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Saint Hotel 2 biens | À vendre | 7 405 116 € | Saint Pete Beach, FL
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Fully renovated boutique hotel featuring 21 keys and upscale finishes.
- Located within walking distance to the Gulf of Mexico in a high-demand tourism market.
- Structurally sound asset fully restored after temporary hurricane-related disruption in 2024.
- Includes on-site restaurant and outdoor bar delivering dual revenue streams.
- Significant redevelopment upside, including expansion to approximately 42 keys and multifamily development options.
- Supported by experienced management and positioned within a strong-performing hospitality submarket with above-average household incomes.
Résumé analytique
Great Opportunity to purchase an asset sale with immediate upside! Appraised February of 2025 for $10,680,000 including FF&E and Business Enterprise Value. Real property alone appraised for $9.9M. The Saint Hotel & 82 Degrees Restaurant/Bar presents a rare opportunity to acquire a fully renovated, boutique hospitality asset located in the highly desirable beachside submarket of St. Pete Beach, Florida. Positioned just steps from the Gulf of Mexico, this turnkey asset combines a lifestyle-driven hotel concept with a high-performing food and beverage component, creating multiple revenue streams and strong guest appeal.
The property consists of a two-story boutique hotel with a total of 21 keys, of which 17 are currently operational. The asset underwent complete renovation in 2021, including full FF&E replacement, modernization of guest rooms, and the addition of a full-service restaurant and outdoor bar.
Property Specifications
• 21 total keys | 17 currently operational
• 2 of the keys were left unrepaired to turn in to speak easy concept
• 2 of the keys were changed to a downstair kitchen that is currently unused.
• ±15,568 SF building
• Built 1949 | Fully Renovated 2021
• Two-story construction with pool, lobby, elevator
• On-site restaurant (82 Degrees) with outdoor bar
Property Highlights
• Turnkey boutique hospitality asset with modern finishes
• Dual revenue streams: hotel + restaurant/bar
• Prime beach area location within walking distance to Gulf
• Recently renovated with strong branding and positioning
• Lifestyle-driven amenities including pool and outdoor seating
• Limited small-key, lifestyle-driven boutique competition in submarket
• Potential to redevelop and expand the hotel to approximately 42 keys
Submarket Highlights – St. Pete Beach / Tampa MSA
• Located in one of Florida’s most desirable beachfront markets
• Strong tourism demand driving occupancy and ADR growth
• High barriers to entry due to limited land and zoning restrictions
• Population growth and above-average household incomes
• Continued redevelopment and economic expansion in the region
The property consists of a two-story boutique hotel with a total of 21 keys, of which 17 are currently operational. The asset underwent complete renovation in 2021, including full FF&E replacement, modernization of guest rooms, and the addition of a full-service restaurant and outdoor bar.
Property Specifications
• 21 total keys | 17 currently operational
• 2 of the keys were left unrepaired to turn in to speak easy concept
• 2 of the keys were changed to a downstair kitchen that is currently unused.
• ±15,568 SF building
• Built 1949 | Fully Renovated 2021
• Two-story construction with pool, lobby, elevator
• On-site restaurant (82 Degrees) with outdoor bar
Property Highlights
• Turnkey boutique hospitality asset with modern finishes
• Dual revenue streams: hotel + restaurant/bar
• Prime beach area location within walking distance to Gulf
• Recently renovated with strong branding and positioning
• Lifestyle-driven amenities including pool and outdoor seating
• Limited small-key, lifestyle-driven boutique competition in submarket
• Potential to redevelop and expand the hotel to approximately 42 keys
Submarket Highlights – St. Pete Beach / Tampa MSA
• Located in one of Florida’s most desirable beachfront markets
• Strong tourism demand driving occupancy and ADR growth
• High barriers to entry due to limited land and zoning restrictions
• Population growth and above-average household incomes
• Continued redevelopment and economic expansion in the region
Data room Cliquez ici pour accéder à
- Offering Memorandum
Informations sur l’immeuble
| Prix | 7 405 116 € | Nb de biens | 2 |
| Prix/m² | 5 120 € / m² | Individuellement en vente | 0 |
| Taux de capitalisation | 11,68 % | Surface totale de l’immeuble | 1 446 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,18 ha |
| Statut | Actif |
| Prix | 7 405 116 € |
| Prix/m² | 5 120 € / m² |
| Taux de capitalisation | 11,68 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 1 446 m² |
| Surface totale du terrain | 0,18 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
|
The Saint Hotel
7201 Sunset Way, Saint Pete Beach, FL 33706 |
Services hôteliers | 1 446 m² | 1949 | - |
| 72nd Ave, Saint Pete Beach, FL 33706 | Terrain | 0,05 ha | - | - |
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Saint Hotel
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