Property Type: Lodging and Hospitality

Property 7

SuperUser Account — Thu, 14 May 2009 15:04:00 GMT

Listing Title: 24 Room Motel For Sale St Petersburg, FL
Address: 701 N 34th St
City: Saint Petersburg
State: Florida
Zip: 33711
County: Pinellas
# rooms/units: 24
Short Description: Great income producing 24 room motel on busy 34st North.
Long Description: Excellent Income
6,930 SF heated
21,840 SF land (.5 acre)
24 rooms w/ manager?s quarters
Corner lot
High traffic on US19/34th Street North
90% Occupancy!
Land Size (sf): 21,840
Feature 1: GRM 4.60
Feature 2: Gross Scheduled Income $271,920
Feature 3: Expenses: $83,559
Cap Rate %: 12
NOI: $153,172.00
Zoning type: CG

Property 2

SmithCRES — Thu, 09 Apr 2009 02:49:00 GMT

Listing Title: 24 Room Motel For Sale St Pete, FL
Address: 701 N 34th St
City: St. Petersburg,
State: Florida
Zip: 33711
County: Hillsborough
# rooms/units: 24
Short Description: Great property on busy US-19.
Long Description:

Excellent Income
6,930 SF heated
21,840 SF land (.5 acre)
24 rooms w/ manager?s quarters
Corner lot
High traffic on US19/34th Street North
90% Occupancy!

Corner Lot, high traffic on US 19/34th St N

Land Size (sf): 21,840
Building SF: 6930
# of buildings: 1
Property Use: Any Use
Year Built: 1956

Property 9

SmithCRES — Thu, 14 May 2009 15:22:00 GMT

Listing Title: 24 room motel on N 34th St St Pete, FL
Address: 4990 N 34th St
City: Saint Petersburg
State: Florida
Zip: 33714
County: Pinellas
# rooms/units: 24
Short Description: 24 room motel on N 34th St St Pete, FL
Long Description: The subject property is a 10,000 sf 24 room/24 bath two-story motel on .717 acre tract of land on the extremely busy 34th St North/US-19. This property has been reduced for a quick sale. The motel will be sold with all furniture, electronics, appliances & other personal items except where specified. This is a fully functional motel, but also may be a great opportunity for redevelopment.

Location, Location, Location: The subject property is located in a growth & redevelopment area of Pinellas County, which had over 4.8 million visitors in 2003 & more every year. New development is in progress in St. Petersburg. Early in 2003, the City Commission engaged the services of the firm of Glatting Jackson Kercher Anglin Lopez & Rinehart of Orlando to do a Master Plan for the City's Resort/Commercial Districts. A team of consultants was assembled with expertise in urban planning, economics, engineering, architecture, waterfront development & the hospitality industry. The study focused on the areas around Corey & 75th Avenues & Gulf Boulevard to 37th Avenue. A substantial Public participation process was incorporated into this effort with numerous public meetings held throughout the City. A final Master Plan report was accepted by the City Commission in August of 2003. Don’t miss this opportunity to own commercial property before there development push increases property costs.

Highest & Best Use: The site has 125 feet of frontage along 34th St North / US-19 & all public utilities are extended to the property. This is a high visibility property with two curb cuts & is on a corner. The subject property has C-2(General Retail Commercial & Limited Services District) zoning classification & a Commercial General land use. Due to the type of zoning, this property lends itself to its existing use as a motel (49 unit & under hotel/motel), or can be redeveloped into retail sales, bowling alley, dry cleaner, auto repair, service station, personal or business service, wholesale & distribution facility or congregate care facility. This property has a large residential community surrounding two sides.
Land Size (sf): 31,250
Building SF: 10000
# of buildings: 1
Feature 1: Utilities: City Water/Sewer
Feature 2: Frontage: 125' US-19/ 34th St N
Feature 3: Land Use: 39313-Hotels & Motels
Zoning type: C-2 (CG) General Retail Commercial & Service

Property 6

SmithCRES — Thu, 14 May 2009 15:00:00 GMT

Listing Title: 16 unit motel on Clearwater Beach's Hamden Drive
Address: 216 Hamden Drive
City: Clearwater Beach
State: Florida
Zip: 33767
County: Pinellas
# rooms/units: 16
Short Description: 16 unit motel on Clearwater Beach's Hamden Drive
Long Description: 4,218sf heated, 15,525sf land (.36 acre), In phase I of Beach Walk redevelopment, Excellent location! Assembled two additional motels to total 1.17 acres! Proposed density increases to 100+ units/acre, High visibility in Beach Walk, Harbor View, Walk to beach
Land Size (sf): 15,525
Building SF: 8,436
# of buildings: 1
Year Built: 1957

Property 5

SmithCRES — Thu, 14 May 2009 14:41:00 GMT

Listing Title: 1.17 Acre HOTEL Assemblage-Clearwater Beach, Florida
Address: 0 Coronado Drive
City: Clearwater Beach
State: Florida
Zip: 33767
County: Pinellas
Short Description: 1.17 Acre HOTEL Assemblage-Clearwater Beach, Florida
Long Description: 51,223sf / 1.17 acres, Density recently increased to 100 units/acre! 234sf frontage on Coronado Drive at the North end of Beach Walk. VERY high profile! Ready for redevelopment for new Hotel.
ASSEMBLAGE ADDRESSES: 216 Hamden Drive, Clearwater, FL 33767, 221 Coronado Drive, Clearwater, FL 33767

Perfect for redevelopment.
Land Size (sf): 50,965

Property 8

SuperUser Account — Thu, 14 May 2009 15:16:00 GMT

Listing Title: 21 Room 2-Story Motel on US 19/34th St S
Address: 1600 S 34th St
City: St Petersburg
State: Florida
Zip: 33771
County: Pinellas
# rooms/units: 22
Short Description: 21 Room 2-Story Motel on US 19/34th St S
Long Description: The subject property is a 8,490 sf 21 room two-story motel on .459 acre tract of land on the extremely busy 34th St North/US-19. This property has been reduced for a quick sale. The motel will be sold with all furniture, electronics, appliances and other personal items except where specified. This is a fully functional motel, but also may be a great opportunity for redevelopment.

Location, Location, Location: The subject property is located in a growth and redevelopment area of Pinellas County, which had over 4.8 million visitors in 2003 and more every year. New development is in progress in St. Petersburg. Early in 2003, the City Commission engaged the services of the firm of Glatting Jackson Kercher Anglin Lopez and Rinehart of Orlando to do a Master Plan for the City's Resort/Commercial Districts. A team of consultants was assembled with expertise in urban planning, economics, engineering, architecture, waterfront development and the hospitality industry. The study focused on the areas around Corey and 75th Avenues and Gulf Boulevard to 37th Avenue. A substantial Public participation process was incorporated into this effort with numerous public meetings held throughout the City. A final Master Plan report was accepted by the City Commission in August of 2003. Don’t miss this opportunity to own commercial property before the redevelopment push increases property costs.

Highest and Best Use: The site has 100 feet MOL of frontage along 34th St North / US-19 and all public utilities are extended to the property. This is a high visibility property with two curb cuts and is on a corner. The subject property has IG (Industrial General) zoning classification and 39313 land use code. Due to the type of zoning, this property lends itself to its existing use as a motel (49 unit and under hotel/motel), or can be redeveloped. The IG Industrial General District is intended to provide for areas where wholesaling, warehousing, manufacturing, assembly or product processing and the like may occur as provided by St. Petersburg's Land Use Plan.
Land Size (sf): 19,994
Building SF: 8,490
# of buildings: 2
Feature 1: Utilities: City Water/Sewer
Feature 2: Electric: All Utilities
Feature 3: Frontage: MOL 100' US-19/34th St
Feature 4: Land Use: 39313-Hotels & Motels
Year Built: 1956