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Faits saillants de l'investissement

  • Fully renovated boutique hotel featuring 21 keys and upscale finishes.
  • Located within walking distance to the Gulf of Mexico in a high-demand tourism market.
  • Structurally sound asset fully restored after temporary hurricane-related disruption in 2024.
  • Includes on-site restaurant and outdoor bar delivering dual revenue streams.
  • Significant redevelopment upside, including expansion to approximately 42 keys and multifamily development options.
  • Supported by experienced management and positioned within a strong-performing hospitality submarket with above-average household incomes.

Résumé de l'annonce

The Saint Hotel & 82 Degrees Restaurant/Bar presents a rare opportunity to acquire a fully renovated, boutique hospitality asset located in the highly desirable beachside submarket of St. Pete Beach, Florida. Positioned just steps from the Gulf of Mexico, this turnkey asset combines a lifestyle-driven hotel concept with a high-performing food and beverage component, creating multiple revenue streams and strong guest appeal.
The property consists of a two-story boutique hotel with a total of 21 keys, of which 17 are currently operational. The asset underwent complete renovation in 2021, including full FF&E replacement, modernization of guest rooms, and the addition of a full-service restaurant and outdoor bar.
Property Specifications
• 21 total keys | 17 currently operational
• 2 of the keys were left unrepaired to turn in to speak easy concept
• 2 of the keys were changed to a downstair kitchen that is currently unused.
• ±15,568 SF building
• Built 1949 | Fully Renovated 2021
• Two-story construction with pool, lobby, elevator
• On-site restaurant (82 Degrees) with outdoor bar
Property Highlights
• Turnkey boutique hospitality asset with modern finishes
• Dual revenue streams: hotel + restaurant/bar
• Prime beach area location within walking distance to Gulf
• Recently renovated with strong branding and positioning
• Lifestyle-driven amenities including pool and outdoor seating
• Limited small-key, lifestyle-driven boutique competition in submarket
• Potential to redevelop and expand the hotel to approximately 42 keys
Submarket Highlights – St. Pete Beach / Tampa MSA
• Located in one of Florida’s most desirable beachfront markets
• Strong tourism demand driving occupancy and ADR growth
• High barriers to entry due to limited land and zoning restrictions
• Population growth and above-average household incomes
• Continued redevelopment and economic expansion in the region
Investment Thesis
The Saint Hotel represents a unique opportunity to acquire a boutique hospitality asset with immediate income potential and significant upside. Investors can capitalize on post-recovery operational ramp-up while executing a clearly defined development strategy—including potential expansion to approximately 42 hotel keys that has already been vetted at the municipal level. The combination of strong location, diversified revenue streams, and by-right development potential positions this asset as a compelling long-term investment in one of Florida’s most supply-constrained coastal markets.

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Faits sur la propriété

Prix 11 976 102 $ CAD
Prix/pi² 769,28 $ CAD / pi²
Taux de capitalisation 11,68%
Type de vente Investissement
Statut Actif
Nombre de propriétés 2
Individuellement en vente 0
Taille totale du bâtiment 15 568 pi²
Superficie totale du terrain 0,44 AC

Propriétés

Nom de la propriété/adresse Type de propriété Taille Année de construction Prix individuel
The Saint Hotel
7201 Sunset Way, Saint Pete Beach, FL 33706
Services hôteliers 15 568 pi² 1949 -
72nd Ave, Saint Pete Beach, FL 33706 Terrain 0,12 AC - -
Afficher plus > < Afficher moins
  • ID d’inscription: 40244462

  • Date de mise sur le marché: 2026-04-22

  • Dernière mise à jour:

  • Adresse: Saint Hotel, Saint Pete Beach, FL

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