11916 133RD AVE, Largo, FL 33778
11916 133RD AVE, Largo, FL 33778
11916 133RD AVE, Largo, FL 33778
11916 133RD AVE, Largo, FL 33778
11916 133RD AVE, Largo, FL 33778
11916 133RD AVE, Largo, FL 33778
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$ 4,800,000
Est. payment | /mo

48 Beds

17 Baths

15,392 SqFt


$ 4,800,000
Est. payment | /mo

48 Beds

17 Baths

15,392 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 15,392 sqft

Price per Sqft $311

Subdivision Ridgecrest Acres

MLS Listing ID TB8483870

Bedrooms 48

Construction Status Completed

HOA Y/N No

Year Built 1964

Annual Tax Amount $7,696

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 70x130

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

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.

Location

State FL

County Pinellas

Community Ridgecrest Acres

Area 33778 - Largo/Seminole

Zoning RM-15

Interior

Interior Features Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat

Heating Central

Cooling Central Air

Fireplace false

Laundry Outside

Exterior

Exterior Feature Sidewalk

Utilities Available Electricity Connected, Public, Water - Multiple Meters, Water Connected

Roof Type Membrane

Garage false

Private Pool No

Building

Foundation Block

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8483870

Stellar MLS
Listed by John Pereira IMPERIO REAL ESTATE

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Monica Balceda

Realtor

+1(240) 564-8526 | monicabalceda23@gmail.com

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11916 133RD AVE