Hotel/Motel at ST PETERSBURG
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19 photos

$4,100,000

ST PETERSBURG, FL 33701
Listed by CEDERMAN PROPERTIES
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1937

About this home

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.

Property details

MLS #
MFRTB8485256
Property type
Hotel/Motel
Subdivision
REV MAP OF ST PETERSBURG
Status
Active
Days on market
211
On market date
March 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.09 acres

Market position

How this listing compares to current activity in ST PETERSBURG, from live MLS data.

On the market 211 days -- 114 more days than ST PETERSBURG's current average of 97 days.
For reference, the median list price across 3,836 active listings in ST PETERSBURG right now is $334,250.

Mortgage calculator

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Est. monthly payment
$24,841/mo
$820,000 down
$3,280,000 loan
Principal & interest$21,274
Property tax (est.)$3,417
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 23 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.