3733 38th Ave N
Saint Petersburg, FL 33713
Specialty Property For Sale · 1,342 SF

Offering a successful short-term rental business with a solid marketing plan allowing future growth and profitability. The Beach & Coastal are two rentals located within a single family unit home located in Saint Petersburg FL. This unit is centrally located in Saint Petersburg off of 38th Avenue with alley access only. The home has two separate units that are independent from one another & are completely self-contained. The Coastal Cottage enters through the Common Area, while The Beach Suite has its own entrance. The home has a solid income record and reasonable expenses. An investor/owner also has the flexibility to live here while renting out the other unit with excellent cash flow. The basic floor plan of the dwelling is 1342' and a 4 bedroom 2 full bath layout. The updated property has a new roof 2018, flooring, appliances, updated bathrooms, windows 2016, ceiling fans, new HVAC 2023. The property is a beachy coastal theme with a stable clientele mostly from the midwest, northeast, and Europe. The property receives some of the highest scores on the platforms of AirBNB, VRBO, and Booking.com.

With over 400+ rentals over a period of 5+ years The Beach & Coastal units has a solid history of financial success and positive reviews. With simple improvements additional rental increases of 20% + are easily achievable.
Annual revenue of $44,000-$48,000. Seller flexible with an existing 3.99% loan for creative financing options.
The property and business are a turn-key successful venture and sold with all furnishings and marketing support that allows growth in the hospitality sector. Attachment has some preliminary financial information to view. Please send a message for further information.