115 Cleveland Avenue , Largo, FL 33770

$850,000
  • 115 Cleveland Avenue , Largo, FL 33770 Main Photo

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New to the Market Active
BEDS5 BATHS SQUARE FEET2,354 MLS#TB8557872
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWHITEHURSTS & OTHERS

Property Description

The property is actually a 5-plex. (all 1/1's) features a thoughtful mix of rental options, including traditional long-term leases and flexible mid-term arrangements for a duration of 90 days or more. Of the five available units, three are currently designated for long-term rentals, providing stable and reliable income. The remaining two units are successfully rented on a mid-term basis through popular platforms such as Airbnb, VRBO, and Furnished Finders, catering to a growing market of travelers and professionals seeking temporary accommodations. All units boast a private & fenced outdoor space. This property sits outside the requirement for flood insurance. This property is ideally suited for anyone looking to enter the lucrative world of Airbnb rentals. With the current setup already established and operational, it offers a seamless transition for new investors seeking to make their mark in the rental market. For seasoned investors, this property represents a fantastic addition to an existing portfolio, enhancing diversification and revenue potential. Units easily converted to all traditional rentals or all midterm rentals with the addition or omission of furnishings.

115 Cleveland Avenue | MLS# TB8557872

This multi-family property located at 115 Cleveland Avenue , Largo, FL 33770 is currently listed for sale with an asking price of $850,000. Search Largo real estate on bstewart.gloryire.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s)
Heating: Electric
Lot Size: 0.20 Acres
Roof Type: Built-Up, Membrane
Taxes: $10,220
Year Built: 1960

Amenities

Kitchen/Family Room Combo
Primary Bedroom Main Floor
Thermostat
Window Treatments
Fence

Feature Descriptions

Annual Net Income: 65229.00
Days on Site: 1
Directions: west bay to cleveland
Exterior: Block
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, VA Loan
Lot Dimensions: 0.2
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Units: 5
Utilities: Cable Connected, Electricity Connected, Public, Water Connected
Water: Public
Water Access Y/N: No

Listed By / Shown By

Listed By

Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509

Shown By

Agent Name: Brad Stewart
Agent Phone:
Agency Title: Glory International Real Estate Company

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Estimated Payment

$ 2,991.31 per month $1,891.73 Principal & Interest $851.67 Property Tax $247.92 Homeowner's Insurance

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