I stayed at this hotel during a road trip trough Florida and it was for me one of the best hotels we slept in.
There's a very nice atmosphere, feeling more like a family home than a inn, and this is not only because of the deco: The owners offer a free glass of wine / beer in the entrance during the evening, which creates an opportunity to talk with other people staying in the hotel.
The rooms are small, but nicely decorated and clean, the location is very good (walking distance to the pier) and very quiet.
The breakfast is basic: coffee, tea, toast, muffins, orange juice, oatbran, cereals... and i found it to be of higher quality as usual (the orange juice did for once taste like oranges and not like chemicals). It also was served in real tableware, which was a nice change from the polystyrene cups in other hotels of the same price range.
The owners were great, giving us advice and even going the extra mile to ship some items that I had left in the room.
Overall a great and budget place to stay in St Pete.