David Ramirez
Multi Family (5+)

Commercial Sale · Multi Family (5+)

$3,900,0005,452 sq ft$715 /sq ft0.16 acres11 units

11965 GULF BOULEVARD, ST PETERSBURG, FL, 33706

Active36 days on marketListed Jul 2, 2026MLS #TB8523225

About this property

The property at a glance

Situated directly across the street from the sparkling Gulf Coast with 80 feet of prime road frontage on Gulf Blvd., this property puts guests steps away from the sand. Public beach access is directly across the street, along with convenient beach stores and dining options. A refreshing, temperature controlled swimming pool completes the classic Florida vacation experience; sun, sea, and relaxation at your doorstep. Owned and operated by the same family for 35 years, this beloved 11-unit boutique hotel (10 rooms plus a spacious owners apartment with office) has been a welcoming haven for generations of families, friends, and beach lovers. Its not just a business, its a legacy built on heartfelt hospitality, genuine connections, and creating memories that bring guests back year after year. This property is offered fully furnished and ready for immediate operation, while also providing the flexibility to add your own personalized touch to elevate the boutique charm for the next generation of guests. The owners apartment provides comfortable on-site living with dedicated office space for managing the property or rent out the owners apartment to maximize ROI. The intimate scale of this 11-unit boutique property makes it ideal for complete Hotel Takeovers perfect for wedding parties, milestone birthday celebrations, family reunions, and business retreats. Imagine having the entire hotel and pool to yourselves: private beach mornings, sunset gatherings by the water, and personalized service that turns your special occasion into a cherished memory. Whether it' s a beachside wedding with all guests staying on-site, a multi-day birthday celebration for the whole family, or a focused corporate retreat with team-building steps from the Gulf, this property offers a rare private-resort feel guests will remember forever. Many guests return season after season, drawn to the coastal vibe and unbeatable location. Walk or Trolley Ride just minutes to Johns Pass Village & Boardwalk, Pinellas County's #1 tourist attraction. This charming fishing village features over 100 unique merchants, waterfront restaurants, shops, a local fishing fleet, dolphin watching tours, boat rentals, and vibrant boardwalk energy. Millions of tourists visit the St. Pete-Clearwater and Madeira Beach area annually, drawn to its authentic Old Florida charm and endless activities. Florida welcomed a record 143 million visitors in 2024, with strong numbers continuing into 2026, proof of the reliable demand in this coastal chic beach town. Imagine waking up to Gulf breezes, serving guests who quickly become like family, and enjoying the lifestyle that comes with owning a slice of paradise. Whether you are an experienced hospitality operator or a family looking to continue a tradition of impeccable service, this property offers the perfect blend of established success and future opportunity. A true Florida treasure, ready for its next chapter of creating lifelong memories, one guest at a time. Do not miss this rare chance to own a piece of the Gulf Coast legacy. Call today for details and schedule a private showing.

5,452

Building sq ft

$715

Price / sq ft

0.16

Lot acres

1954

Year built

11

Units

1

Building

Multi Family (5+)

Property type

Building size5,452 sq ft
Lot size0.16 acres
Year built1954
Units11
Buildings1
ConstructionBlock · Concrete
CoolingWall/Window Unit(s)
Annual taxes$13,810

The numbers

Investment snapshot

$560,000

Gross income (yr)

$354,545

Price / unit

11

Units

Estimated payment (illustrative)

Down payment25% · $975,000
Interest rate6.00%
Loan term

Estimated payment

$18,848/mo

Principal & interest$17,537
Property taxes (actual bill)$1,151
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

22,000vehicles / day · 2025107 Ave to 140 Ave · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Circle KGrocery0 mi
Ebb Tide MotelLodging0 mi
Boutique Beach RetreatLodging0 mi
Swashbuckler MotelLodging0.1 mi
Sea Chest MotelLodging0.1 mi
Treasure Island Vacation RentalsLodging0.1 mi
Residence Inn Saint Petersburg Treasure IslandLodging0.1 mi
Sunset Vistas Beachfront SuitesLodging0.1 mi
The Sands of Treasure IslandLodging0.1 mi
Beach House East MotelLodging0.1 mi
Oasis Palms ResortLodging0.1 mi
Cheri Lyn MotelLodging0.2 mi
Crystal Palms Beach ResortLodging0.2 mi
Tropic TerraceLodging0.2 mi
Arvilla Resort MotelLodging0.3 mi
Bayside Inn and MarinaLodging0.3 mi
Satellite MotelLodging0.4 mi
John's Pass Beach MotelLodging0.4 mi
Waffle HouseRestaurant0.5 mi
Black Pearl of Treasure IslandLodging0.5 mi
Treasure Bay Resort and MarinaRestaurant0.5 mi
Gators on the PassRestaurant0.5 mi
Treasure Bay Hotel & MarinaLodging0.5 mi
Middle Grounds GrillRestaurant0.6 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

15,347

Population

$97,364

Median income

62.2

Median age

1.79

Avg household

$616,800

Median home value

$1,646/mo

Median rent

453

Households w/ kids

Recent sales

What actually sold near 11965 GULF BOULEVARD

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

107 145TH AVENUE E

$575,000

107 145TH AVENUE E

3,706 sqft · $155/sqft · Sold May 29, 2026

6552 GULF WINDS DRIVE

$750,000

6552 GULF WINDS DRIVE

2,280 sqft · $329/sqft · Sold Mar 23, 2026

26 79TH TERRACE

$1,150,000

26 79TH TERRACE

1,952 sqft · $589/sqft · Sold Mar 20, 2026

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 11965 GULF BOULEVARD — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 11965 GULF BOULEVARD.

See it in person

Schedule a tour

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