Thorntons Add Homes with 2 Car Garage Garage Description

Thorntons Add Homes with 2 Car Garage Garage Description

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

Homes in Thorntons Add are designed to cater to modern living, featuring spacious layouts that often include the coveted 2-car garage. This true garage space not only provides ample room for your vehicles but also serves as a versatile area for storage, hobbies, or even a home gym. Imagine the convenience of having everything you need right at your fingertips!

The neighborhood boasts a welcoming atmosphere with tree-lined streets and friendly neighbors. Residents enjoy easy access to local parks, schools, and shopping centers, ensuring that everything you need is just a stone’s throw away. St. Petersburg is renowned for its stunning waterfront views, cultural attractions, and vibrant arts scene, making it a fantastic place to call home.

Whether you’re looking for a quiet retreat or a lively community, Thorntons Add offers the best of both worlds. With its prime location and thoughtfully designed homes, it’s no wonder that this subdivision is becoming a sought-after destination in the Sunshine State. Come discover the charm of Thorntons Add and see why so many are choosing to make this delightful community their forever home!

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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