115 5th Ave Ne

SAINT PETERSBURG, FL 33701

About this property

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".

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$3,599,000 Active
2,778 SQFT

Presented By Pink Door Management

Agent Image
Get in touch today! Phone: 1-352-404-8960
Brokerage
COMPASS FLORIDA, LLC
1-813-355-0744
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

33701 St Pete | Pinellas County | BAY SHORE REV

$ 3,599,000
This listing is play_arrow 213.2% higher than the average in the area
$ 1,149,000 in the area
2,778 SqFt
This listing is play_arrow 43.8% larger than the average in the area
1,932 SqFt in the area
$ 1,296 $/SqFt
This listing is play_arrow 117.8% more than the average in the area
$ 595 $/SqFt in the area
40 days on site
This listing is play_arrow 41.2% below the average in the area
68 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Gregory Margliano
Brokerage: COMPASS FLORIDA, LLC

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Pink Door Management

Real Estate Links Our Domains