CASH COW Boutique Hotel in TOP location in Downtown St Pete only 1 block off Beach Drive. Offering an 8.4% CAP, this property is super easy to manage and is run like an Airbnb and can be managed easily from your cell phone. The hotel features 8 beautifully remodeled and furnished suites, a gorgeous new pool and spa, a small gym, 6 parking spaces, and several private, tropical outdoor seating areas for your guests to enjoy. This property is fully licensed for 8 rooms and has been painstakingly remodeled from the studs up including: all new plumbing, new electrical, full indoor fire sprinklers, new roof, a common area kitchen, and furnished with every detail in mind including the monogrammed linens. If you’re looking for a turn-key investment with an excellent ROI then look no further! No flood insurance required as located in Flood Zone “X”.
Property Details
Price:
$3,599,000
MLS #:
T3516956
Status:
Active
Beds:
0
Baths:
0
Address:
115 5TH AVENUE NE
Type:
Multi Family
Subdivision:
BAY SHORE REV
City:
SAINT PETERSBURG
Listed Date:
Apr 9, 2024
State:
FL
Finished Sq Ft:
2,778
ZIP:
33701
Lot Size:
7,636 sqft / 0.18 acres (approx)
Year Built:
1918
Units:
1
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
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Schools
Interior
Appliances
Bar Fridge, Dryer, Microwave, Washer
Cooling
Central Air
Flooring
Hardwood
Heating
Central
Laundry Features
Inside
Exterior
Construction Materials
Stucco, Wood Frame, Wood Siding
Exterior Features
Fenced, Garden
Parking Features
Guest, Off Street, Parking Pad
Roof
Metal
Financial
Buyer Agent Compensation
2.5%-$395%
Tax Year
2023
Taxes
$25,816
Map
Community
- Address115 5TH AVENUE NE SAINT PETERSBURG FL
- CitySAINT PETERSBURG
- CountyPinellas
- Zip Code33701
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Courtesy of COMPASS FLORIDA, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 115 5TH AVENUE NE
SAINT PETERSBURG, FL
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