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400 34th St N
Saint Petersburg, FL 33713
Palm Hotel · Hospitality Property For Sale
·
31,000 SF
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1959 |
| Building Class | C | Parking Ratio | 4.6/1,000 SF |
| Lot Size | 0.90 AC | Corridor | Exterior |
| Building Size | 31,000 SF | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 31,000 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 4.6/1,000 SF |
| Corridor | Exterior |
| Zoning | C |
Amenities
- Restaurant
About 400 34TH ST N , SAINT PETERSBURG, FL 33713
Who loves easy Money without the headache of the Hotel, he will love this property, go play golf, enjoy life and enjoy the green cash, such a great property on great location with a large future after the too many great brand new projects building in their way to be done then you talk what you got, all rentals weekly almost permanent tenants, paying you on time, don't worry about high season or low season, you sold out, stability, of the income with peace of mind, makes this property a unique Hotel, the tenants take care of the Rooms, mostly NO services needed, 65 units, weekly rent an average $205/week/Room. With today market, hard to find the property with Cap Rate 16.7%. people talking about cap rate 5 to 9 nationwide, we are talking about cap rate 16.7%. So easy to get there where ever you are in US 19, go directly to the Address, North to Central Ave.
Property Taxes
| Parcel Number | 22-31-16-68742-000-0010 | Improvements Assessment | $1,575,205 |
| Land Assessment | $924,795 | Total Assessment | $2,500,000 |
Property Taxes
