Hodges Ward Elliott (“HWE”) is pleased to exclusively offer for sale the fee-simple interest in the Beachcomber Beach Resort (the “Resort”, “Hotel” or “Property”), a 102-key beachfront hotel located in St. Pete Beach, Florida. The Resort benefits from a prime position just five miles from Interstate 275, providing direct connectivity to Tampa, St. Petersburg, and the greater Florida market.
St. Pete Beach is recognized as one of the nation’s premier, high-barrier-to-entry hotel markets, supported by strong tourism demand and limited new supply. Spanning 5.53 acres along one of America’s most acclaimed beaches, the Property offers immediate beachfront access, walkability to dining and entertainment along Gulf Boulevard, and convenient regional airlift through Tampa International Airport (TPA) and St. Pete-Clearwater International Airport (PIE), which together serve more than 30 million annual passengers.
Following recent renovations, the Hotel is well positioned with updated accommodations and a refreshed competitive profile. Offered fee simple and unencumbered by brand and management, the Property represents a rare opportunity to acquire a renovated Gulf-front asset in one of Florida’s most desirable leisure destinations.
| Address: | |
| Rooms: | 102 | Floors: | 2 |
| Year Built: | 1949 |
| Year Renovated: | 2025 |
| Class: | Upper Midscale |
± 6.27 AC
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| Jimmy B’s Beach Bar and Grill | |
| Meeting Space: | 2,100 SF |
| AMENITIES: |
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| INTEREST: | Fee Simple |
| Unencumbered | |
| Non-Union | |
| Transaction Type: | Receivership Sale |
INVESTMENT HIGHLIGHTS
IRREPLACEABLE OCEANFRONT LOCATION ON ST. PETE BEACH
The Beachcomber Beach Resort offers a rare combination of expansive beachfront acreage and immediate access to St. Pete Beach, which was ranked the #1 Beach in the U.S. by Tripadvisor in 2021 and the #7 Best Beach in Florida by USA Today 10Best for 2025. The Resort places guests within walking distance of lively restaurants, bars, and beachside activities including watersports and boat excursions, while also providing a central location to explore the broader Tampa Bay area.
Less than a 15-minute drive from the Resort, downtown St. Petersburg features a nationally recognized arts and cultural scene anchored by the Salvador Dali Museum, Museum of Fine Arts, and the 26-acre St. Pete Pier waterfront district. Visitors also enjoy easy access to major regional attractions such as Busch Gardens, The Florida Aquarium, Amalie Arena, home of the NHL’s Tampa Bay Lightning, and Raymond James Stadium, home to the NFL’s Tampa Bay Buccaneers.
The Property’s accessibility is reinforced by strong regional infrastructure, with Tampa International Airport (TPA) and St. Pete–Clearwater International Airport (PIE) providing expansive connectivity and recording sustained year-over-year passenger growth. This combination of premier beachfront positioning, diverse nearby attractions, and unmatched connectivity solidifies the Beachcomber as a leading hospitality asset in one of Florida’s most dynamic leisure markets.
NEWLY RENOVATED ASSET
The Beachcomber Beach Resort has recently undergone significant renovations, providing refreshed accommodations and upgraded facilities. The renovations enhance the Hotel’s competitive positioning within the St. Pete Beach market and allow a new owner to benefit from minimal near-term capital requirements.
STRONG IN-PLACE HISTORICAL PERFORMANCE
Supported by its irreplaceable Gulf-front location, the Beachcomber Beach Resort has consistently delivered strong operating results. From 2022 through 2024, prior to the Hotel’s closure for renovations, the Hotel ranked #2 in occupancy within its competitive set. With the benefit of recent renovations, the Property is well positioned to capture higher rates and further strengthen its competitive profile, creating meaningful upside potential for a new owner.
POTENTIAL TO ACTIVATE UNUSED SPACE
Positioned directly on the beachfront adjacent to Jimmy B’s Beach Bar, the Property includes an unused parcel of land that offers a rare opportunity to unlock significant additional revenue. The site’s prime location provides a wide range of potential uses, including the development of an additional guestroom tower to increase key count, a breakfast-focused F&B concept, or introduction of a beachfront grab-and-go concept catering to beachgoers. Smaller-scale activations could also be considered, such as a coffee hut, frozen drink or smoothie stand, or compact retail kiosk. The parcel presents new ownership with a unique opportunity to enhance guest experience and drive incremental revenue.
HIGH VALUE OF LAND
The site offers a compelling opportunity for a future owner to meaningfully increase the property’s key count beyond its existing configuration. Currently underutilized relative to the as-of-right density permitted for hotel or condominium development, the parcel is zoned to allow up to 50 keys per acre for existing and/or small-scale developments and up to 75 keys per acre for large-scale developments, creating significant potential for additional density.
OPTIMAL OFFERING – FEE SIMPLE, UNENCUMBERED BY BRAND AND MANAGEMENT
The Property is offered fee simple and free and clear of existing brand, management, and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.
NO NEW SUPPLY UNDERWAY
The St. Petersburg submarket has no hotels currently under construction. Coupled with high barriers to entry and St. Pete Beach’s resistance to new development, the limited supply environment positions the newly renovated Hotel to capture a significant share of demand for the foreseeable future.
