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

April 9, 2024

Listed

July 14, 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 7/14/2024, 7:04 AM UTC

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