{"id":262326,"date":"2026-05-07T18:09:14","date_gmt":"2026-05-07T18:09:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/262326\/"},"modified":"2026-05-07T18:09:14","modified_gmt":"2026-05-07T18:09:14","slug":"the-beachcomber-hotel-and-jimmy-bs-beach-bar-on-st-pete-beach-sell-for-31-5-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/262326\/","title":{"rendered":"The Beachcomber hotel and Jimmy B\u2019s Beach Bar on St. Pete Beach sell for $31.5 million"},"content":{"rendered":"<p class=\"\" style=\"white-space:pre-wrap;\">An iconic waterfront hotel on St. Pete Beach, which has operated for more than 50 years, now has new owners.<\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\"><a href=\"https:\/\/www.beachcomberflorida.com\/?gad_source=1&amp;gad_campaignid=21504426421&amp;gbraid=0AAAAABnpr2EPAGsgSyzCr3EwK-jqci6Yd&amp;gclid=Cj0KCQjw8PDPBhCeARIsAOJwmWXdjnSALii0VUDO2qtZKwAVQ5pPq6b4GrjjGb03UChVbDNN1y2F2UoaAqdJEALw_wcB\" target=\"_blank\" rel=\"nofollow noopener\">The Beachcomber Hotel<\/a>, located at 6200 Gulf Boulevard, has been purchased by South Carolina-based <a href=\"https:\/\/www.otodevelopment.com\/\" target=\"_blank\" rel=\"nofollow noopener\">OTO Development <\/a>for $31.5 million. <\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\">The seller, Miami-based Gencom, acquired the hotel in 2018 for $24 million.<\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\">The 102-room Beachcomber is one of the most recognizable hotels on St. Pete Beach, known for its laid-back \u201cOld Florida\u201d vibe and <a href=\"https:\/\/www.jimmybsbeachbar.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Jimmy B\u2019s Beach Bar<\/a>, a popular live music venue that has become a staple for both tourists and locals. <\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\">OTO Development, a hospitality company that develops, owns, renovates and manages hotels across the United States, has not publicly detailed its long-term plans for the property.<\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\">\u201cThis is an exciting addition to OTO\u2019s growing portfolio in the Tampa-St. Pete market,\u201d said CEO Rob Rain in a press release. \u201cThe Beachcomber complements our nearby properties, positioning us to meet continued demand from the millions of tourists who visit St. Pete Beach each year.\u201d\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"An iconic waterfront hotel on St. Pete Beach, which has operated for more than 50 years, now has&hellip;\n","protected":false},"author":2,"featured_media":262327,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-262326","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/262326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=262326"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/262326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/262327"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=262326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=262326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=262326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}