8301 Blind Pass Rd, St Pete Beach, FL 33706
12 Hotel Rooms | Online Auction Sale | St Pete Beach, FL 33706
For Sale
Active
- Property Type
-
Hospitality
- Square Feet
- 5,692 SF
Listing Contacts
Michael Wyckoff
Sophy Cardenas
Property Overview
Engel & Volkers Madeira Beach is pleased to present the Sun Island Motel & Apartments, a fully remodeled 12-unit, classic beach motel at 8301 Blind Pass Road in the heart of St. Pete Beach, Florida. Constructed in 1952, this 4,450-square-foot motel sits prominently along Blind Pass Road on a 0.26-acre lot zoned ROR. The asset comprises 11 studio/efficiency motel rooms with a mix of sizes and one two-bedroom unit that is suitable for an on-site manager quarters/office. The Sun Island Motel & Apartments has undergone recent cosmetic upgrades, new furniture and furnishings, renewed landscaping, interior and exterior paint, and a fresh marketing approach. Current amenities include a large, heated pool, new outdoor furniture, a gazebo with lounge seating, refreshed guest rooms, a large TV, a kitchenette, and much more.
The Sun Island Motel & Apartments presents investors with a rare opportunity to acquire a remodeled hospitality asset in a booming tourism hub with an irreplaceable St Pete Beach location and immense value-add potential. The Sun Island Motel & Apartments has excellent visibility along Blind Pass Road, the primary thoroughfare and retail corridor for St Pete Beach. Ownership poured in roughly $7,000 on new property signage, making the property easily recognizable to passing traffic. Blind Pass Road amasses over 18,000 vehicles pass by daily, and nearby retailers situated along Blind Pass Road include Tuttorosso Restaurant & Pizzeria, Mastry's Brewing, The Helm: Provisions & Coastal Fare, Nori Thai, Carino's Northern Italian Cuisine, Shrimpy's Waterfront, and many more. This motel is also close to other key amenities including fine retailers, the HCA Florida Pasadena Hospital, downtown St. Petersburg, and endless pristine beaches. The Corey Avenue district, with shopping, dining, and regular street festivals, is conveniently located within walking distance of the property.
The Sun Island Motel & Apartments at 8301 Blind Pass Road in St Pete Beach, Florida, is a tremendous investment opportunity in a superb tourism destination. This asset is perfectly situated to serve guests wishing to appreciate and revisit the classic, old-Florida beach style - a vestige of a bygone era.
The Sun Island Motel & Apartments presents investors with a rare opportunity to acquire a remodeled hospitality asset in a booming tourism hub with an irreplaceable St Pete Beach location and immense value-add potential. The Sun Island Motel & Apartments has excellent visibility along Blind Pass Road, the primary thoroughfare and retail corridor for St Pete Beach. Ownership poured in roughly $7,000 on new property signage, making the property easily recognizable to passing traffic. Blind Pass Road amasses over 18,000 vehicles pass by daily, and nearby retailers situated along Blind Pass Road include Tuttorosso Restaurant & Pizzeria, Mastry's Brewing, The Helm: Provisions & Coastal Fare, Nori Thai, Carino's Northern Italian Cuisine, Shrimpy's Waterfront, and many more. This motel is also close to other key amenities including fine retailers, the HCA Florida Pasadena Hospital, downtown St. Petersburg, and endless pristine beaches. The Corey Avenue district, with shopping, dining, and regular street festivals, is conveniently located within walking distance of the property.
The Sun Island Motel & Apartments at 8301 Blind Pass Road in St Pete Beach, Florida, is a tremendous investment opportunity in a superb tourism destination. This asset is perfectly situated to serve guests wishing to appreciate and revisit the classic, old-Florida beach style - a vestige of a bygone era.
Property Details
- Class
- C
- Year Built/Renovated
- 1952/2023
- Stories
- 1
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 11,326 SF
- Units
- 12
Highlights
- Owner/user or investment opportunity for 12 cash-flowing units, currently ran as hospitality, w/ strong upside & flexibility for short or long-term.
- Property features a recent remodeling with cosmetic upgrades, new furniture and furnishings, renewed landscaping, interior/exterior paint, and more.
- Superb St Pete Beach location on the island's primary thoroughfare, Blind Pass Road (18K+ VPD), close to the beaches & downtown St Petersburg.
- Located near key amenities including a multitude of restaurants, shopping options, the HCA Florida Pasadena Hospital, and much more.
- Asset comprises 11 studio/efficiency motel rooms with a mix of sized and one two-bedroom unit suitable for an on-site manager quarters/office.
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