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523 72ND AVENUE
ST PETE BEACH FL 33706 US

$4,875,000

Active Listing ID TB8498298
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Lot: 0.44 Acres
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Other

$4,875,000

Active Listing ID TB8498298
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523 72ND AVENUE 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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Property Features

  • Facts
  • Lot Size: 0.44 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Ductless, Multi Units
  • Exterior Finish: Paved
  • Floor Covering: Tile, Vinyl
  • Roof Type: Membrane, Shingle
  • Heating Fuels: Central, Ductless (Heating), Electric (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 4875000
  • unparsedaddress: 523 72ND AVENUE
  • postalcity: ST PETE BEACH
  • stateorprovince: FL
  • country: US
  • postalcode: 33706
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.44
  • lotsizeunits: Acres
  • lotsizearea: 0.44
  • livingarea: 8137
  • livingareaunits: Square Feet
  • latitude: 27.740198
  • longitude: -82.751039
  • listagentfullname: Zach Steinberger
  • listagentemail: zach.steinberger@compass.com
  • listagentkey: 3yd-MFRMLSFL-260047075
  • listagentmlsid: 260047075
  • listagentpreferredphone: 9415397253
  • listagentofficephone: 7273397902
  • listofficekey: 3yd-MFRMLSFL-260033445
  • listagentstatelicense: 3438328
  • listofficemlsid: 260033445
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1947
  • listingcontractdate: 2026-04-15
  • listagenturl: https://www.compass.com/
  • countyorparish: Pinellas
  • parcelnumber: 36-31-15-77994-046-0090
  • appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • cooling: Central Air, Ductless, Multi Units
  • constructionmaterials: Block
  • flooring: Tile, Vinyl
  • heating: Central, Ductless (Heating), Electric (Heating)
  • numberofunitstotal: 19
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Membrane, Shingle
  • waterfrontyn: False
  • exteriorfeatures: Paved
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.75104, 27.740198
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"zach.steinberger@compass.com", "ListBrokerageCity":"FL", "ListBrokerageCountry":"US", "ListBrokerageEmail":"brokerfl@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":"(305) 851-2820", "ListBrokeragePostalCode":"33139", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"7th Floor", "ListBrokerageUnparsedAddress":"605 Lincoln Road", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"200 Central Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"St Petersburg", "ListOfficeCountry":"US", "ListOfficeEmail":"BrokerFL@Compass.com", "ListOfficePostalCode":"33701", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Hotel/Motel - ST PETE BEACH, FL", "ListingURL":"https://listings.listhub.net/pages/MFRMLSFL/TB8498298/?channel=rexren", "MLSModificationTimestamp":"2026-04-16T02:42:11Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Hotel/Motel", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":20890.59, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/16/2026 8:09:44 AM GMT
Source Updated Date: 4/17/2026 6:44:12 PM GMT

Courtesy of: Zach Steinberger, COMPASS FLORIDA LLC, zach.steinberger@compass.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.