601 71st Ave Saint Pete Beach, FL 33706
Estimated payment $22,158/month
Highlights
- Heated In Ground Pool
- Open Floorplan
- No HOA
- Boca Ciega High School Rated A-
- Solid Surface Countertops
- Balcony
About This Home
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
Listing Agent
MURPHY REALTY Brokerage Phone: 727-686-6229 License #694726 Listed on: 08/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,295
Year Built
- Built in 1956
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 100x107
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 6,976 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Solid Surface Countertops
- Laundry Room
Pool
- Heated In Ground Pool
- Pool Deck
Outdoor Features
- Balcony
- Exterior Lighting
Community Details
- No Home Owners Association
- 12 Units
- St Petersburg Beach Rep Subdivision
Listing and Financial Details
- Legal Lot and Block 11 / 44
- Assessor Parcel Number 36-31-15-77994-044-0110
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $24,295 | $1,550,000 | $1,152,794 | $397,206 |
| 2023 | $24,295 | $1,525,000 | $1,079,327 | $445,673 |
| 2022 | $11,219 | $730,000 | $481,706 | $248,294 |
| 2021 | $10,363 | $600,000 | $0 | $0 |
| 2020 | $11,782 | $675,000 | $0 | $0 |
| 2019 | $11,329 | $660,000 | $432,337 | $227,663 |
| 2018 | $14,258 | $1,174,000 | $0 | $0 |
| 2017 | $9,805 | $565,000 | $0 | $0 |
| 2016 | $8,897 | $490,000 | $0 | $0 |
| 2015 | $8,193 | $435,000 | $0 | $0 |
| 2014 | $7,620 | $404,200 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2025 08/09/25 | Price Changed | $3,695,000 | -2.6% | $530 / Sq Ft |
| 07/18/2025 07/18/25 | Price Changed | $3,795,000 | -1.4% | $544 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $3,850,000 | -2.5% | $552 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $3,950,000 | 0.0% | $566 / Sq Ft |
| 05/03/2025 05/03/25 | Off Market | $3,950,000 | -- | -- |
| 03/01/2025 03/01/25 | Price Changed | $3,950,000 | -1.3% | $566 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $4,000,000 | -2.4% | $573 / Sq Ft |
| 12/22/2024 12/22/24 | Price Changed | $4,100,000 | +900.0% | $588 / Sq Ft |
| 12/22/2024 12/22/24 | Price Changed | $410,000 | -90.2% | $59 / Sq Ft |
| 11/29/2024 11/29/24 | Price Changed | $4,195,000 | -1.3% | $601 / Sq Ft |
| 11/29/2024 11/29/24 | For Sale | $4,250,000 | 0.0% | $609 / Sq Ft |
| 09/16/2024 09/16/24 | Off Market | $4,250,000 | -- | -- |
| 09/12/2024 09/12/24 | Price Changed | $4,250,000 | -2.3% | $609 / Sq Ft |
| 09/04/2024 09/04/24 | Price Changed | $4,350,000 | -2.2% | $624 / Sq Ft |
| 08/31/2024 08/31/24 | Price Changed | $4,450,000 | -2.2% | $638 / Sq Ft |
| 08/26/2024 08/26/24 | For Sale | $4,550,000 | +145.9% | $652 / Sq Ft |
| 11/14/2022 11/14/22 | Sold | $1,850,000 | -2.6% | $565 / Sq Ft |
| 09/06/2022 09/06/22 | Pending | -- | -- | -- |
| 09/01/2022 09/01/22 | For Sale | $1,900,000 | -- | $580 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,850,000 | Coastline Title Of Pinellas | |
| Quit Claim Deed | $100 | Coastline Title Of Pinellas | |
| Warranty Deed | $535,000 | -- | |
| Warranty Deed | $395,000 | -- | |
| Warranty Deed | $300,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | Balloon | |
| Previous Owner | $375,000 | Commercial | |
| Previous Owner | $220,000 | Commercial | |
| Previous Owner | $200,000 | Commercial |
Source: Stellar MLS
MLS Number: U8254957
APN: 36-31-15-77994-044-0110
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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