532 Beach Dr NE

St. Petersburg FL 33701

4437 sq. ft.

6133 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Located on the prestigious BEACH DRIVE, this extraordinary property was originally the VINOY family home and offers a unique piece of ST. PETERSBURG history. Positioned directly across from the renowned VINOY HOTEL and marina, this home did not experience flooding during the Helene or Milton storms. Currently operating as a successful bed and breakfast, the property features 5 rooms and 2 suites, making it a prime income-generating opportunity. Zoned for Hotels and Motels, it can also be easily converted back to residential use, or serve as an Airbnb, with each room bringing in $500 per night during peak season. From the front porch of this beautiful home, the vision for what would become the grand VINOY HOTEL was conceived. Today, this 7-bedroom, 7.5-bathroom property offers a rare chance to own a legacy. The first floor includes a bedroom with a private bath, while the remaining six bedrooms are located on the second floor. Just steps away from world-class dining, shopping, theaters, museums, and the new St. Petersburg Pier. This prime location offers unparalleled convenience for both guests and residents. A new roof, installed in September 2018, ensures peace of mind for years to come. Whether you continue its success as a thriving Bed & Breakfast or convert it into a stunning private residence, this property is ready for its next chapter. Don't miss this rare opportunity to own a piece of St. Petersburg history in the vibrant heart of downtown.