$3,599,000 for Sale
115 5th avenue, saint petersburg, FL 33701
| Beds 0 | Baths 0 | 2,778 Sqft | 0.18 Acres |
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Property Description
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".
General Information
Sale Price: $3,599,000
Price/SqFt: $1,296
Status: Active
MLS#: T3516956
City: saint petersburg
Post Office: saint petersburg
County: Pinellas
Subdivision: bay shore rev
Acres: 0.18
Bedrooms:0
Bathrooms:0
House Size: 2,778 sq.ft.
Acreage: 0.18 est.
Year Built: 1918
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Stucco, Wood Frame, Wood Siding
Exterior Misc: Fenced, Garden
Pool: Yes
Pool Description: Deck, In Ground
Basement: No
Foundation : Crawlspace
Appliances: Bar Fridge, Dryer, Microwave, Washer
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $25,816
Legal Description: BAY SHORE REV BLK 9, LOT 9
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Gregory Margliano of COMPASS FLORIDA, LLC, Phone: 813-355-0744
