Thorntons Add Homes with Outdoor Grill Exterior Features

Thorntons Add Homes with Outdoor Grill Exterior Features

Welcome to Thorntons Add, a hidden gem nestled in the heart of St. Petersburg, Florida. This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and anyone seeking a vibrant community atmosphere. With its tree-lined streets and friendly neighbors, Thorntons Add radiates warmth and charm, inviting you to make it your home.

The homes in Thorntons Add are designed with outdoor living in mind, featuring stunning exterior spaces that truly enhance the Florida lifestyle. Many residences boast outdoor grills, perfect for hosting summer barbecues or enjoying a quiet evening under the stars. Picture yourself grilling fresh seafood from the local markets while friends and family gather around, creating memories that will last a lifetime.

St. Petersburg is renowned for its beautiful beaches, cultural attractions, and a thriving arts scene, all just a short drive away from Thorntons Add. Enjoy the convenience of nearby parks, shopping, and dining options, ensuring that everything you need is within reach. Whether you're exploring the vibrant downtown area or taking a leisurely stroll along the waterfront, you'll find that living in Thorntons Add offers the best of both worlds.

If you're looking for a community that combines the charm of suburban living with the excitement of city life, look no further than Thorntons Add. Discover your dream home today and embrace the outdoor lifestyle that awaits you in sunny St. Petersburg!

Newest Thorntons Add Homes with Outdoor Grill Exterior Features

$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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