Thorntons Add Homes with 2 Car Garage Garage Description

Thorntons Add Homes with 2 Car Garage Garage Description

Welcome to Thorntons Add, a delightful subdivision nestled in the heart of St. Petersburg, Florida, within the vibrant Pinellas County. This charming community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families and professionals alike.

Thorntons Add boasts a variety of homes designed to meet the needs of modern living, with many properties featuring the coveted two-car garage. These spacious garages not only provide ample room for your vehicles but also offer additional storage space for recreational gear, tools, and more. Imagine the ease of parking your cars securely while having the flexibility to transform the garage into a workshop or a hobby area!

The neighborhood is characterized by its friendly atmosphere, tree-lined streets, and well-maintained properties, making it a welcoming place to call home. Residents enjoy the proximity to local parks, schools, and shopping centers, ensuring that everyday conveniences are just a stone's throw away. The beautiful beaches of St. Petersburg are also within easy reach, allowing for spontaneous weekend getaways to soak up the sun and enjoy the stunning Gulf Coast.

Whether you’re a first-time homebuyer or looking to settle down in a community that feels like family, Thorntons Add offers a unique opportunity to experience the best of St. Petersburg living. With homes featuring true two-car garages, you’ll find the perfect blend of comfort, convenience, and charm in this inviting neighborhood. Come explore Thorntons Add and discover your dream home today!

Newest Thorntons Add Homes with 2 Car Garage Garage Description

$1,490,000
9 Beds 7 Baths Thorntons Add SubDv. 33701 Zip Code
The 7-Unit 335 On Fifth Avenue is located three blocks to St Petersburg’s Beach Drive and waterfront parks making it an ideal permanent residence or short-term stay accommodation. Whether a year-round resident or visitor to Tampa / St Pete, tenants and guests are just four blocks to the iconic “Beach Drive Scene”. Situated in the heart of downtown and bordering the leafy redbrick avenues and stately homes of exquisite Historic Old Northeast, Beach Drive is the de facto hub for an expansive variety of popular fine dining and entertainment, sophisticated nightlife, chic galleries, superb people watching, and expansive waterfront parks. Nearby waterfront Vinoy Park on Tampa Bay offers acres of lush green space, a sports and aquatic complex, fitness trails, a dog park, and beach volleyball. The city’s multitude of attractions include the New St. Pete Pier, Watch Discovery Center and Museum of History, to name a few. With typically more than 360 days of sunshine each year, plenty of trails to explore, and a work-life balance that happens to include beach days, it's no wonder the city of St. Petersburg was named the best place to live in Florida according Livability. In addition to its long-standing record for consecutive days of sunshine, among the city’s most prized amenities is its natural beauty with more than 200 miles of shoreline along Tampa Bay to the Gulf, Boca Ciega Bay and intercoastal waterways. Throughout the year there are more than 1,000 special events and festivals ranging from yachting, farmers markets, music festivals, sporting events, concerts and a variety of cultural venues. The 335 On Fifth Avenue is currently operated with four traditional 12-month lease units. Three units are offered on a short-term basis with typical duration of three- to four-night stays. Based on the projected year-one stabilized income and Buyer’s projected year-one expenses, which do reflect the Appraiser’s estimated Real Estate Tax increase and include normal and customary property management fees, the $1,490,00 Offer Price represents approximately a 12% Cap Rate. Without adjusting for the pro-forma income increase, yet still applying the Buyer’s projected year-one expense increases, the Cap Rate is approximately 7.2%. The 335 On Fifth Avenue is ideally suited for discerning investors seeking to establish a foothold in dynamic downtown St Petersburg. Investors interested in acquiring a high-quality, turnkey, generational family asset to satisfy a pending 1031 Exchange, or expand and enhance a portfolio of high-quality real estate investments will want to tour and be compelled to acquire 335 On Fifth Avenue. Please contact the Listing Agent for financial details, additional information regarding the Property and Offering, and to schedule a tour of the Property.

335 5th Avenue N, St Petersburg

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