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Property
Beds
48
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
15,392
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.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
48
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.21
-
Property Type
Residential Income
Price
-
Sales Price
$4,800,000
-
Tax Amount
$7,696.46
-
Sq. Footage
15, 392
-
Price/SqFt
$311
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
24
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of John Pereira , IMPERIO REAL ESTATE
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Emil Garinga
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