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Wade M. Berlin

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115 Cleveland Avenue Sw
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PRICED AT ONLY: $900,000

Address: 115 Cleveland Avenue Sw, LARGO, FL 33770

Description

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.
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  • MLS#: TB8437723 ( Commercial Sale )
  • Street Address: 115 Cleveland Avenue Sw
  • Viewed: 17
  • Price: $900,000
  • Price sqft: $325
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 2766
  • Days On Market: 18
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 2354.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Mini-Split Unit(s)
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 65236.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: WHITEHURST'S & OTHERS ADD BLK 6, LOT 6
  • Levels: One
  • Area Major: 33770 - Largo/Belleair Bluffs
  • Occupant Type: Tenant
  • Parcel Number: 34-29-15-97398-006-0060
  • Views: 17
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Wade M. Berlin