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115 5th Avenue Ne, SAINT PETERSBURG, FL – $3,599,000

  • $3.6M Price
  • 2,778 Sqft
  • .18 Acres
  • 41 DOM
  • $3.6M Price
  • 2,778 Sqft
  • .18 Acres
  • 41 DOM

115 5th Avenue Ne

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".

Essential Information

  • MLS® #T3516956
  • Price$3,599,000
  • Bathrooms0.00
  • Square Footage2,778
  • Acres0.18
  • Year Built1918
  • TypeResidential Income
  • Sub-TypeMulti-Family
  • StatusActive

Community Information

  • Address115 5th Avenue Ne
  • AreaSt Pete
  • SubdivisionBAY SHORE REV
  • CitySAINT PETERSBURG
  • CountyPinellas
  • StateFL
  • Zip Code33701

Amenities

  • ParkingGuest, Off Street, Parking Pad
  • ViewCity
  • Has PoolYes

Interior

  • HeatingCentral
  • CoolingCentral Air

Interior Features

Ceiling Fans(s), Crown Molding, Open Floorplan, Window Treatments

Appliances

Bar Fridge, Dryer, Microwave, Washer

Exterior

  • Exterior FeaturesFence, Garden
  • RoofMetal
  • FoundationCrawlspace

Additional Information

  • Date ListedApril 9th, 2024
  • Days on Market41
  • Taxes$25,816
  • HOA Fees$0

Listing Details

  • OfficeCOMPASS FLORIDA, LLC
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COMPASS FLORIDA, LLC.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 20th, 2024 at 1:20pm EDT.