$3,599,000 ($1,295.54 per sqft)

Est. Mortgage $19,155/mo *

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115 5th AVENUE NE, St. Petersburg, FL, 33701

115 5th AVENUE NE, St. Petersburg, FL, 33701
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0 beds

1918

2,778 sqft

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".

Status:

Active

Type:

Multi-family

Laundry Remarks:

Inside

Units:

1

Subdivision:

BAY SHORE REV

Garage:

Guest, Off Street, Parking Pad

Heating:

Central

Cooling:

Central Air

Acreage:

0.18

Est. Taxes:

$25,816

Construction

Stucco, Wood Frame, Wood Siding

Utilities

Electricity Connected

View Description:

City

Days on Market:

29

Appliances:

Bar Fridge, Dryer, Microwave, Washer

Pool:

Deck, In Ground

MLS #:

T3516956

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of COMPASS FLORIDA, LLC Phone: 813-355-0744