$ 1,100,000 $ 1,350,000 18.5%

8301 BLIND PASS RD

St Pete Beach, FL 33706

  • 4,450 SqFt
  • 0.26 Lot Size
  • 1952 Year Built
Investment opportunity in paradise. This boutique motel harkens back to a bygone era of old-Florida, with clean and cozy accommodations with the onsite pool being the heart of the property. There are a total of 12 rooms: 4 Deluxe studios - galley style kitchenette with apt size fridge/freezer & lg toaster oven, king bed, futon. 2 Family Studios - queen bed, twin bed, kitchenette w/ mini fridge. 3 Standard Studios - queen bed, kitchenette w/ mini fridge. 2 Basic Studios - similar to standard studios but smaller sq ft. All studios equipped with cookware, dishes/utensils, hot plate, coffee maker, microwave, toaster. There is also a 2 bedroom unit with a full kitchen. This property is represents a nice investment opportunity in the local hospitality industry. The Gulf Beaches have seen consistently increasing tourism numbers with a shortage of budget-friendly accommodations, making this property extra special. The property was impacted by flooding from hurricane Helene and has been professionally remediated. It is now ready for renovations, with a contractor on stand by to get started. All plans and forms are ready to submit for the necessary permits. Based on owner's findings and a recent ACV appraisal the property can be restored under the FEMA 50% threshold.
Listed by ENGEL & VOLKERS MADEIRA BEACH , Sold By DALTON WADE INC

PROPERTY DETAIL

  • Key Details

    Sold Price $1,100,000

    Property Type Commercial

    Sub Type Hotel/Motel

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 4, 450 sqft

    Price per Sqft $247

    Subdivision St Petersburg Beach Rep

    MLS Listing ID TB8410735

    Sold Date 09/22/25

    Construction Status Completed

    HOA Y/N No

    Year Built 1952

    Annual Tax Amount $24,250

    Lot Size 0.260 Acres

    Acres 0.26

    Lot Dimensions 100x115

    Property Sub-Type Hotel/Motel

    Source Stellar MLS

  • Location

    State FL

    County Pinellas

    Community St Petersburg Beach Rep

    Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

  • Building

    Lot Description Corner Lot, FloodZone, City Limits, Near Public Transit, Sidewalk, Street Lights, Paved

    Story 1

    Entry Level One

    Foundation Slab

    Lot Size Range 1/4 to less than 1/2

    Sewer Public Sewer

    Water Public

    Structure Type Block

    New Construction false

    Construction Status Completed

  • Interior

    Heating Ductless

    Cooling Wall/Window Unit(s)

  • Exterior

    Parking Features Parking Spaces - 13 to 18, Common, Ground Level

    Utilities Available Public, Water Connected

    Roof Type Shingle

  • Others

    Ownership Corporation

    Acceptable Financing Cash, Conventional, Owner Financing

    Listing Terms Cash, Conventional, Owner Financing

    Special Listing Condition None

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