601 71ST AVE, ST PETE BEACH, FL, 33706
$3,595,000
Residential Income
Living Area
6,976 Sqft
Lot Size
10,751 Sqft
WOW STOP THE CAR!!!! Come see The Lofts at St Pete Beach where Key West comes to life. Seller financing is possible with a full price offer and 35 percent down with favorable terms. This 12 room Inn comes with a short term rental license and sets the standard for the beach wirh possible seller financing. 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 last 12 months open has produced over a 610k 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
Property Details
Property Features Property Features
MLS ID: MFRU8254957 Year Built: 1956
Construction Materials: Block Cooling: Ductless
Country: US County Or Parish: Pinellas
Exterior Features: Balcony, Lighting Foundation Details: Slab
Heating: Other Laundry Features: Laundry Room
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Owner Financing, Private Financing Available
Pool Features: Deck, Heated, In Ground Property Sub Type: Multi Family
Property Type: Residential Income Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Connected, Public Water Source: Public
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