$4,800,000

St Petersburg, FL 33701

Active
0
Baths
0.09
Acres
1937
Built
$697/sqft360° tour

About this home

This property offers a unique investment opportunity in the heart of downtown St. Petersburg, Florida. Situated on 3rd Avenue North, the asset is currently configured as a Hotel/Motel with 21 licensed rental units, 20 guest units, and 1 unit for owner or employee. Total building area of approximately 6,891 square feet. The structure spans two stories and features a flat roof, concrete block and stucco exterior, and drywall interiors. The property sits on a 4,161-square-foot lot with 40 feet of frontage and 100 feet of depth, providing excellent visibility and accessibility. It is located within a vibrant urban core surrounded by retail, dining, and cultural attractions, making it highly desirable for hospitality or redevelopment purposes. With its central location, proximity to major thoroughfares, and strong tourism demand in St. Petersburg, this property presents significant upside potential for investors seeking to reposition or continue operating in the hospitality sector.

Estimated monthly payment

$28,269/mo

Principal & interest$24,271
Property taxes$1,798
Home insurance (est.)$2,200

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history79 days on market

  1. Status: Active
    Mar 11, 2026
  2. Listed$4,800,000
    Mar 10, 2026
  3. Price increased$4,800,000

Virtual Tour

Facts & features

Property type
Commercial Sale
Sub type
Hotel/Motel
Status
Active
Days on market
79
Subdivision
Rev Map Of St Petersburg
County
Pinellas
Year built
1937
Price/sq ft
$697
Building area
6,891 sq ft (Public Records)
Lot size
4,200 sq ft
Lot category
0 to less than 1/4
Flood zone
X
Annual taxes
$21,575 (2025)
Parcel #
19-31-17-74466-017-0060
Zoning
DC-1
MLS #
TB8485256

Interior Details

Stories / Levels
Two
Direction faces
North

Heating & Cooling

Cooling
Wall/Window Unit(s)

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Corporation

Exterior & Construction

Construction materials
Concrete, Stucco
Foundation
Basement, Other
Road surface
Asphalt, Paved

Listing Details

Listing date
2026-03-08
On market date
2026-03-10
Original list price
$4,800,000
MLS area
33701 - St Pete
Listing AOR
Suncoast Tampa
Status changed
2026-03-11
Tax legal description
REV MAP OF ST PETERSBURG BLK 17, E 40FT OF N 1/2 OF LOT 6

Location

Flood zone
X

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 28, 2026 at 8:18 PM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA