BEDS5
BATHS
SQUARE FEET2,354
MLS#TB8474230
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWHITEHURSTS & OTHERS
Property Description
The property (all 1/1's) features a thoughtful mix of rental options, including traditional long-term leases andflexible mid-term arrangements for a duration of 90 days or more. Of the five available units, three arecurrently designated for long-term rentals, providing stable and reliable income. The remaining two units aresuccessfully rented on a mid-term basis through popular platforms such as Airbnb, VRBO, and FurnishedFinders, catering to a growing market of travelers and professionals seeking temporary accommodations. Allunits 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 investorsseeking to make their mark in the rental market. For seasoned investors, this property represents a fantasticaddition 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 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
Directions: From I275 to Ulmerton Rd W to 686 towards Indian Rocks Beach. Cross over Missouri Ave/Seminole Blvd to 2nd St. SW. Go left (S) to Cleveland Ave SW take a left (E) to address.
Exterior: Block
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Lot Dimensions: 0.2
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
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: CARTER PROPERTY GROUP LLC
Agency Contact: 727-481-6842
Shown By
Agent Name: Billy Norwood
Agent Phone: Cell: (727) 458-4154
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 3,117.18 per month $2,003.01 Principal & Interest $851.67 Property Tax $262.50 Homeowner's InsuranceChange Payment Information
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115 Cleveland Avenue | MLS# TB8474230
This multi-family property located at 115 Cleveland Avenue , Largo, FL 33770 is currently listed for sale with an asking price of $900,000. Search Largo real estate on bnorwood.floridaexecutiverealty.com today.