#S5112294, Vicente Virgilio, Listing Office: ALTIS REALTY
601 71st Ave St Pete Beach, FL 33706
Property details
About 601 71st Ave
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. 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 first 12 months open has produced over a 550k 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
Highlights
Virtual tour
Summary
- MLS Number: U8254957
- MLS Name: MFRMLS
- Office Name: MURPHY REALTY
- Office Phone: (727) 686-6229
- Listing Agent: Dave Wonsick
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Last updated on: 2/12/2025, 8:19:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of swimming pool](/homes/listing-images/48696402_S0043/S0043/S0043-R0100/MFRU8254957/66cc9027a3cc8a308612d366.jpg?version=1724683147&width=640)
$4,000,000
601 71st Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 17, 2022 | Home Sold | $1,850,000 |
Jan 03, 2002 | Home Sold | $535,000 |
Apr 08, 1999 | Home Sold | $395,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,525,000 | $24,295 |
2022 | $730,000 | $11,219 |
2021 | $600,000 | $11,219 |
2020 | $675,000 | $10,363 |
2019 | $630,830 | $11,329 |
2018 | $573,482 | $14,258 |
2017 | $565,000 | $9,805 |
History based on county public records data.
Nearby schools
9
Gulf Beaches Elementary Magnet School
Public Magnet KG-5
0.8 mi
•8600 Boca Ciega Dr
9
Pasadena Fundamental Elementary School
Public Magnet KG-5
2.4 mi
•95 72nd St N
4
Bear Creek Elementary
Public District PK-5
2.9 mi
•350 61st St S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,609. Most St Pete Beach, FL residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 601 71st Ave in St Pete Beach, FL and zip code 33706 in the Downtown Saint Pete Beach neighborhood. This 6,976 square foot home, which was built in 1956, sits on a 0.25 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $4,000,000.
Over 0 listings were sold over their listed price in January 2025 in St Pete Beach, FL. In the same period over 22 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in St Pete Beach, FL increased by 15.4% between December and January 2025. In January 2025 median list price was $798,351 and the average listing age was 58 days.