Active
115 5TH AVE NE
SAINT PETERSBURG FL, 33701
$3,599,000
$1,295.54 per sqft
Active
2,778 sqft
Multi-family
Built in 1918
CASH COW Boutique Hotel in TOP location in Downtown St Pete only 1 block off Beach Drive. Offering an 7.5% 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".
T3516956
MLSⓇ ID
March 27, 2024
Listed
May 9, 2024
Updated
Map
115 5TH AVE NE
SAINT PETERSBURG FL, 33701
Interior Features
Total Stories
3
Interior Features
Ceiling Fans(s), Crown Molding, Open Floorplan, Window Treatments
Appliances
Bar Fridge, Dryer, Microwave, Washer
Laundry Description
Inside
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.18 Acres
Exterior Features
Fence, Garden
Roof
Metal
Sewer
Public Sewer
Other Property Details
Area Name
33701 - St Pete
Taxes
$25,816
Tax Frequency
Annually
Days on Market
29
Garage
No
Parking
Guest, Off Street, Parking Pad
View
Yes
View Description
City
County
Pinellas
Municipality
31
Water Source
Public
Pool
Yes
Pool Features
Deck, In Ground
Buyer Agency Compensation
2.5%-$395
Listed by COMPASS FLORIDA, LLC
Listing Contact: 212-913-9058
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Data last updated 5/9/2024, 6:26 AM UTC
