NOT LISTED FOR SALE
6 Beds
3 Baths
2,522 Sq Ft
0.29 Acres

Last Sold March 31, 2023

Last sale price $550,000 $218 Per Sq Ft

9 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Largo High School Rated A-
  • Central Heating and Cooling System
  • Dog Run

About This Home

As of March 2023

This is the Pinellas County multifamily property you've been waiting for - Perfect for a 1031 Exchange or a house-hack! 1983-built block triplex with three 2/1 units, ample parking, new roof (2022), newer central HVAC systems (2013, 2018, & 2018), and new exterior paint (2021). All units are currently rented, but all leases will be month to month as of 5/1/23 with an average total rent of over $1250/mo per unit (rent roll and additional details in MLS attachments). Market rent could be substantially higher with some minor improvements (mainly kitchen and bath upgrades), leaving plenty of upside and potential sweat equity for the new owners. All three units are 2/1, approx 650 sq ft each, with tile floors throughout, laundry hookups in each unit. Unit B had new kitchen with granite countertops in 2018. Tenants pay own electric (three meters), landlord pays water/sewer/garbage (one meter), but tenants contribute $75/mo each flat rate towards water bill. Units B & C have fenced yard areas. Property has a Clearwater mailing address, but is actually located inside Largo City limits (minimal restrictions on short term rentals). Listing photos were taken during previous vacancies and some paint colors may have changed.

Last Agent to Sell the Property

Jeff Copeland

COPELAND MORGAN LLC License #3326487 Listed on: 01/20/2023

Last Buyer's Agent

Lynn Rice

FLORIDA WEST COAST HOMES, LLC License #518876

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,105

Year Built

  • Built in 1983

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 95x133
  • Dog Run
  • Fenced

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,522 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Pad
  • Off-Street Parking

Schools

  • Ponce De Leon Elementary School
  • Largo Middle School
  • Largo High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Draughonland Sub Subdivision

Building Details

  • Operating Expense $16,000
  • Gross Income $45,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,105

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2522
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 12632
  • Directions to Property: From Missouri Ave, West on Auburn St to address.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: St Petersburg
  • Escrow Postal Code: 33712
  • Escrow State: FL
  • Escrow Street Name: 1st Avenue S
  • Escrow Street Number: 2931
  • List Office Head Office Key Nume: 213276151
  • RATIO Current Price By Calculate: 218.08
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: One
  • Street Number Modifier: 1736
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 234.30

Exterior Features

  • Exterior Features: Dog Run, Fence
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Off Street, Parking Pad

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Ponce de Leon Elementary-PN
  • High School: Largo High-PN
  • Middle Or Junior School: Largo Middle-PN

Lot Info

  • Zoning: R-4
  • Parcel Number: 27-29-15-22446-000-0120
  • Additional Parcels: No
  • Lot Dimensions: 95x133
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1174

Green Features

  • Green Verification Count: 0

Multi Family

  • Gross Income: 45300
  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 4105.02
  • Tax Block: 22446
  • Tax Book Number: 11-59
  • Tax Lot: 0120

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $550,000 -1.6% $218 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $559,000 +146.3% $222 / Sq Ft
07/11/2018 07/11/18 Sold $227,000 +3.2% $90 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $220,000 -- $87 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8188080

Stellar MLS