$3,599,000 $20,435 est/mo Sourced by Back At You

115 5th Ave NE,SAINT PETERSBURG, FL 33701

SAINT PETERSBURG FL, 33701

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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".

Details

MLS#T3516956
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1918
Days On Site44
Listing Provided ByCOMPASS FLORIDA, LLC | Gregory Margliano

Features

SQ Feet2,778
PoolYes
Units1
Acreage0.18
Property ViewCity

Market Activity 33701

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of May 23, 2024 at 8:08:52 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 6 hours ago
StateFL
CountyPinellas
CitySAINT PETERSBURG
Zip Code33701
Area33701 St Pete
Community NameBAY SHORE REV
Listing VS Median (in BAY SHORE REV)
Price:
$3,599,000
low | high
Med:
$1,149,000
100% of Average
SqFt:
2,778
low | high
Med:
1,932
80.453563714903% of Average
$ / SqFt:
$1,296
low | high
Med:
$595
100% of Average
On Site:
44
low | high
Med:
72.000000
61.111111111111% of Average
Sourced by Back At You
Listing Updated: May 8, 2024 at 9:50:14 AM PDT