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1500 Clearwater Largo Road N, Largo, FL 33770
$1,067,000
1500 Clearwater Largo Road N, Largo, FL 33770View this property at 1500 Clearwater Largo Road N, Largo, FL 33770
1500 Clearwater Largo Road NLargoFL33770
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Property Description
***Back on market after owners converted 3 of the cottages dining rooms to bunk rooms to accommodate more guests and higher nightly rates. Updated pictures to follow*** This unique 5-unit Airbnb property just a mile from the gulf consists of a large main house & 4 individual cottages spread across 3 lots on 2 parcels. Each unit comes fully furnished and has been professionally designed to form a short-term rental paradise with estimated annual rental income of over $207k, NOI of $166.8K, and a 10.46% cap rate. The 3 bedroom 2 bath main house operates as the crown jewel of the property as it comes equipped with luxury finishes, LVP flooring, a true master with walk in closet, bunk room, side patio w/ dining, and screened back porch with darts & foosball. The fenced in backyard includes a firepit, cornhole boards, string lights, and recently installed sod. While the front yard was also recently sodded, it also had irrigation put in place with a new timer. In addition, the cottages each offer large private retreats for 2, or even a small family, but still boast all the amenities of home, including an assigned parking spot out front & Yale smart locks. 3 of the 4 cottages are nearly identical layouts, but all have in common large backyards with string lights, Adirondack chairs, & cornhole boards. There is also a large shell courtyard in the center of the property where the current owners have plans for a swimming pool to be installed, which each unit would have direct access to via their rear gate. In addition, the mulched picnic table area between the pink cottage, main house, and future pool site has been prepped for a children's playset for all units to have access to. So while these properties are turnkey, they are still packed with plenty of potential value add opportunities such as adding the swimming pool for increased nightly rates & occupancy or converting the cottage dining rooms to 2nd bedrooms. To help the incoming buyer with bringing this property to its fullest potential the owners have also agreed to credit them $25k to have the pool and playground installed (for strong offers). The main house boasts its own interior laundry closet with W&D, but also includes a W&D in the centrally located utility room for cottages guests and/or cleaners use. To round out this Florida paradise the property also features tropical landscaping including Orange & Palm trees. In addition, the sellers also own the 2 vacant lots directly adjacent north of this listing and would be willing to entertain offers on those as well, although are not included in this listing. This isn't the type of property or new turnkey operation that comes around often, especially with Clearwater, Bellaire, & Indian Rocks Beach only a few minutes away, yet still in Airbnb friendly Largo. Don't pass up on this opportunity to operate your own Airbnb village without fear of fines.
Full Property Details
Full Property Details for 1500 Clearwater Largo Road N
General
- Sold For: $1,067,000
- Taxes: $6,102 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: U8202296
- Added to Site: 347 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Interior Features: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen and Family Room Combination, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Furnishings: Turnkey
- Flooring: Ceramic Tile, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Dog Run, Fenced, Irrigation System, Lighting, Other, Sidewalk, Storage
- Deck/Patio: Covered, Enclosed, Patio, Rear Porch, Screened, Side Porch
- Porch/Patio/Deck: Covered, Enclosed, Patio, Rear Porch, Screened, Side Po
Parking
- Parking Features: Assigned, Driveway, Guest, Off Street
Location
- Area: 33770 - Largo/Belleair Bluffs
- County: Pinellas
- Development Name: 33770 - Largo/Belleair Bluffs
- Subdivision: HIGHLAND PARK
- Driving Directions: From 275 south take exit 31 heading west then take a right on Clearwater Largo Rd N and the property will be a mile down on the right at the intersection of 15th Ave NW.
School Information
- Elementary School: Mildred Helms Elementary-PN
- Middle School: Largo Middle-PN
- High School: Largo High-PN
Community
- Community Name: 33770 - Largo/Belleair Bluffs
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s)
- Heating Type: Central, Exhaust Fans, Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Meter, Water - Multiple Meters, Water Connected
Structural Information
- # Buildings: 5
- Exterior Const.: Block
- Roof: Membrane, Shingle
- Windows: Blinds
- Square Feet: 3,724
- Sq. Ft. Source: Appraiser
- Living Area: 3,724 Sq. Ft.
- Year Built: 1948
Additional Structures
- Other Structures: Guest House, Other, Storage
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,256
- Lot Dimensions: 112 x 163
- Street/Road Desc.: Gravel, Paved
- Lot Features: Corner Lot, Level, Near Marina, Near Public Transit, Oversized Lot
Financial Considerations
- Tax Amount: $6,102.36
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HIGHLAND PARK BLK 3, LOTS 3, 4, AND 5
- Flood Zone Info: X
- Disclosures/Reports: Lead Paint, Seller Property Disclosure
- APN: 27-29-15-38970-003-0030
- Property ID: 27-29-15-38970-003-0030
- Block/Lot/Section: 3
Listed by Exp Realty Llc
Sold by Coastal Properties Group International
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Schools
Schools serving 1500 Clearwater Largo Road N
School District:Pinellas County School District
Rating | Name | Grades | Distance |
---|---|---|---|
561 Clearwater Largo Rd S, Largo, FL 33770 | PK-5 | 1.3 mi | |
155 8th Ave Se, Largo, FL 33771 | 6-8 | 1.7 mi | |
410 Missouri Ave N, Largo, FL 33770 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1500 Clearwater Largo Road N
Date
Details
Price
Change
Source
11/10/2023
Sold
$1,067,000
-37.24%
MLS
7/31/2023
Price Increased
$1,700,000
6.58%
MLS
5/30/2023
Listed
$1,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1500 Clearwater Largo Road N, Largo, FL 33770 (MLS# U8202296) is a Multi-Family property that was sold at $1,067,000 on November 10, 2023. Want to learn more about 1500 Clearwater Largo Road N? Do you have questions about finding other Multi-Family real estate for sale in Largo? You can browse all Largo real estate or contact a Coldwell Banker agent to request more information.