220 5TH AVENUE N
St. Petersburg, Florida 33701 United States

$1,650,000
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9.2% cap rate. Fully stabilized 23-Room multi-family income producing rental property. Located in desired downtown St. Petersburg, FL just blocks from waterfront Beach Drive with frontage on 5th Ave N. Renovated in 2013, the property consists of:...
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$1,650,000
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Price / Sq. Ft.:
$198 /
8,316 Sq Ft.
Interior
.13 Acres
Exterior
Commercial
1923
Year Built
U7820607
Web Id
U7820607
MLS ID
Pinellas County School District
School District
175
days ago

About 220 5TH AVENUE N

9.2% cap rate. Fully stabilized 23-Room multi-family income producing rental property. Located in desired downtown St. Petersburg, FL just blocks from waterfront Beach Drive with frontage on 5th Ave N. Renovated in 2013, the property consists of: 14 - 1 bedrooms with shared bathrooms (1 bathroom per 2 rooms); 8 - 1 Bed/1 Bath; 1 - 1 Bedroom apartment; common area kitchen, dining room, multi-purpose room and manager' s office. Additionally, the property has an active hotel/motel license which allows the conversion to a AirBNB seamlessly.

Source : MFRMLS

Listing Courtesy of Ocean Life Realty Inc

IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

PROPERTY INFORMATION

Cooling
Wall Units/Window
Location
Activity Core/Center, In City Limits

EXTERIOR

Construction
Concrete Block

St. Petersburg, Florida 33701 United States is a  for Sale for $1,650,000 USD. Was built in 1923, has 8,316 Sq.Ft.  on a lot of .13 Acres ( m2) and it's composed from .