$2,300,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 3130 sq ft
Overview
  • ID: MFRTB8520953
  • Bedrooms:
  • Bathrooms: 0
  • Size: 3130 sq ft
Property Details
Remarks
HIGH-YIELD WATERFRONT SHORT-TERM RENTAL INVESTMENT! Turnkey, cash-flowing hospitality asset in Largo offering an exceptional 7.9% actual / 8.0% pro forma cap rate backed by robust verified 2026 actuals (~$182,000 NOI). Configured as a high-capacity 6-bedroom, 3-bath luxury estate sleeping up to 22 guests, the property has delivered an elite $1,259+ actual ADR with strong forward bookings already in place. Situated on an expansive point lot with an incredible 510 feet of wide saltwater frontage and two private composite docks (plus an on-site luxury vessel included in the sale), this resort-style property features a heated pool/spa and upscale designer furnishings throughout. Major capital expenditures have already been handled with a newer roof, high-efficiency solar system, upgraded HVAC, and full impact-resistant glass, keeping operating overhead low. Located in unincorporated Pinellas County (R-3 zoning), this asset is fully insulated from municipal short-term rental restrictions. Complete financial packages and Hostaway analytics available to qualified buyers. Please coordinate all showings via ShowingTime with a 24-hour notice required to accommodate active guest stays.
Financial Considerations
Price:
$2,300,000
HOA Fee:
N/A
Tax Amount:
$15925.49
Price per SqFt:
$615.47
Tax Legal Description:
HARBOR HILLS 3RD ADD BLK J, LOT 77
Exterior Features
Lot Size:
13604
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Furnished:
No
Floor:
Carpet, Hardwood
Levels:
Two
Additional Features
Property Sub Type:
Business
Style:
N/A
Year Built:
1959
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Northwest
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
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