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TOUCHSTONE REAL ESTATE

info@touchstonerealestate.com +1(352) 223-0053

$ 3,695,000

Est. payment -/mo

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Price Dropped by $100K

601 71ST AVE St Pete Beach, FL 33706

6,976 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,976 sqft

Price per Sqft $529

Subdivision St Petersburg Beach Rep

MLS Listing ID U8254957

HOA Y/N No

Year Built 1956

Annual Tax Amount $24,295

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 100x107

Property Sub-Type Multi Family

Source Stellar MLS

New Construction false

Property 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 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 650k 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

Location

State FL

County Pinellas

Community St Petersburg Beach Rep

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Solid Surface Counters

Heating Other

Cooling Ductless

Fireplace false

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Lighting

Pool Deck, Heated, In Ground

Utilities Available Electricity Connected, Public

Roof Type Shingle

Garage false

Private Pool Yes

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Owner Financing, Private Financing Available

Listing Terms Cash, Owner Financing, Private Financing Available

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8254957

Listed by MURPHY REALTY

TOUCHSTONE REAL ESTATE

COMPANY OWNER PAGE | BKCQ1051231

+1(352) 223-0053

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TOUCHSTONE REAL ESTATE

601 71ST AVE St Pete Beach, FL 33706

Key Details

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601 71ST AVE