FL
Pinellas
ST PETE BEACH
33706
523 72ND AVENUE
523 72ND AVENUE, ST PETE BEACH, FL 33706
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Listing Type
Commercial/Industrial
Listing Status
Active
84
$4,875,000

Home Details for 523 72ND AVENUE

Price
$4,875,000
Type
Commercial Sale
Square feet
8137
Year built
1947
Lot size acres
0.44
County
Pinellas
MLS Listing#
TB8498298
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.

Property Features
  • Heating Information
    • Central
    • Electric
    • Ductless
  • Utilities
    • Electricity Available
    • Water Connected
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: COMPASS FLORIDA LLC - 727-339-7902
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-04-16 01:30:27
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EXIT KING REALTY
1800 S. Tamiami Trail, Venice, FL 34293
Dwayne Summers
License #: 3645659
Sales Representative
Office
941 497 6060
Agent
941 204 9828
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