Matthew Joseph & Jed Tarr Of Coastal Hospitality Group Acquire Hotel In North Redington Beach For $6.5M

The property involved in this transaction is a hotel located at 17103 Gulf Boulevard in North Redington Beach. The asset has a total square footage of 24,700 and includes 32 keys, with a price per key of $203,125 and a price per square foot of $263. The sale price of the hotel was $6,500,000.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $6,500,000
• Buyer: Matthew Joseph & Jed Tarr - Coastal Hospitality Group
• Seller: Kelli Musial
• Keys: 32
• Square Footage: 24,700
• Price per Key: $203,125
• Price per Square Foot: $263
• Date of Transaction: 06/15/2026
• Market: North Redington Beach

The buyers, Matthew Joseph and Jed Tarr, are associated with Coastal Hospitality Group, a vertically integrated real estate investment firm. This firm focuses on the acquisition, development, and management of independent hotels and luxury RV experiences in leisure markets across the US. Since its establishment in 2012, Coastal Hospitality Group has specialized in value creation and strong risk-adjusted returns, owning and operating 14 hotels as an industry-leading owner and operator.