11916 133RD AVENUE, Largo, FL, 33778
48 beds
1964
15,392 sqft
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Outside
Units:
17
Subdivision:
RIDGECREST ACRES
Heating:
Central
Cooling:
Central Air
Lot Size:
70 x 130
Acreage:
0.21
Est. Taxes:
$7,696
Construction
Block
Utilities
Electricity Connected, Public, Water - Multiple Meters, Water Connected
Days on Market:
1
MLS #:
TB8483870
Community Info
School Info
Walk Score
Yelp
Listing courtesy of IMPERIO REAL ESTATE 727-748-4017