115 Cleveland AvenueLargo, FL 33770

Description

Under contract-accepting backup offers. The property is actually a 5-plex. (all 1/1's) features a thoughtful mix of rental options, including traditional long-term leases and flexible mid-term arrangements for a duration of 90 days or more. Of the five available units, three are currently designated for long-term rentals, providing stable and reliable income. The remaining two units are successfully rented on a mid-term basis through popular platforms such as Airbnb, VRBO, and Furnished Finders, catering to a growing market of travelers and professionals seeking temporary accommodations. All units boast a private & fenced outdoor space. This property sits outside the requirement for flood insurance. This property is ideally suited for anyone looking to enter the lucrative world of Airbnb rentals. With the current setup already established and operational, it offers a seamless transition for new investors seeking to make their mark in the rental market. For seasoned investors, this property represents a fantastic addition to an existing portfolio, enhancing diversification and revenue potential. Units easily converted to all traditional rentals or all midterm rentals with the addition or omission of furnishings.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1960

Living area

2,354 Sq Ft

Lot size

0.20 acres

Lot dimensions

78x110

Ownership

Fee Simple

Days on market

27

MLS^® Listing#

TB8557872

Property Features

Heating

Electric

Laundry

Inside

Construction

Block

Foundation

Slab

Roof

Built-Up · Membrane

Utilities

Cable Available · Cable Connected · Electricity Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$10,221Tax year 2024

Parcel number

34-29-15-97398-006-0060

Directions

west bay to cleveland