$3,850,000 - 601 71st Avenue, ST PETE BEACH
- -
- Bedrooms
- -
- Baths
- 6,976
- SQ. Feet
- 0.25
- Acres
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
Essential Information
-
- MLS® #:
- U8254957
-
- Price:
- $3,850,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 6,976
-
- Acres:
- 0.25
-
- Year Built:
- 1956
-
- Type:
- Residential Income
-
- Sub-Type:
- Multi Family
-
- Status:
- Active
Community Information
-
- Address:
- 601 71st Avenue
-
- Area:
- Pass a Grille Bch/St Pete Bch/Treasure Isl
-
- Subdivision:
- ST PETERSBURG BEACH REP
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- City:
- ST PETE BEACH
-
- County:
- Pinellas
-
- State:
- FL
-
- Zip Code:
- 33706
Amenities
-
- Has Pool:
- Yes
Interior
-
- Interior Features:
- Ceiling Fans(s), Open Floorplan, Solid Surface Counters
-
- Heating:
- Other
-
- Cooling:
- Ductless
Exterior
-
- Exterior Features:
- Balcony, Lighting
-
- Roof:
- Shingle
-
- Foundation:
- Slab
Additional Information
-
- Days on Market:
- 189
Listing Details
- Listing Office:
- Murphy Realty