www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29726218
29726246

635 Bay St NE, St. Petersburg, FL 33701

SM
FL 3530706
KW Commercial Boca Raton East
KW Commercial Boca Raton East
Listed by KW Commercial Boca Raton East
$2,900,000
110 days on market
Updated 21 days ago

635 Bay St NE

Details
APN 17-31-17-04842-007-0100
Property Type Hospitality, Multifamily
Sub Type Apartment Building, Hotel (+1)
Square Footage 5,662
Keys 10
Price per SqFt $512
Class B
Year Built 1925
Year Renovated 1998
Stories 3
Acreage 0.170
Zoning NT-2

Hospitality | 10 Keys

Marketing description

WELCOME TO THE COVETED HISTORIC OLD NORTHEAST NEIGHBORHOOD OF ST PETERSBURG, FL!

Gracefully situated on a corner lot one block north of Downtown St. Petersburg and one block west of The Vinoy, this elegant 1914 Historic Landmark—originally known as the Boyce Guest House—is currently licensed and operating as a successful Bed & Breakfast.

The main residence features expansive formal living and dining areas, a renovated chef’s kitchen, multiple sunrooms, and six ensuite guest bedrooms across the second and third floors. A separate carriage house offers three additional suites, ideal for short- or long-term rental or private accommodations.

Notable features include original oak hardwood floors, stained glass windows, multiple French doors, exposed brick accents, updated plumbing and electrical systems, seven central HVAC units, tankless gas water heaters, and a generator. Outdoor amenities include spacious porches, a landscaped patio shaded by mature oak trees, and covered parking.

Located near The Vinoy Resort & Golf Club, Beach Drive, the St. Pete Pier, museums, waterfront parks, and major airports, this property offers a rare opportunity for an owner-operator or investor seeking a premier hospitality asset in the heart of St. Petersburg.

Investment highlights

  • Premier Downtown Location – Situated one block north of Downtown St. Petersburg and one block west of The Vinoy Resort & Golf Club, in one of the city’s most desirable and walkable neighborhoods.

  • Legal Short Term Rental

  • A five minute walk to the Beach Dr shops, restaurants, bars, and the St Pete Pier

  • Two blocks from Tampa Bay

  • Ten total bedrooms with 10.5 total baths

  • GRANDFATHERED USE IN NEIGHBORHOOD TRADITIONAL ZONE (NT-2)

Listing Contacts

SM
FL 3530706
KW Commercial Boca Raton East
KW Commercial Boca Raton East
Listed by KW Commercial Boca Raton East

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Stephen Molinari
License
3530706
Brokerage
KW Commercial
Brokerage Phone
561-305-6161
Title
Investment Specialist
Name
Austin Littlepage
License
3427888
Brokerage Phone
4109713207
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591