, tons of outdoor furniture 2 cozy cabanas and an outdoor grill. The pool itself has been updated with custom pavers and a resort style spill out dolphin. There are even beach bikes to rent along with a guest laundry area, everything is here for the guest to have the perfect beach get-a-way. The location is beyond perfect right next to the beach with some Villas having gulf views and it is within walking distance to so many wonderful beach restaurants, bars. shopping and nightlife. Words can not describe how nice these rooms and resort is so it is best to see it on it 's website thevillasatstpetebeach.com where you can view and book rooms online. Best of all this dream comes with a current cap rate of over 9 percent The numbers are beyond belief making this a true turn key business. It's all in place nothing to do but collect the rental fees. The Villas has a motel license which allows short term daily rentals. No detail has been missed and no expense has been spared to make this resort the perfect investment you will be proud to own.

    Zillow last checked: 8 hours ago

    Listing updated: April 17, 2023 at 12:38pm

    Listing Provided by:

    Dave Wonsick 727-686-6229,

    MURPHY REALTY 727-686-6229

    Bought with:

    Lanika Schaefer, 3408439

    KELLER WILLIAMS TAMPA CENTRAL

    Source: Stellar MLS,MLS#: U8193105MLS LogoOriginating MLS: Pinellas Suncoast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Central, Zoned
    Cooling
    • Ductless
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Solid Surface Counters
    • Has fireplace: No
    Interior area
    • Total interior livable area: 6,612 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Lighting
    • Has private pool: Yes
    • Pool features: Gunite, Heated
    Lot
    • Size: 0.38 Acres
    • Dimensions: 50 x 100
    Details
    • Parcel number: 363115059400020010
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Concrete
    • Foundation: Block
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & neighborhood

    Location
    • Region: Saint Petersburg
    • Subdivision: BEACH PLAZA SEC OF ST PETE BEACH

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt