115 5th AVENUE NE Saint Petersburg, FL $ 3,599,000
115 5th AVENUE NE
$ 3,599,000
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115 5th AVENUE NE

Saint Petersburg, FL, 33701
$ 3,599,000
Baths0.0 Sq 2,778

Monthly Estimate*

$ 25,140

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View a Virtual Tour
Studio

Multi-Family Home for sale in Saint Petersburg, FL

for $3,599,000. This 2,778 square foot home was built in 1918 on a lot size of 0.18.

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".

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Multi-Family Active

Price

$ 3,599,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 25,816

Style

Multi Family

Lot Size

0.18

Year Built

1918

Town/City

Saint Petersburg

County/Region

Pinellas

MLS | Web ID

T3516956

Features
General
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
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Interior
Flooring Hardwood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Inside
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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Exterior
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
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* Excluded Features
List By
Compass Florida, Llc

Broker

greg.margliano@compass.com

Email

Affordability Calculator

$27,291
Per Month
92%
8%
0%
Monthly Principal & Interest
$25,140
Monthly Property Taxes
$2,151
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$3,599,000 Listed Price

Map


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115 5th AVENUE NE, Saint Petersburg, FL, 33701 is a Multi-Family Home for sale at $3,599,000 with 2,778 sqft and a lot size of 0.18. 115 5th AVENUE NE is a studio with 0.0 baths and was built in 1918. The property's zip code is 33701 which is in Saint Petersburg, FL