1500 Clearwater Largo Road North
1500 Clearwater Largo Road North
Largo, FL 33770
$1,067,000
Last Sold Price
10
Beds
3,724 Sq. Ft.
$287 / Sq. Ft.
3,724
Sq. Ft.
$287
per Sq. Ft.
Sold 11/10/23
Sold 11/10/23
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...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.
- Listed by Josh Neighoff • EXP REALTY LLC
Property Details for 1500 Clearwater Largo Road North
Subdivision Name
HIGHLAND PARK
Township29
WaterfrontNo
FurnishedTurnkey
Location
Listing Courtesy of EXP REALTY LLC, Josh Neighoff
Sold By COASTAL PROPERTIES GROUP INTERNATIONAL, Kerryn Ellson
Add your commute
LISTING UPDATED: 11/13/2023 04:42 PM
Property Details for 1500 Clearwater Largo Road North
| Status | Sold |
|---|---|
| MLS # | U8202296 |
| Days on Market | 48 |
| Taxes | $6,102 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Multi-Family |
| Year Built | 1948 |
| Lot Size | 0.42 AC / 18,256 SF |
| County | Pinellas County |
Location
Listing Courtesy of EXP REALTY LLC, Josh Neighoff
Sold By COASTAL PROPERTIES GROUP INTERNATIONAL, Kerryn Ellson
Add your commute
Building Information for 1500 Clearwater Largo Road North
Stories-Residences5Year Built1948Building Size-Lot Size0.42 AC / 18,256 SF
Payment Calculator
$6,332 per month
30 year fixed, 7.25% Interest
Principal and Interest
$5,823
Property Taxes
$509
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1500 Clearwater Largo Road North
Summary
Location and General Information
- Building Area Source: Appraiser
- Building Area Total: 4222.0
- Building Area Units: Square Feet
- 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.
- Elementary School: Mildred Helms Elementary-PN
- Middle Or Junior School: Largo Middle-PN
- High School: Largo High-PN
- Mls Major Change Type: Sold
- Major Change Type: Closed
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 1500
- Street Name: CLEARWATER LARGO
- Street Suffix: ROAD
- Street Direction Suffix: N
- State: FL
- City: LARGO
Parking
- Attached Garage: No
- Available For Lease: Yes
- Carport: No
- Garage: No
- Parking Features: Assigned, Driveway, Guest, Off Street
Taxes and HOA Information
- Association Approval Required: No
- Association: No
- CDD: No
- Tax Block: 3
- Tax Book Number: 9-24
- Tax Legal Description: HIGHLAND PARK BLK 3, LOTS 3, 4, AND 5
- Tax Lot: 3
- Tax Year: 2022
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/U8202296
Property
Lot Information
- Additional Parcels Description: 27-29-15-38970-003-0050
- Additional Parcels: Yes
- Lot Features: Corner Lot, Landscaped, Level/Flat, Near Marina, Near Public Transit, Oversized Lot
- Lot Size Dimensions: 112x163
- Parcel Number: 27-29-15-38970-003-0030
- Total Acreage: 1/4 to less than 1/2
- Total Num Buildings: 5
- Water Access: No
- Water Extras: No
- Living Area: 3724
- Lot Dimensions: 112x163
Property and Assessments
- Year Built Numeric: 1948
- Flood Zone Code: X
- Homestead: No
- New Construction: No
- Number Of Lots: 2
- Property Condition: Completed
- Public Survey Range: 15
- Public Survey Section: 27
Utilities
- Sewer: Public Sewer
- Utilities: BB/HS Internet Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Meter, Water - Multiple Meters, Water Connected
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Construction Materials: Block
- Exterior Features: Courtyard, Dog Run, Fenced, Garden, Irrigation System, Lighting, Other, Private Mailbox, Sidewalk, Storage
- Foundation Details: Slab
- Other Structures: Guest House, Other, Storage
- Patio And Porch Features: Covered, Enclosed, Patio, Rear Porch, Screened, Side Porch
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Membrane, Shingle
- Security Features: Smoke Detector(s)
- Spa: No
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 10
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Cooling: Central Air, Mini-Split Unit(s)
- Fireplace: No
- Flooring: Ceramic Tile, Tile, Vinyl
- Heating: Central, Exhaust Fans, Wall Units / Window Unit
- Interior Features: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Laundry Features: Inside, Laundry Room
- Living Area Source: Appraiser
- Living Area Units: Square Feet
- Water View: No
- Window Features: Blinds
Multi Family
Multi-Family Information
- Annual Net Income: $166,872.00
- Gross Income: $207,776
- Unit Count: 5
Unit 1
- Unit Type Baths Total 1: 2
- Unit Type Beds Total 1: 6
- Unit Type Heated Sq Ft 1: 1228
- Unit Type Number Of Units Occupied 1: 0
- Unit Type Pro Forma 1: 5900
- Unit Type Type 1: 3 Bed/2 Bath
- Unit Type Units Total 1: 1
Unit 2
- Unit Type Baths Total 2: 1
- Unit Type Beds Total 2: 1
- Unit Type Heated Sq Ft 2: 640
- Unit Type Number Of Units Occupied 2: 0
- Unit Type Pro Forma 2: 2850
- Unit Type Type 2: 1 Bed/1 Bath
- Unit Type Units Total 2: 1
Unit 3
- Unit Type Baths Total 3: 1
- Unit Type Beds Total 3: 1
- Unit Type Heated Sq Ft 3: 576
- Unit Type Number Of Units Occupied 3: 0
- Unit Type Pro Forma 3: 2850
- Unit Type Type 3: 1 Bed/1 Bath
- Unit Type Units Total 3: 1
Unit 4
- Unit Type Baths Total 4: 1
- Unit Type Beds Total 4: 1
- Unit Type Heated Sq Ft 4: 640
- Unit Type Number Of Units Occupied 4: 0
- Unit Type Pro Forma 4: 2850
- Unit Type Type 4: 1 Bed/1 Bath
- Unit Type Units Total 4: 1
Unit 5
- Unit Type Baths Total 5: 1
- Unit Type Beds Total 5: 1
- Unit Type Heated Sq Ft 5: 640
- Unit Type Number Of Units Occupied 5: 0
- Unit Type Pro Forma 5: 2850
- Unit Type Type 5: 1 Bed/1 Bath
- Unit Type Units Total 5: 1
Rental
Rental Information
- Minimum Lease Period: 0
Property History for 1500 Clearwater Largo Road North
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1500 Clearwater Largo Road North
Taxable ValueLand-Additions-Total-
Tax Record2023$4,968 ($414 / month)
Home Facts
Beds0Baths4Total Finished SqFt640 SqFtAbove Grade Finished SqFt640 SqFtStories1Lot Size12,637 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1973CountyPINELLASAPN27-29-15-38970-003-0030
Schools near 1500 Clearwater Largo Road North
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 12 | |||
| Public - | 6 to 8 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Mildred Helms Elementary School PublicPK to 5 | ||
Largo High School PublicPK to 12 | ||
Largo Middle School Public6 to 8 | ||
Pinellas Virtual School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of EXP REALTY LLC, Josh Neighoff
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/13/2023 04:42 PM
