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601 71st Avenue, ST PETE BEACH, FL 33706
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601 71st Avenue
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Would you like to sell your home before you purchase this one?
Priced at Only: $3,850,000
For more Information Call:
Address: 601 71st Avenue, ST PETE BEACH, FL 33706
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Virtual Tour
Reduced
More Like This
  • MLS#: U8254968 ( Commercial Sale )
  • Street Address: 601 71st Avenue
  • Viewed: 87
  • Price: $3,850,000
  • Price sqft: $552
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 6976
  • Days On Market: 323
  • Additional Information
  • Geolocation: 27.7389 / -82.7515
  • County: PINELLAS
  • City: ST PETE BEACH
  • Zipcode: 33706
  • Subdivision: St Petersburg Beach Rep
  • Provided by: MURPHY REALTY
  • mfrmls
  • DMCA Notice
  • Description
    WOW STOP THE CAR!!!! Come see The Lofts at St Pete Beach where Key West comes to life. This 12 room Inn comes with a short term rental license and sets the standard for the beach. This is not a remodel it is more of a new build and labor of love. To understand the details taken to do this project you will need to experience the property first hand. The upstairs is all new construction of the highest quality and downstairs is a complete renovation. The kitchens all have white shaker style cabinets and quartz countertops. All new construction and up to current codes including a new fire alarm and sprinkler systems, Come see more details on the website Theloftsatstpetebeach.com. Professionally decorated in the fun funky Key West theme for the most discerning traveler. Everything is in place website/booking software, billiing software, cleaning team etc... for the new owners to take over and starting making money. The first 12 months open has produced over a 550k in revenue with a 10 percent cap rate and 5 star reviews coming in over all sites. Just a short 5 minuite walk to the beach and many local spots on the number 1st beach voted on by Trip Advisor the location can not be beat. No expense has been spared on this transformation come see it today and you will agree
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 6976.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ductless
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • Legal Description: ST PETERSBURG BEACH REPLAT BLK 44, LOTS 11 AND 12
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Parcel Number: 36-31-15-77994-044-0110
  • Views: 87
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Nearby Subdivisions
St Petersburg Beach Rep   St Petersburg Beach Replat  
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Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. Mobile: 352.601.6367
  6. 352.601.6367
  7. mariancasteel@yahoo.com