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$850,000

115 Cleveland Avenue Largo, FL 33770 • Commercial - Multiple • Active

  • 115 Cleveland Avenue , Largo, FL 33770 Main Photo

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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.

Property Highlights

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

General Information

County: Pinellas
Subdivision: WHITEHURSTS & OTHERS
Listed By:
John Rurkowski EXP REALTY LLC 888-883-8509

Property Features

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
Lot Dimensions: 0.2
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
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
$850,000
New to the Market Active
BEDS0 BATHS SQUARE FEET2,766 MLS#TB8557882
STATUSActive PROPERTY TYPECommercial - Multiple SUBDIVISIONWHITEHURSTS & OTHERS

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115 Cleveland Avenue , Largo, FL 33770.

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