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For Sale

115 5TH AVE NE

115 5TH AVE NE, SAINT PETERSBURG, FL 33701

$3,599,000
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".

2,778 Sq.Ft. LIVING AREA

7,636 Sq.Ft. lot

Features & Amenities

Interior

  • Laundry room Inside
  • Flooring Wood
  • APPLIANCES Bar Fridge, Dryer, Microwave, Washer
  • other interior Features Ceiling Fans(s), Crown Molding, Open Floorplan, Window Treatments

Area & Lot

  • Status For Sale
  • Living Area2,778 Sq.Ft.
  • Lot Area7,636 Sq.Ft.
  • MLS® IDT3516956
  • TypeMulti-Family
  • YEAR BUILT1918
  • View DescriptionCity

Exterior

  • STORIES3
  • water SourcePublic
  • utilitiesElectricity Connected
  • PoolDeck, In Ground
  • roofMetal
  • parkingGuest, Off Street, Parking Pad
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureCrawlspace
  • other exterior FeaturesFence, Garden

Financial

  • Sales Price$3,599,000
  • Real Estate Tax $25,816/yr
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We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 115 5TH AVE NE, SAINT PETERSBURG, FL 33701. We are reviewing your request and will be in touch shortly!

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