115 CLEVELAND Avenue, Largo, FL 33770
sale
$850,000
|
Other
Courtesy Of eXp Realty LLC
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.
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Property Features
- Age: Over 50 Years Old
- Building Units: 5
- Exterior Type: Block
- Heating System: Electric (Heating)
- Legal Description: WHITEHURST'S & OTHERS ADD BLK 6, LOT 6
- MLSID: TB8557882
- Roof Type: Built-Up
- Roof Type: Membrane
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