Address
115 5th AVENUE NE, SAINT PETERSBURG, FL
Price
$ 3,599,000
Property Attributes
  • MLS#T3516956
  • TypeIncome
  • CountyPINELLAS
  • CitySAINT PETERSBURG
  • AreaSt Pete
  • NeighborhoodBay Shore Rev
  • Zip33701
  • StyleMulti Family
  • Year Built1918
  • Taxes$ 25816
  • Price$ 3,599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2778
  • Lot Size0.18 Acres
Data Source:
Stellar MLS
Property 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".

Price History
4/9/2024 Listed $3,599,000

General Features

Interior Features Ceiling Fan(s),Crown Molding,Open Floorplan,Window Treatments
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected
Roof Metal
Appliances Bar Fridge,Dryer,Microwave,Washer
Exterior Features Fenced,Garden
Patio/Porch Features Covered,Front Porch,Patio
Pool Features Deck,In Ground
Construction Materials Stucco,Wood Frame,Wood Siding
Year Built 1918
View City
Levels Three Or More
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name BAY SHORE REV
Garage Y/N No
Status Active
Directions Located in Historic Old Northeast,from Beach Drive NE turn West on 5th Ave NE (a one way street) to address.
City SAINT PETERSBURG
Buyer Agent Compensation 2.5%-$395
Senior Community Y/N No
Total Units 1
MLS Area 33701 - St Pete
Lot Size Square Feet 7636
Private Pool Yes
Waterfront Y/N No
Carport Y/N No
Street Name 5th
Listing Terms Cash,Conventional
Spa Features In Ground
Tax Annual Amount 25816
Public Remarks 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 easil
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3516956
Days on Market 29
Standard Status Active
Tax Lot 9
Legal Description BAY SHORE REV BLK 9,LOT 9
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Hardwood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Inside
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Parking Features Guest,Off Street,Parking Pad
Water Source Public
Lot Size Area 7636
Foundation Details Crawlspace
Number of Buildings 1
Spa Yes
Building Area Total 3162
Lot Size Acres 0.18
Road Surface Type Paved
Lot Size Units Square Feet
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33701

Price
AVG $1.3M
$3.6M
Taxes
AVG $12,103
$25,816
Visits
AVG 250
600
Data Provided by Inside Real Estate®
Year Built
AVG 1932
1918