$4,800,000

About This Property

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.

infoProperty Details

Property Type

Multi Family (5+)

Year Built

1964

Living Area

15,392 sqft

Lot Size

0.21 acres

Bedrooms

48

Bathrooms

17

Ownership

Fee Simple

Days on Market

155

List Date

chairInterior Features

yardExterior & Lot

Listed By

IMPERIO REAL ESTATE

727-748-4017

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