The location is perfect and is fairly well equipped for most travelers. Ideally suitable for at most 2 people, maybe a third but not more.
Lastly, to anyone visiting Florence for the first time, it is important to note that Florence is an amazing city but the address system might seem confusing to a few people.
You can have the same numbered address on the same street (#1 Red and #1 Black for example) and the street numbers follow a random order; not sequential .
Do not let this deter you from staying in Florence, just be sure to clear this up with your host prior to arriving - all the best and happy travels to you!