Quality Inn & Suites At Tropicana Field 1400 34th St N 75 Room Hotel Saint Petersburg, FL 33713 For Sale

OFFERING OVERVIEW:
DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Quality Inn & Suites at Tropicana Field. Located in St. Petersburg, known as one of STR’s Top 25 U.S. hotel markets - the area consistently ranks among the nation’s strongest for occupancy, ADR, and RevPAR performance. The 78-room hotel is strategically positioned along 34th St N with immediate access to major corridors, including I-275 (1.3 miles). The property is minutes from leading demand generators such as Tropicana Field (3.1 miles), downtown St. Petersburg (3.2 miles), and the St. Pete Pier (4.0 miles), with direct connectivity to Sarasota via the iconic Skyway Bridge. The hotel also benefits from close proximity to key medical institutions, including St. Anthony’s Hospital (2.2 miles), Johns Hopkins All Children’s Hospital (3.7 miles), and Bayfront Health St. Petersburg (3.8 miles), the region’s largest acute-care provider. Additional anchors supporting year-round lodging demand include the SunRunner Bus Rapid Transit corridor (less than 1 mile), the EDGE District (2.5 miles), the Warehouse Arts District (3.5 miles), and Vinoy Park (4.0 miles).
Built in 1989, the three-story, exterior-corridor property recently underwent significant renovations ($1MM+/-) and caters to a diverse mix of leisure travelers, business guests, snowbirds, convention attendees, and sports groups. The offering presents investors a rare opportunity to acquire a nationally branded, cash-flowing hotel positioned within one of the most sought-after hospitality markets in the United States.


PROPERTY OVERVIEW:
Based on discussions with ownership, the property recently underwent approximately $1,000,000+/- in renovations enhancing the property’s overall condition and reducing near-term capital needs for new ownership.

Recent renovations include:
• New Roof
• New FF&E
• New Signage
• New Exterior Paint
• New Fencing
• New Toilets
• Bathtub resurfacing
• New AC & PTAC Units
• New Micro-Fridges & Microwaves

Historical Room Revenue
• Year End 2025 -$1,821,532
• Year End 2024 - $2,036,973
• Year End 2023 - $1,880,662

Additionally, ownership recently completed an incentive PIP from Choice, and change-of ownership Property Improvement Plan (PIP) is estimated to cost approximately $50,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Choice Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters. All information is deemed reliable but not guaranteed, and DSH Hotel Advisors has not inspected the property; no representations are made regarding the asset’s physical condition or the accuracy of financials or documents.


MARKET OVERVIEW:
St. Petersburg sits at the center of Pinellas County one of Florida’s most densely populated and economically active coastal regions supported by a large year-round population and a multi-billion-dollar tourism economy that drives steady leisure, corporate, medical, and extended-stay demand. The city benefits from a diversified economic base anchored by major healthcare, financial services, defense, and technology employers, including BayCare Health System, Raymond James Financial, Johns Hopkins All Children’s Hospital, and the St. Petersburg Innovation District. Continued investment in residential, cultural, and mixed-use development is expanding the urban core, while the city’s walkable waterfront, nationally recognized arts scene, award-winning beaches, and strong connectivity via I-275 and two regional airports reinforce St. Petersburg’s position as one of Florida’s most resilient and attractive hospitality markets.


Property Highlights:
• Quality Inn & Suites at Tropicana Field, A Choice Hotel
• Room Count 75 + 3 Additional Rooms | 3 Stories | Exterior Corridor
• Year Built - 1989 | Concrete Block Construction
• $1MM +/- in Recent Renovations
• Ideal Room Count for Owner-Operator
• Opportunity to convert existing two-bedroom suite into an on-site manager’s apartment.
• Amenities Include: Outdoor Pool, Fitness Center, Business Center, Continental Breakfast/Dining Area, Guest Laundry, Elevator


Location Highlights:
• Located in Saint Petersburg, FL within Tampa Bay MSA
• Less than 1.0 Mile from SunRunner Bus Rapid Transit Corridor
• 1.3 Miles from I-275 (Exit 24 / 22nd Ave N)
• 2.2 Miles from St. Anthony’s Hospital
• 3.2 Miles from Tropicana Field
• 3.2 Miles from Downtown St. Petersburg
• 3.5 Miles from Warehouse Arts District • 3.7 Miles from Johns Hopkins All Children’s Hospital • 3.8 Miles from Bayfront Health St. Petersburg
• 4.0 Miles from St. Pete Pier
• 4.1 Miles from Mahaffey Theater (Duke Energy Center for the Arts)
• 7.9 Miles from St. Pete Beach
• 12.7 Miles from St Pete/Clearwater Airport
• 19.6 Miles from Tampa International Airport
• 19.8 Miles from Clearwater Beach/Pier 60
• Significant room demand supported by nearby medical centers, corporate hubs, beaches, sports venues, and major airports


Financial Highlights:
• List Price of Market-Bid
• Year 1 Projected ADR / OCC % / RevPAR: $114.00 ADR / 64.00% OCC / $72.96 RevPAR
• Minimal PIP
Strong Historical Revenues with Improving Trends
• Year End 2025 -$1,821,532
• Year End 2024 - $2,036,973
• Year End 2023 - $1,880,662