Active

$4,800,000

Features:
  • 48 Bedrooms
  • 17 Bathrooms
  • 15392 sq ft
Overview
  • ID: MFRTB8483870
  • Bedrooms: 48
  • Bathrooms: 17
  • Size: 15392 sq ft
Property Details
Remarks
Largo Legacy Townhomes represents a rare convergence of turnkey condition, strong cash flow, and meaningful upside in one of Florida's most resilient rental markets. With over $1,000,000 in completed capital improvements, a buyer acquires a like-new, 17-unit all-block asset with no deferred maintenance, no near-term capital requirements, and an income stream that begins on day one. The property is priced to reflect its renovated condition while still offering compelling returns relative to the broader market. The investment thesis is straightforward: a stabilizing, cash-flowing asset in supply-constrained Pinellas County with a rare 3-bedroom unit mix, separately metered utilities, and a clear path to NOI growth through lease-up completion and conservative annual rent increases. For investors seeking a high-quality, low-maintenance multifamily asset in the Tampa Bay market, this offering warrants serious consideration.
Financial Considerations
Price:
$4,800,000
HOA Fee:
N/A
Tax Amount:
$7696.46
Price per SqFt:
$311.85
Tax Legal Description:
RIDGECREST ACRES UNIT 3 BLK D, LOT 24
Exterior Features
Lot Size:
9030
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
48
Bathrooms:
17
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
1964
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
N/A
Map
  • Address
    11916 133RD AVE
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