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 coastal living meets suburban comfort. This vibrant community is perfectly situated in Pinellas County, known for its stunning beaches, delightful parks, and a rich cultural scene that includes art galleries, theaters, and local dining treasures.

Thorntons Add is characterized by its welcoming atmosphere and well-maintained homes, making it an ideal place for families, retirees, and anyone looking to enjoy the Florida lifestyle. One of the standout features of many homes in this subdivision is the true two-car garage, providing ample space for your vehicles, outdoor gear, and additional storage. This practical addition not only enhances convenience but also adds a layer of security and protection for your investments.

As you explore Thorntons Add, you'll find tree-lined streets, friendly neighbors, and a strong sense of community. The subdivision is conveniently located near major roadways, ensuring easy access to downtown St. Petersburg’s bustling shops and restaurants, as well as the stunning Gulf Coast beaches. Whether you're strolling through the nearby parks, enjoying water sports, or simply relaxing in your backyard, this area offers a perfect blend of tranquility and activity.

Discover the charm of Thorntons Add, where your dream home awaits. With its spacious layouts, two-car garages, and prime location, this subdivision is not just a place to live; it’s a lifestyle waiting to be embraced. Come and experience the warmth and vibrancy of St. Petersburg living!

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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