220 5th Ave N Saint Petersburg, FL 33701

Status: Active
Last Change Type: Price Increase
Price: $1,650,000
Sq. Ft.: 8316
Built: 1923
MLS: U7820607
Days On the Market: 182

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.

Water Access: No
Water Extras: No
Water Frontage: No
Water View: No
Flood Zone Code: X (No Flood insurance required)
Fireplace: No
Air Conditioning: Wall Units/window
Exterior Construction: Concrete Block
Lot Size Acres: 0.13
Lot Size Sq.Ft. 5523
Homestead: No
Taxes: $8573
County: Pinellas
Legal Description: Rev Map Of St Petersburg Blk 4, W 45ft Of Lot 3
Legal Subdivision Name:
Location: Activity Core/center, In City Limits
Driving Directions: 5th Avenue North Just West Of 2nd Street Downtown St Petersburg
Unit Number:
Community Features:
Condo Fee: $ + $ + $ / monthly
Age Restriction: No Restrictions
Building Floors:
Building Name:
Maintenance Includes:
Pets Allowed:  
Utilities: City Water
Listed by Ocean Life Realty Inc

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