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.
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.
Property Details
Price:
$4,800,000
MLS #:
TB8485256
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
REV MAP OF ST PETERSBURG
Neighborhood:
33701stpete
Listed Date:
Mar 10, 2026
Total Sq Ft:
6,891
Lot Size:
4,200 sqft / 0.09 acres (approx)
Year Built:
1937
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Levels
Two
Exterior
Construction Materials
Concrete, Stucco
Direction Faces
North
Financial
Tax Year
2025
Taxes
$21,575
Map
Community
- Address ST PETERSBURG FL
- SubdivisionREV MAP OF ST PETERSBURG
- CityST PETERSBURG
- CountyPinellas
- Zip Code33701
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Commercial in ST PETERSBURG as of Aug 29, 2026
59
Commercial Listed
205
Avg DOM
390
Avg $ / SqFt
$1,465,478
Avg List Price
Property Summary
- Located in the REV MAP OF ST PETERSBURG subdivision, ST PETERSBURG FL is a Commercial for sale in ST PETERSBURG, FL, 33701. It is listed for $4,800,000 To schedule a showing of MLS#tb8485256 at in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of CEDERMAN PROPERTIES. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. ST PETERSBURG, FL