115 CLEVELAND AVE, LARGO, FL, 33770
$850,000
Commercial Sale
Living Area
2,354 Sqft
Lot Size
8,703 Sqft
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 Details
Property Features Property Features
MLS ID: MFRTB8557882 Year Built: 1960
Construction Materials: Block Cooling: Mini-Split Unit(s)
Country: US County Or Parish: Pinellas
Foundation Details: Slab Heating: Electric
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash
Property Sub Type: Multi-Family 5+ Property Type: Commercial Sale
Road Frontage Type: Access Road, Main Throrughfare Road Surface Type: Brick
Roof: Built-Up, Membrane Sewer: Public Sewer
Showing Requirements: ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Connected, Electricity Connected, Public, Water Connected Water Source: Public
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