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Welcome to 5572 100th Way N, St. Petersburg, FL, a beautifully renovated, 3-bedroom, 2-bathroom home with a 1-car garage, screened in patio, proven Airbnb income potential, and unbeatable location in unincorporated St. Pete where short-term rentals are allowed. This turnkey investment property is currently operating as a successful Airbnb and is ready for immediate income production or full-time Florida living. From the moment you arrive, you’ll appreciate the extensive upgrades and modern improvements throughout. This move-in ready St. Petersburg home features timeless terrazzo flooring, updated plumbing, crown molding, new baseboards, and stylish furnishings included with the sale. The open and inviting layout creates the perfect blend of comfort, functionality, and Florida charm. Major updates include a 2023 metal roof, 2023 AC system, new double-pane windows, hurricane impact front and side doors, new water heater, and a new sprinkler system utilizing well water. Energy-efficient solar panels will be paid in full at closing, helping keep electric costs low at approximately $40/month. Step outside into your private backyard oasis featuring a relaxing hot tub and fire pit area, ideal for entertaining guests, vacationers, or enjoying peaceful Florida evenings. Whether you’re seeking a primary residence, second home, or high-performing short-term rental investment, this property checks every box. Located in a desirable NON-flood zone, this home offers peace of mind while being just minutes from world-famous Gulf beaches, top-rated restaurants, shopping, bars, entertainment, downtown St. Petersburg, and Tampa Bay attractions. Its prime location makes it highly desirable for Airbnb guests and vacation renters year-round. Opportunities like this are rare: a fully renovated, and income-producing Airbnb property in unincorporated St. Petersburg with no flood insurance required. Schedule your private showing today and start generating income from day one.
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Our Executive Mortgage Banker:
Our Insurance Division:
$494,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $395,200 | $395,200 | $395,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $488 | $488 | $488 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,401 | $2,495 | $3,282 |
| Total Monthly Payment | $2,964 | $3,058 | $3,845 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.