- $4,800,000
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.
- Last Updated:
Location
About 11916 133RD AVENUE, Largo, FL 33778
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.
Property Details
-
Property ID TB8483870
-
Price $4,800,000
-
Land Area 0.21 Acres
-
Bedrooms 48
-
Bathrooms 17
-
Garage Size x x
-
Year Built 1964
-
Property Status Active
-
Property Type Multi-Family 5+, Residential Income
Additional details
-
Roof Membrane
-
Utilities Electricity Connected,Public,Water - Multiple Meters,Water Connected
-
Sewer Public Sewer
-
Cooling Central Air
-
Heating Central
-
County Pinellas
-
Property Type Residential Income
Mortgage Calculator
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees
Schedule a Tour
Similar Listings
- $2,650
- $2,600
- $2,040,000,000
- $85,000
- $20,448
- $20,208
- $740,000
- $780,000
- $4,500
- $5,400
Listing provided courtesy of Mark Spain Real Estate (855-299-7653).
© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at June 6, 2025 8:30 AM EST.
- Real Estate Agent
