Commercial Sale · Hotel/Motel
600 68TH AVENUE, ST PETERSBURG, FL, 33706
Active24 days on marketListed Sep 17, 2026MLS #TB8548520
About this property
The property at a glance
Hurricane damage. 2 blocks to the beach. Over 1/3 acre. 4 buildings - 12 units all pool front. One 2 bedroom unit, Six 1 bedroom units with full kitchens, 4 efficiencies with full kitchens and one micro efficiency. Ready for rehab. Located just a short walk away near the historic Corey Avenue district, the massive $100 million Corey Landing project is the most significant development in the immediate vicinity. This major mixed-use waterfront community replaces a previously vacant space and features:Luxury Condominiums: Two eight-story buildings housing over 130 luxury units.Retail & Dining: Roughly 11,000–12,000 square feet of commercial space for new indoor/outdoor restaurants and upscale retail.Public Spaces: A brand-new public park, plaza, pedestrian promenade, a water-taxi dock, and a kayak launch.
5,980
Building sq ft
$502
Price / sq ft
0.37
Lot acres
1949
Year built
4
Buildings
Hotel/Motel
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$17,198/mo
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 Tommy to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
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 600 68TH AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$6,123,080
4980 GULF BOULEVARD
6,677 sqft · $917/sqft · Sold Jan 6, 2025
$1,100,000
8301 BLIND PASS ROAD
4,450 sqft · $247/sqft · Sold Sep 22, 2025
$15,000,000
11320 GULF BOULEVARD
6,860 sqft · $2,187/sqft · Sold Jul 1, 2025
Your team
The pros in your corner
Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 600 68TH AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 600 68TH AVENUE.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of VIEWPOINT REALTY INTERNATIONAL · Georgette Gillis. MLS #TB8548520.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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