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!