ONE Inn and Suites

St. Petersburg, Florida

Asking Price: USD $3,200,000
Guest Rooms: 10    10

Property Overview

WELCOME TO THE COVETED HISTORIC OLD NORTHEAST NEIGHBORHOOD OF ST PETERSBURG, FL!, Residents and guests delight in the peaceful and picturesque brick streets, where trees form graceful, arching canopies over the homes and sidewalks. Gracefully nestled on a corner lot just one block north of Downtown St. Pete and one block west of The Vinoy, this elegant historic home licensed and presently operating as a Bed & Breakfast, was built circa 1914 and originally named the Boyce Guest House. It was designated a Historic Landmark by the City of St. Petersburg in 1997. A brick U-shaped walkway guides you to the front covered portico and into the grand foyer, featuring an oval trayed ceiling and flanked by four fluted columns. Adjacent to the foyer, you'll find both the expansive formal living and dining rooms, ideal for hosting St Pete short term visitors, group stays, wedding parties, or longer term guests alike. The living room features a gas-plumbed fireplace and seamlessly connects to a charming sunroom facing south for abundant natural light, perfect for enjoying the St. Pete sunshine. Meanwhile, the dining room comfortably accommodates a table large enough to seat 8 to 10 visitors or guests. The chef’s kitchen has been renovated with updated cabinets and appliances, highlighted by a five-burner gas cooktop. Adjacent to the kitchen is a generous laundry room equipped with oversized units, complemented by a full bath for the convenience of the first-floor bedroom (which would be a good choice for an Innkeeper’s room). Connecting the kitchen and dining room is the butler’s pantry, featuring two French doors that open onto the expansive northside porch. This peaceful outdoor space overlooks a serene patio shaded by two magnificent oak trees and surrounded by lush landscaping. The six bedrooms spread across the second and third floors each boast ensuite bathrooms, complete with jacuzzi tubs, except for one (on the third floor) which features an antique clawfoot bathtub. All rooms are flooded with natural light, and one includes a sunroom just above the first-floor sunroom.
The carriage house offers three generous suites available for short-term or long-term rental, or if it is purchased as a family home any one of them can be used as in-law accommodations. The second-floor suites feature vaulted ceilings and a porch, perfect for unwinding and savoring the tranquility of the neighborhood.
This property boasts several standout features, including original oak hardwood floors, stunning stained glass windows, multiple French doors, exposed brick in the sunrooms, a total of 7 central HVAC units, a Carrier generator ensuring continuous electricity during power outages, tankless water heaters powered by gas, updated plumbing and wiring, as well as a spacious patio and shaded parking area.
The location of this property is truly exceptional. It is conveniently situated: just 2 miles from Interstate 275, 18 miles from Tampa International Airport, 13 miles from St. Pete-Clearwater International Airport, and 21 miles from Downtown Tampa. Within the local area, it's only a block away from Downtown St. Pete, 1.5 miles to the Edge District, and 9 miles to the nearest Gulf beaches. Nearby attractions include The Vinoy Resort & Golf Club, multiple bay front parks, The Museum of Fine Arts, the newly revamped St. Pete Pier (including Spa Beach, shopping & restaurants), the Central Yacht Basin, and Beach Drive, renowned for its outstanding restaurants, shops, and lively nightlife.
With its current license and operation as a Bed & Breakfast (allowing both short and long-term stays), it presents a great opportunity for an inn operator or investor. Come enjoy the incredible and consistent growth of St Petersburg, FL; the sun is awaiting you!

This property is ideally located just one block from downtown St. Petersburg and two blocks from Tampa Bay. The main house features 7 bedrooms and 7.5 bathrooms, while the carriage house offers 3 additional suites. It’s just a five-minute walk to some of St. Pete’s top restaurants, bars, shops, the Museum of Fine Arts, and the St. Pete Pier.

Features:
  • Is Historic Historic
  • Has a Barn Romantic
Lifestyle:
  • Near the Beach Beach
  • Includes a Restaurant Golf
Business Description:

The Bed & Breakfast license has been active since it was first acquired in 1997. The current owners have refined both the booking system and guest experience, leading to continued growth. The property just closed out the first quarter with a 23% year-over-year increase and shows strong upward momentum.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
EJ Barkett (Listing Agent)
  4132372060
Barkett Realty, LLC

MLS:

U8248400

Sq Ft:

5,282

Acres:

0

Year Built:

1914

Years in Business:

2
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Financial Overview

Asking Price:

USD $3,200,000

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