Property
ActiveCommercial
1/60
$4,875,000

523 72ND AVENUE

St Pete Beach, FL 33706
0
Beds
0
Baths
8,137
SqFt
0.44
Acres
STELLAR
#TB8498298
Updated: Apr 17, 2026, 12:38pm

Property Description

Introducing the Park Shore Boutique & Park Shore Suites—a meticulously assembled 19-unit hospitality offering just steps from the sugar-white sands, providing a rare opportunity to acquire a fully operational, design-forward asset where every detail has already been executed to perfection. This exceptional offering seamlessly blends two complementary income streams: the 12-unit Park Shore Boutique, delivering stable, long-term income through thoughtfully designed unfurnished residences, and the 7-unit Park Shore Suites, a fully furnished, high-performing short-term rental operation tailored to discerning beachside travelers. The result is a refined, diversified portfolio generating nearly $500,000 annually—with zero operational lift required. Spanning three cohesive buildings, the property is anchored by a resort-style pool environment, creating a boutique hospitality experience that rivals larger-scale resorts while maintaining an intimate, highly curated atmosphere. Each unit and common area reflects a level of care and intentionality rarely found in assets of this scale—offering a truly plug-and-play investment for the sophisticated hotelier. For the portfolio buyer, this is not a project—it’s a finished product. A stabilized, turnkey asset with proven performance, immediate cash flow, and the infrastructure already in place to support continued growth through brand elevation or rate optimization. Positioned in an irreplaceable coastal location just moments from world-class dining, entertainment, and the Gulf’s iconic shoreline, this offering delivers both lifestyle prestige and institutional-grade performance. In a landscape where turnkey hospitality assets of this caliber rarely come to market, Park Shore Boutique & Park Shore Suites stand apart as a legacy acquisition—refined, complete, and ready to perform from day one.
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Included Appliances
DishwasherDryerMicrowaveRefrigeratorWasher

Property Details

Interior
Appliances
DishwasherDryerMicrowaveRefrigeratorWasher
Building Area Total
9988
Cooling
Central AirMini-Split Unit(s)
Flooring
Luxury VinylTile
Heating
CentralElectricWall Units / Window Unit
Living Area
8137
Window Features
Insulated WindowsWindow Treatments
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
19
Roof
MembraneShingle
Stories Total
2
Year Built
1947
Site & Exterior
Flood Zone Code
AE
I D X Participation
Yes
Lot Features
Flood Insurance RequiredOversized LotSidewalkStreet Lights
Lot Size Acres
0.44
Lot Size Area
19323
Lot Size Dimensions
89 x 215
Lot Size Square Feet
19323
Lot Size Units
Square Feet
Number Of Separate Electric Meters
19
Number Of Separate Water Meters
2
Public Survey Range
15
Public Survey Section
36
Road Frontage Type
Street LightsStreet PavedCity Street
Road Surface Type
PavedAsphalt
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Electricity AvailablePublicWater Connected
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
488.09
Contract Status Change Date
2026-04-15
Current Price
4875000
Feed Types
BBO
Ownership
Fee Simple
Parcel Number
363115779940460090
Public Survey Township
31
Tax Annual Amount
20890.59
Tax Block
46
Tax Book Number
5-28
Tax Legal Description
ST PETERSBURG BEACH REPLAT BLK 46, LOTS 9 & 10 & THAT PART OF LOTS 11, 12, 13 & 14 DESC BEG MOST S'LY COR OF LOT 11 TH N30DW 215FT TO MOST W'LY COR OF LOT 12 TH N60DE 18.5FT TH S30DE 50.80FT TH N60DE 34.91FT TH S25D09'28"E 164.79FT TH S60DW 39.50FT TO POB
Tax Lot
11
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
Community Features
Beach AreaSidewalks
M L S Area Major
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Subdivision Name
ST PETERSBURG BEACH REP
Listing provided courtesy of STELLAR via IDX. Updated: Apr 17, 2026, 12:38pm.
Zach Steinberger

Listing Agent

COMPASS FLORIDA LLC

Call Agent