115 5th Avenue NE

Saint Petersburg, FL 33701

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".

Listing courtesy of COMPASS FLORIDA, LLC 212-913-9058



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-05-16 05:35 PM EDT