Property Description
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
Features
- Cooling System:
- Ductless
Address Map
- Country:
- US
- State:
- FL
- County:
- Pinellas
- City:
- St Pete Beach
- Subdivision:
- ST PETERSBURG BEACH REP
- Zipcode:
- 33706
- Street:
- 71ST
- Street Number:
- 601
- Street Suffix:
- AVENUE
- Longitude:
- W83° 14' 54.7''
- Latitude:
- N27° 44' 20.2''
- Directions:
- Gulf Blvd to 71st Ave
- Mls Area Major:
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Additional Information
- Lot Size Dimensions:
- 100x107
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/U8254968
- Stories Total:
- 2
- Previous Price:
- 3625000
- On Market Date:
- 2024-08-26
- Foundation Details:
- Slab
- Construction Materials:
- Block, HardiPlank Type
- Building Size:
- 6976
Financial
- Tax Annual Amount:
- 24295.26
Listing Information
- List Agent Mls Id:
- 283560109
- List Office Mls Id:
- 260030465
- Listing Term:
- Cash,Owner Financing,Private Financing Available
- Mls Status:
- Withdrawn
- Modification Timestamp:
- 2025-09-27T22:45:09Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2025-09-27T18:39:39Z
Commercial Sale For Sale
601 71st Ave, St Pete Beach, Florida 33706
6,976 Sqft
$3,595,000
Listing ID #U8254968
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- U8254968
- Price :
- $3,595,000
- Square Footage :
- 6,976 Sqft
- Year Built :
- 1956
- Lot Area :
- 0.25 Acre
- Property Sub Type :
- Hotel/Motel
- Roof:
- Shingle
