{"id":266809,"date":"2026-05-11T16:51:11","date_gmt":"2026-05-11T16:51:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/266809\/"},"modified":"2026-05-11T16:51:11","modified_gmt":"2026-05-11T16:51:11","slug":"st-pete-beach-resort-trades-for-31-5m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/266809\/","title":{"rendered":"St. Pete Beach Resort Trades for $31.5M"},"content":{"rendered":"<p>OTO Development paid $31.5 for a St. Petersburg resort that was recently renovated due to hurricane damage. The 102-key Beachcomber Beach Resort reopened Oct. 30\u00a0after a year\u2019s worth of repairs. <a href=\"https:\/\/www.bizjournals.com\/tampabay\/news\/2026\/05\/07\/beachcomber-sold-to-oto-development.html?cx_testId=40&amp;cx_testVariant=cx_44&amp;cx_artPos=4#cxrecs_s\" rel=\"nofollow noopener\" target=\"_blank\">The Tampa Bay Business Journal <\/a>reports Gencom, the seller,\u00a0bought the hotel in 2018\u00a0for $24 million.<\/p>\n<p>Hodges Ward Elliott brokered the sale of the resort. Preston Reid, Rudy Reudelhuber and Celina Nowicki represented the seller.<\/p>\n<p>The resort sits on more than 6 acres and includes 2,100 square feet of meeting space. Amenities include two outdoor pools, direct beach access and the iconic Jimmy B\u2019s Beach Bar.<\/p>\n<p>OTO Development owns and operates four hotels in the Tampa Bay region, totaling 579 keys: AC Hotel St. Petersburg, Hampton Inn &amp; Suites Ybor City, DoubleTree North Redington Beach and Hilton Garden Inn St. Pete Beach, which is adjacent to The Beachcomber.<\/p>\n<p>The Beachcomber, at 6200 Gulf Blvd., was built in 1956 and was renovated after its 2018 purchase and then again after the 2024 hurricane.<\/p>\n","protected":false},"excerpt":{"rendered":"OTO Development paid $31.5 for a St. Petersburg resort that was recently renovated due to hurricane damage. The&hellip;\n","protected":false},"author":2,"featured_media":266810,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-266809","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\/266809","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=266809"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/266809\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/266810"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=266809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=266809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=266809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}