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
The income description goes here to explain
List Price | $3,950,000 |
Property Type | Hotel & Restaurants |
Usable Sqft | 6,976 |
Number of Stories | 2 stories |
Parking Spots | 0 spots |
Year Built | 1956 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 363115779940440110 |
MLS # | U8254968 |
Property ID | 320796693 |
Lot Sqft | 10,751 |
Zoning | Unknown |
Days on Market | 223 |
Original List Price | $4,550,000 |
Date Updated | March 01, 2025 |
Date Created | August 26, 2024 |
Financials not available online. Please inquire with your agent for more details.
Dave Wonsick an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of March 01, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT