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115 5TH AVENUE NE

Multi-family For Sale
$3,599,000

BTC: 53.51123825

ETH: 1,154.20632681

38 days
0 room(s)
2,778 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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".

Location

Facts and features

Type:
Residential Income
Parking:
Guest / Off Street / Parking Pad
Year Built:
1918
Lot:
0.18 Acres
Heating:
Central
Price/sqft:
$1,296
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Bar Fridge

    • Dryer

    • Microwave

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Crown Molding

    • Open Floorplan

    • Window Treatments

  • Parking

    • Guest

    • Off Street

    • Parking Pad

    Property

    • Levels: Three Or More

    • Pool Private: Yes

    • Exterior Features: Fenced / Garden

    Lot

    • Lot: 0.18 Acres

    Other Property Information

    • Parcel Number: 173117048420090090

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $25,816

  • Source details

    • MLS ID: T3516956

    Other facts

    • Construction Materials: Stucco / Wood Frame / Wood Siding

    • Foundation Details: Crawlspace

    • Laundry Features: Inside

    • Patio And Porch Features: Covered / Front Porch / Patio

    • Pool Features: Deck / In Ground

    • Living Area: 2778

    • Water Source: Public

    • Subdivision Name: BAY SHORE REV

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COMPASS FLORIDA, LLC