Thorntons Add Homes with 2 Car Garage Garage Description

Thorntons Add Homes with 2 Car Garage Garage Description

Welcome to Thorntons Add, a charming subdivision nestled in the heart of St. Petersburg, Florida, where community spirit and coastal living blend seamlessly. This delightful neighborhood is situated in Pinellas County, known for its stunning beaches, vibrant arts scene, and year-round sunshine. Here, residents enjoy the perfect balance of tranquility and accessibility, with easy access to downtown St. Petersburg's shopping, dining, and entertainment options.

Thorntons Add boasts a variety of homes designed to cater to modern lifestyles, including those featuring a coveted two-car garage. These true two-car garages not only provide ample space for vehicles but also offer additional storage solutions for all your outdoor gear and recreational equipment. Imagine the convenience of having your cars protected from the Florida sun while also having room for bicycles, tools, or even a workshop area!

The homes in Thorntons Add are characterized by their inviting curb appeal and thoughtful layouts, perfect for families, first-time buyers, or anyone looking to embrace the St. Petersburg lifestyle. With tree-lined streets and friendly neighbors, this subdivision fosters a warm community atmosphere that makes you feel right at home.

Living in Thorntons Add means you’re just a short drive away from the stunning Gulf Coast beaches, local parks, and cultural attractions that St. Petersburg has to offer. Whether you’re exploring the vibrant waterfront or enjoying a quiet evening in your backyard, Thorntons Add provides the perfect backdrop for a fulfilling life in sunny Florida. Come discover your next home in this lovely community!

Newest Thorntons Add Homes with 2 Car Garage Garage Description

$1,320,000
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 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.

335 5th Avenue N, St Petersburg

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