• Units
• 4,437 Sq Ft
• 6,133 Sq Ft
• Unknown Cap Rate

Description

Yellowtail is proud to offer this rare opportunity. Welcome to 532 Beach Drive NE, St. Pete, FL - a historical gem in the heart of Downtown St. Petersburg! Nestled in the lively area, the "Beach Dr. Inn" is a charming Bed and Breakfast that has captured the hearts of travelers since its construction in 1910 by Aymer Vinoy Laughner.
Aymer Vinoy Laughner was a prominent figure in the early development of St. Petersburg. Born in 1860, Laughner moved to Florida in 1885 and quickly established himself as a successful businessman, investing in real estate, railroads, and other ventures.
In addition to his business acumen, Laughner was known for his civic-mindedness and philanthropy. He served as the mayor of St. Petersburg from 1912 to 1913 and was a founding member of the St. Petersburg Yacht Club, the St. Petersburg Country Club, and the St. Petersburg Automobile Club. He also donated land and funds to help establish several parks and recreational facilities in the area.
Laughner's vision and determination were key to the development of St. Petersburg's tourism industry, which remains a major economic force in the region today. The Beach Dr. Inn, which he built in 1910, was just one of many contributions he made to the city's growth and success.
As the new owner of the Beach Dr. Inn, you will not only be purchasing a beautiful and historic property but also a piece of St. Petersburg's rich heritage and legacy.
From the front porch of this beautiful home, a visionary wager was made to build a grand resort that now stands as the magnificent Vinoy Renaissance Hotel & Resort, located just across the street. This exquisite property boasts seven bedrooms and seven and a half bathrooms in total. The first level comprises a bedroom with a private bath, where the hotel manager would stay, while the remaining six bedrooms are located on the second level and feature unique names, each designed to offer an unforgettable experience.
Just a few steps from world-class shops, restaurants, movie theaters, museums, and the newly constructed St. Petersburg Pier. This location offers unparalleled convenience and promises to be a sought-after destination for guests and residents alike.
This property is ready for its new owner to take over and continue its legacy as a successful Bed & Breakfast or as a delightful residence in the bustling heart of Downtown St. Petersburg. A brand-new roof was installed in September 2018, providing an additional layer of security and comfort for years to come.
Don't miss out on this rare opportunity to own a piece of history and indulge in the excitement and charm of Downtown St. Petersburg.
Already Zoned for Hotel Motel or make it your residence and re-zone for Residential.