$2,200,000 for Sale
809 & 809 1/2 4th avenue, st petersburg, FL 33701
| Beds 0 | Baths 0 | 3,289 Sqft | 0.14 Acres |
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Property Description
Come check out this incredible investment opportunity! This thriving property operates as a cash-generating Airbnb with seven units, offering both long-term and short-term rental income. Unit #5 is leased as a long-term rental until May 2025, bringing in $2,100 per month. The remaining units are set up for Airbnb, with no rental restrictions and a 3-night minimum stay, licensed by the State of Florida as a Hotel and Restaurant License and City of St Pete. The property includes two laundry rooms: one for guest and tenant use, with coin-operated machines, and another dedicated to the cleaning service. Bookings are managed directly by the owner, who is just booking with Airbnb and limits reservations to six months in advance. The building has smart locks, internet network, small office with storage room to make easy access to cleaning crew to turnover the units. and security cameras in the foyer and halls provide peace of mind, while a professional cleaning service handles turnover. Units are completely furnished. Our Reviews are a 5 rating on location, cleaning and managing the property. Recent updates include upgraded electrical, plumbing, and a new roof (2017). This hassle-free investment offers significant income potential in an amazing location near vibrant Downtown St. Pete, recognized as one of the top dining destinations in the U. S. Enjoy proximity to the newly developed St. Pete Pier, as well as scenic bike and walking trails. With no rental restrictions, all furnishings included, and located in a NO FLOOD zone, this property is truly a turnkey investment. Plus, there’s plenty of private parking available for guests!
General Information
Sale Price: $2,200,000
Price/SqFt: $669
Status: Active
MLS#: T3551172
City: st petersburg
Post Office: st petersburg
County: Pinellas
Subdivision: mitchells sub of moffetts
Acres: 0.14
Lot Dimensions: 44 x 134
Bedrooms:0
Bathrooms:0
House Size: 3,289 sq.ft.
Acreage: 0.14 est.
Year Built: 1925
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Wood Frame
Exterior Misc: Lighting, Private Mailbox
Basement: No
Foundation : Crawlspace
Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Electric, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $8,315
Legal Description: MITCHELL'S SUB OF MOFFETT'S LOT 5
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: Sylvia Haddad of REDFIN CORPORATION, Phone: 617-458-2883
