$4,800,000 - 11916 133rd Avenue, LARGO
- 48
- Bedrooms
- 17
- Baths
- 15,392
- SQ. Feet
- 0.21
- Acres
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.
Essential Information
-
- MLS® #:
- TB8483870
-
- Price:
- $4,800,000
-
- Bedrooms:
- 48
-
- Bathrooms:
- 17.00
-
- Square Footage:
- 15,392
-
- Acres:
- 0.21
-
- Year Built:
- 1964
-
- Type:
- Residential Income
-
- Sub-Type:
- Multi Family (5+)
-
- Status:
- Active
Community Information
-
- Address:
- 11916 133rd Avenue
-
- Area:
- Largo/Seminole
-
- Subdivision:
- RIDGECREST ACRES
-
- City:
- LARGO
-
- County:
- Pinellas
-
- State:
- FL
-
- Zip Code:
- 33778-1419
Interior
-
- Interior Features:
- Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat
-
- Heating:
- Central
-
- Cooling:
- Central Air
Exterior
-
- Exterior Features:
- Sidewalk
-
- Roof:
- Membrane
-
- Foundation:
- Block
Additional Information
-
- Days on Market:
- 142
-
- Zoning:
- RM-15
Listing Details
- Listing Office:
- Imperio Real Estate