EL PATIO MOTEL

Prime St. Petersburg Location: Positioned on the highly trafficked 4th Street N corridor with over 45,000 vehicles per day, near Downtown St. Petersburg, Tropicana Field, and world-class Gulf Coast beaches.
9 Operating Guestrooms + 2-Bedroom Owner’s Quarters: Ideal for an owner-operator or conversion into additional rentable inventory under third-party management.
Recent Capital Improvements: Renovations include a new roof, full exterior and interior repaint, and updated electrical paneling in guestrooms, reducing near-term capital expenditure needs.
12 Parking Spaces + Vacant Lot: Ample parking plus an adjacent parcel brings the total lot size to 0.55 acres, offering flexibility for additional parking, expansion, or redevelopment.
Diverse Demand Generators: Year-round demand from world-class beaches, a thriving downtown arts scene, Tropicana Field, corporate headquarters, and nearby healthcare institutions.
Value-Add Potential: Upside through improved management, increased distribution channels (Airbnb, Booking.com, Expedia), or potential branding/flag conversion to enhance ADR and occupancy.
High-Growth Metro: Located in the Tampa–St. Petersburg–Clearwater MSA, one of the fastest-growing regions in the U.S., with strong population growth, tourism, and infrastructure investment.

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