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108 5TH AVENUE
About This Property
Step inside and be greeted by the warm elegance of 9-inch wide French Oak flooring that extends throughout the bright and airy interiors. The heart of this home is the custom gourmet kitchen, a true entertainer's delight. It features Shaker-style cabinetry with soft-close drawers, quartz countertops, and top-of-the-line Cafe appliances. An oversized island with storage, ideal for entertaining, anchors the kitchen, while the farmhouse sink is perfectly positioned to capture the beautiful emerald water views, transforming every meal into a luxurious experience.
This charming residence boasts four generous bedrooms plus a versatile loft, and two full bathrooms. The upstairs sanctuary includes three bedrooms, a full bath, and a loft space crowned with a cathedral ceiling, offering a private retreat.
Significant enhancements elevate this property to new heights of luxury and convenience. New roof - June 2025, newer water heater, HVAC 2010, Water Heater 2015, vinyl fence, pavers, and more contributing to its exquisite curb appeal and low-maintenance charm.
Your Pass-a-Grille Lifestyle Awaits - Imagine waking up to the soothing sounds of the waves, with the beach less than 200 feet from your doorstep. Spend your days swimming, paddle-boarding, kayaking, or fishing in the warm Gulf waters. Enjoy leisurely walks along the shore, or simply relax in your beach chair, soaking in breathtaking sunsets.
The vibrant Pass-a-Grille lifestyle extends beyond your doorstep. Stroll to Historic 8th Avenue for an array of unique shops, acclaimed dining establishments, and lively community events. Bike to the serene Lazarillo Park or visit the iconic Don CeSar Hotel, a local landmark. For a change of pace, a short drive connects you to Downtown St. Pete's bustling cultural scene, offering five-star dining, world-class museums, and exciting entertainment options.
Don't miss the rare opportunity to own a truly extraordinary piece of Pass-a-Grille's heritage. This unique beach home, brimming with authentic Florida character and perfectly situated in the historic district, invites you to embrace life as it was always meant to be lived. Schedule your private showing today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2026 | Sold | ||
| Sold | |||
| Jun 20, 2026 | In contract | - | |
| In contract | |||
| Apr 4, 2026 | Price Decreased |
$1,689,000
↓ $111K
(6.1%) | |
| Price Decreased | |||
| Nov 15, 2025 | Price Decreased |
$1,799,500
↓ $100K
(5.2%) | |
| Price Decreased | |||
| Jun 27, 2025 | Listed by LPT REALTY, LLC | $1,899,000 | |
| Listed by LPT REALTY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017