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Property profile & analytics
OFF-MARKET
Estimated value
$3,695,000
Hotels
601 71st Ave St Pete Beach, FL 33706-3609
Entity Owned
~
Est. High Equity
Property ID
US18-1261836
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1956
Construction
CONCRETE
Total area
6,144 SF
Lot
0.25 ac (10,751 SF)
APN
36-31-15-77994-044-0110
UPID
US18-1261836
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Lofts at St Pete Beach Hotel & Motel
-
Spencer Recovery Center Social Service Agency Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.46M
Blend (final)
Blend
$3.70M
Owner & transaction history
Kaizen Global Endeavors INC
Kaizen Global Endeavors INC
since 2025
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs St Pete Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Pete Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,500,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.70M
Range $3.33M – $4.06M · ±10% · vs last sale $3.53M (Dec 15 2025)
Last sale anchor
$3.53M
Dec 15 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$601 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,295
Tax year 2023
Assessed value
$1,525,000
Assessed 2023
Previous assessed
$730,000
+108.9% YoY
Effective rate
1.59%
On assessed value
Land market value
$1,079,327
Improvement market value
$445,673
Total market value
$1,525,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1956
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Units
8
Bathrooms
8
Total area
6,144 SF
Lot
0.25 ac (10,751 SF)
APN
36-31-15-77994-044-0110
UPID
US18-1261836
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
2
Units
8
Bathrooms
8
Lot
0.25 ac
Current owner
From public records · entity-resolved
Kaizen Global Endeavors INC
Entity
Mailing address
1500 COUNTRY CLB RD N, SAINT PETERSBURG, FL 33710-4431
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
$3,530,000
Kaizen Global Endeavors INC
St Pete Beach Investments LLC
Warranty Deed
$2,527,876 · St Pete Beach Investments LLC
Nov 17, 2022
$1,850,000
St Pete Beach Investments LLC
Coast To Coast Referral Center INC
Warranty Deed
$800,000 · Scott Zepp
Nov 7, 2022
—
Coast To Coast Referral Center INC
Chris Spencer
Quit Claim Deed
related
—
Jan 3, 2002
$535,000
Chris Spencer
Veles,chester J & Louise D
Grant Deed
$375,000 · Bank Of Saint Petersburg
Apr 8, 1999
$395,000
Chester J Veles
Dattolico,paul & Madeline
Grant Deed
$220,000 · Amsouth Bank Florida
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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