The place is great for couples or solo travelers. Very close to the Market and S.Ambrogio area where you can find many nice restaurants and cafès (try Caffè Cibrèo for a delicious breakfast or for an afternoon break). It takes 15-30 minutes on foot to reach every main point of interest (Duomo is just 15 minutes away).
Just a side note, be aware that the bathroom is tiny and it has a low ceiling, so if you're taller that 190cm it could be difficult to take a shower. But let's be honest, you're not traveling to Florence for the showering experience, right? :)
Well worth the money, I'll definitely book it again!