$4,800,000
St Petersburg, FL 33701
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
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
- Status: ActiveMar 11, 2026
- Listed$4,800,000Mar 10, 2026
- 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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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.
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