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115 Cleveland Ave, Largo, FL, 33770

5beds
5baths
2,354sqft
$900,000
$382price/sqft
$5,721/moest. monthly cost
$228,840/yrincome needed

About This Home

The property (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.

Getting Around

76
WalkingVery Walkable
38
TransitSome Transit
61
BikeBikeable

Schools

7/10
4/10
Largo Middle SchoolGrades 6-80.6 mi
5/10
Largo High SchoolGrades PK,9-120.4 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Slab
  • Roof: Built-Up,Membrane
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5

Features

  • Kitchen/Family Room Combo,Primary Bedroom Main Floor,Thermostat
  • Window features: Window Treatments

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 2,766
  • Total interior livable area: 2,354 sqft

Property

Details

  • Parcel number: 342915973980060060
  • Special condition: None

Features

  • Fencing: Fenced

Lot

  • Lot size: 8,703 sqft
  • Lot size dimensions: 78 x 110