601 71ST AVE, ST PETE BEACH, FL, 33706
$3,595,000
Commercial Sale
|
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 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 with 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 filast 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: | MFRU8254968 | Year Built: | 1956 | |
| Construction Materials: | Block, HardiPlank Type | Cooling: | Ductless | |
| Country: | US | County Or Parish: | Pinellas | |
| Foundation Details: | Slab | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Owner Financing, Private Financing Available | Property Sub Type: | Hotel/Motel | |
| Property Type: | Commercial Sale | Road Frontage Type: | City Street | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Showing Requirements: | Call Before Showing | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
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