Greg Margliano
This listing was posted on RealtyWW.
$3,599,000
Home For Sale In Saint Petersburg, Florida
Price:
$3,599,000
BR/BA:
8 BR, 8 BA
Location:
115 5th Ave Ne, Saint Petersburg, FL
Description:
CASH COW Boutique Hotel in TOP location in Downtown St Pete only 1 block off Beach Drive. Offering an 8.4% 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.For more details: https://realtyww.info/homes_saint-petersburg-d523366/for-sale_i70501906
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