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714 15th Avenue NW, Largo, FL 33770
$399,649
714 15th Avenue NW, Largo, FL 33770View this property at 714 15th Avenue NW, Largo, FL 33770
714 15th Avenue NWLargoFL33770
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Property Description
***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. Live in the main house and rent the cottages to pay the mortgage, or use it as a multi-generational property, or just rent all 5, options are endless. The 3 bedroom 2 bath main house operates as the crown jewel of the property, while sleeping 10 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 of the amenities of home, including an assigned parking spot out front and 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 714 15th Ave NW
General
- Sold For: $399,649
- Taxes: $1,915 (2022)
- Status: Closed
- Type: Single Family
- MLS ID: U8202301
- Added to Site: 354 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Interior Features: Built in Features, Ceiling Fans(s), Crown Molding, 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, Washer
- Furnishings: Turnkey
- Flooring: Ceramic Tile, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Dog Run, Hurricane Shutters, Irrigation System, Lighting, Private Mailbox, Sidewalk, Storage
- Deck/Patio: Covered, Rear Porch, Screened, Side Porch
- Porch/Patio/Deck: Covered, Rear Porch, Screened, Side Porch
Parking
- Parking Features: Driveway, 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, a mile down you will take a right on 15th Ave NW and the property is immediately on the left.
- Direction Faces: South
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
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Meter, Street Lights, Water Connected
Structural Information
- Architectural Info: Cottage, Florida, Other, Ranch
- Architectural Style: Cottage, Florida, Other, Ranch
- Exterior Const.: Block
- Roof: Shingle
- Windows: Blinds, Hurricane Shutters
- Stories/Levels: One
- Square Feet: 3,724
- Sq. Ft. Source: Appraiser
- Living Area: 3,724 Sq. Ft.
- Year Built: 1956
Additional Structures
- Other Structures: Additional Single Family Home, Guest House, Other, Storage
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,256
- Lot Dimensions: 163 x 112
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Lot Features: Level, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Street Paved
- Fencing (Description): Vinyl, Wood
Financial Considerations
- Tax Amount: $1,915.27
- 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, Other, Seller Property Disclosure
- APN: 27-29-15-38970-003-0050
- Property ID: 27-29-15-38970-003-0050
- Block/Lot/Section: 3
Listed by Exp Realty Llc
Sold by Coastal Properties Group International
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Schools
Schools serving 714 15th Ave NW
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 714 15th Ave NW
Date
Details
Price
Change
Source
11/17/2023
Sold
$399,649
-76.49%
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.
714 15th Avenue NW, Largo, FL 33770 (MLS# U8202301) is a Single Family property that was sold at $399,649 on November 17, 2023. Want to learn more about 714 15th Avenue NW? Do you have questions about finding other Single Family real estate for sale in Largo? You can browse all Largo real estate or contact a Coldwell Banker agent to request more information.