115 5TH AVENUE NE SAINT PETERSBURG FL 33701 MLS #T3516956

115 5TH AVENUE NE
SAINT PETERSBURG, FL, 33701
$3,599,000
Beds
0 Baths
2,778 SqFt
0.18 Acres
$3,599,000
115 5TH AVENUE NE
SAINT PETERSBURG, FL, 33701
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

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
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Map

115 5TH AVENUE NE
SAINT PETERSBURG, FL