Largo Multi Family

Multi-Family for Sale
Catylist Listing ID: 30356137
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 3,640 SF
Gross Building Area: 3,918 SF
Gross Land Area: 18,140 SF
Sale Price: $350,000
Unit Price: $87,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 3,640 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 90
Last Updated: 6/18/2019

Overview / Comments

High visibility corner location on Clearwater Largo Road South. Site consists of three lots at the corner of Clearwater Largo Road and 3rd Avenue South. Alley to the rear gives access from 3 points.

The buildings consist of one 2 bedroom-2 bath, two 2 bedroom-1 bath, one 1 bedroom-1 bath units. These are situated on 2 lots with the third lot being vacant.

The land use is MUC (Mixed Use Corridor). Nearby uses include a school, law office. Allowable uses include multi-family, home office. Potential uses include professional office, schools, Change in use via new development requires a site plan review.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: Pinellas County
Tax ID/APN: 34-29-15-99450-003-0090
Zoning: MULTI FAMILY
Property Located Between: Located between 3rd and 4th Avenue South
Highway Access: 135 ft frontage on Clearwater Largo Road
Site Description: 135 ft frontage on Clearwater Largo Road by 125 ft deep. Alley on the east end gives additional access.
Area Description: Clearwater Largo Road features a variety of uses including multi-family, professional office, schools, car wash, retail and convenience stores.
Total Number of Buildings: 2
Property Condition: Fair
Number of Stories: 1
Year Built: 1948
Roof Type: Gable
Construction/Siding: Stucco
Exterior Description: Two concrete block duplexes.
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Internet Access: Cable, DSL
Zoning Description: Zoned Multi Family. Land Use is Multi-Use-Corridor
Lot Frontage: 135'
Lot Depth: 125'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee simple
Legal Description: Yearwood-Wadford-Hamilton Addition to Largo, Block 3, Lot 9 Less Road and Lots 10.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,484 126,008 276,352
Median Age: 45.96 48.56 46.25
Households: 9,016 58,472 124,617

Contact

Photograph of Listing Agent

George D Hurst

First Commercial Group
CE-FL Member
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