714 15th Avenue Northwest

Largo, FL 33770

$399,649
Last Sold Price
7
Beds
6
Baths
3,724 Sq. Ft.
$107 / Sq. Ft.
3,724
Sq. Ft.
$107
per Sq. Ft.

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...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.
  1. Listed by Josh Neighoff • EXP REALTY LLC

Property Details for 714 15th Avenue Northwest

Architectural Style
Cottage, Florida, Other, Ranch
Subdivision Name
HIGHLAND PARK
Township
29
View
Garden
Waterfront
No
Furnished
Turnkey

Location

Listing Courtesy of EXP REALTY LLC, Josh Neighoff

Sold By COASTAL PROPERTIES GROUP INTERNATIONAL, Kerryn Ellson

Add your commute
LISTING UPDATED: 12/09/2023 03:41 PM

Property Details for 714 15th Avenue Northwest

StatusSold
MLS #U8202301
Days on Market61
Taxes$1,915 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1956
Lot Size0.42 AC / 18,256 SF
CountyPinellas County

Location

Listing Courtesy of EXP REALTY LLC, Josh Neighoff

Sold By COASTAL PROPERTIES GROUP INTERNATIONAL, Kerryn Ellson

Add your commute

Building Information for 714 15th Avenue Northwest

Stories1Year Built1956Building Size-Lot Size0.42 AC / 18,256 SF

Payment Calculator

$2,341 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,181

Property Taxes

$160

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 714 15th Avenue Northwest

Summary
Location and General Information
  • Building Area Source: Appraiser
  • Building Area Total: 4222.0
  • Building Area Units: Square Feet
  • Direction Faces: South
  • 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.
  • Elementary School: Mildred Helms Elementary-PN
  • Middle Or Junior School: Largo Middle-PN
  • High School: Largo High-PN
  • Other Equipment: Irrigation Equipment
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 714
  • Street Name: 15TH
  • Street Suffix: AVENUE
  • Street Direction Suffix: NW
  • State: FL
  • City: LARGO
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Driveway, 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: 5
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 27-29-15-38970-003-0030
  • Additional Parcels: Yes
  • Lot Features: Landscaped, Level/Flat, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Street Paved
  • Lot Size Dimensions: 163x112
  • Parcel Number: 27-29-15-38970-003-0050
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: No
  • Water Extras: No
  • Living Area: 3724
  • Lot Dimensions: 163x112
Property and Assessments
  • Year Built Numeric: 1956
  • Building Elevator: No
  • 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, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Meter, Street Lights, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Courtyard, Dog Run, Garden, Hurricane Shutters, Irrigation System, Lighting, Private Mailbox, Sidewalk, Storage
  • Fencing: Vinyl, Wood
  • Foundation Details: Slab
  • Levels: One
  • Other Structures: Additional Single Family Home, Guest House, Other, Storage
  • Patio And Porch Features: Covered, Rear Porch, Screened, Side Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Vegetation: Fruit Trees, Mature Landscaping, Oak Trees, Trees/Landscaped
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 7
  • Bathrooms Full: 6
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air, Mini-Split Unit(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Tile, Vinyl
  • Heating: Central
  • Interior Features: Built in Features, Ceiling Fans(s), Crown Molding, 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
  • Room Count: 4.0
  • Water View: No
  • Window Features: Blinds
  • Bathrooms Half: 0
Room 1
  • Room Level 1: First
  • Room Type 1: Family Room
Room 2
  • Room Level 2: First
  • Room Type 2: Kitchen
Room 3
  • Room Level 3: First
  • Room Type 3: Living Room
Room 4
  • Room Level 4: First
  • Room Type 4: Primary Bedroom
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 714 15th Avenue Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 714 15th Avenue Northwest

Taxable ValueLand-Additions-Total-
Tax Record2023$2,872 ($239 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,148 SqFtAbove Grade Finished SqFt1,148 SqFtStories1Lot Size5,576 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1974CountyPINELLASAPN27-29-15-38970-003-0050

Schools near 714 15th Avenue Northwest

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Mildred Helms Elementary School
PublicPK to 5

Largo High School
PublicPK to 12

Largo Middle School
Public6 to 8

Charles Britt Academy
Public6 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.

Similar Homes

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Similar Sold Homes

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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: 12/09/2023 03:41 PM