809 & 809 1/2 4TH AVENUE N

St Petersburg, FL 33701
$2,200,000
3889 sqft | 0.14 acres | #T3551172

Description

Come check out this incredible investment opportunity! This thriving property operates as a cash-generating Airbnb with seven units, offering both long-term and short-term rental income. Unit #5 is leased as a long-term rental until May 2025, bringing in $2,100 per month. The remaining units are set up for Airbnb, with no rental restrictions and a 3-night minimum stay, licensed by the State of Florida as a Hotel and Restaurant License and City of St Pete. The property includes two laundry rooms: one for guest and tenant use, with coin-operated machines, and another dedicated to the cleaning service. Bookings are managed directly by the owner, who is just booking with Airbnb and limits reservations to six months in advance. The building has smart locks, internet network, small office with storage room to make easy access to cleaning crew to turnover the units. and security cameras in the foyer and halls provide peace of mind, while a professional cleaning service handles turnover. Units are completely furnished. Our Reviews are a 5 rating on location, cleaning and managing the property. Recent updates include upgraded electrical, plumbing, and a new roof (2017).This hassle-free investment offers significant income potential in an amazing location near vibrant Downtown St. Pete, recognized as one of the top dining destinations in the U. S. Enjoy proximity to the newly developed St. Pete Pier, as well as scenic bike and walking trails. With no rental restrictions, all furnishings included, and located in a NO FLOOD zone, this property is truly a turnkey investment. Plus, there’s plenty of private parking available for guests!
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  • Interior Details
    • Interior Features
      • Interior:Ceiling Fans(s), Split Bedroom
  • Property Details
    • Property
      • View:City
      • Lot description:City Limits, Near Public Transit
      • Exterior materials:Lighting, Private Mailbox
    • Measurements
      • Acres:0.14
      • Square Feet:3889
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1925
    • Material information
      • Foundation:Crawlspace
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:MITCHELLS SUB OF MOFFETTS
    • Location
      • County:Pinellas
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 200, 000
      • Days on Market (Cumulative):21
      • Taxes annual:$8, 315
  • Other
    • Source
      • MLS #:T3551172

Location

Patricio R. MosqueraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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