Fantastic and convenient location, near to a Conad convenience store which supplies all the amenities at a reasonable price as well as being a 5 min walk away from Palazzo Vecchio and 10 mins away from Ponte Vecchio.
The only issue would be the sound levels coming from upstairs apartments, which can become annoying during the evening. Aside from that, I would recommend this as a decent apartment for a group of holiday makers to use as a base whilst they travel the city and country side.