7261 BAY STREET St Pete Beach, FL
$ 1,700,000
Property Attributes
  • MLS#U8072607
  • TypeIncome
  • CountyPINELLAS
  • CitySt Pete Beach
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodBayside 2Nd Add To St Pete Beach
  • Zip33706
  • StyleMulti-Family
  • Year Built1957
  • Taxes7944
  • Price$ 1,700,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage4664
  • Lot Size10,454 SqFt
Listing Provided Courtesy Of:
Property Description

10% CAP on the water!!! Welcome to Baywaters Inn. This beautiful boutique hotel is on the Intracoastal waterway of Boca Ciega Bay in infamous St Pete Beach. The Site consists of 8 units, six of which are studios, one 2 bedrooms, one 3 bedrooms. The facility features large fishing, sunning and boating dock. The hotel also has patios, firepit and more. Over $1,000,000.00 was recently spent on updating the facility and rooms, as can be seen in the pictures. The Operation is up and running and has high ratings from Google at 4.9 Stars. The Property has 60 ft of frontage on the water with a depth of 170 ft for a total of 10,200 sf of landmass on the water. The Site is just one minute off the Corey Causeway which is the bridge to the mainland from St Petersburg and Pasadena. The hotel is a one minute walk from Downtown St Pete Beach known as Corey Avenue. Also 3 blocks from Gulf Blvd which is the main north-south artery for all the Beaches. Come see this today!!!

Price History
1/25/2020 Listed $2,300,000
2/28/2020 7% - $2,150,000
4/6/2020 3% - $2,100,000
5/14/2020 5% - $2,000,000
8/31/2020 15% - $1,700,000

General Features

Construction Materials Block, Wood Frame
Cooling Mini-Split Unit(s)
Exterior Features Outdoor Grill
Heating Central
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Property SubType Multi-Family
Property Type Residential Income
Roof Shingle
Sewer Public Sewer
Special Listing Conditions None
Status Active
Total Num Buildings 1
Total Units 8
Township 31
Utilities Cable Connected, Public, Sewer Connected
Water Access Type Bay/Harbor
Water Access Y/N Yes
Waterfront Features Bay/Harbor
Year Built 1957

Interior Features

Fireplace Y/N Yes
Living Area 4664.00
Unit Count 3

Exterior Features

Foundation Details Slab
Lot Dimensions 60x140
Lot Size Acres 0.24
Lot Size Square Feet 10537
Water Extras Dock w/Electric, Dock w/Water Supply
Water Extras Yn Yes
Water Frontage Feet Bay Harbor 60
Water View Bay/Harbor - Full
Water View Y/N Yes
Waterfront Feet Total 60
Waterfront Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33706

AVG $1.57M
AVG $7,375
AVG 266
Year Built
AVG 1954

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