334 4th St SW | Largo, FL 33770
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334 4th St SW
Largo, FL 33770
THE HARBOR BLUFFS APARTMENTS IN LARGO! · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- 8-UNIT APARTMENT COMPLEX LOCATED IN THE HEART OF DOWNTOWN LARGO, FL! JUST MINUTES FROM WORLD-FAMOUS CLEARWATER BEACH!
- 2023 CAP RATE: 7.7% 2024 CAP RATE: 9% 2024 CASH-ON-CASH RETURN: 15%
- EASY TO MANAGE FOR SOMEONE LOCAL OR AN OUT-OF-STATE INVESTOR!
- BOTH ROOFS WERE REPLACED IN 2020! ON-SITE LAUNDRY FACILITY, PRODUCING ADDITIONAL INCOME FOR THE OWNERS!
- 2025 CAP RATE: 9.5% 2025 CASH-ON-CASH RETURN: 18%
- THIS IS AN AMAZING VALUE-ADD OPPORTUNITY TO PURCHASE PRIME REAL ESTATE IN DOWNTOWN LARGO!
PROPERTY FACTS
| No. Units | 8 | Building Size | 7,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2023 |
| Building Class | C | Parking Ratio | 2.57/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | MF - MF | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 7,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2023 |
| Parking Ratio | 2.57/1,000 SF |
| Zoning | MF - MF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Ceiling Fans
- Tile Floors
- Crown Molding
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- Ice Maker
- Refrigerator
- Carpet
- Wi-Fi
- Breakfast Nook
- Dining Room
- Family Room
- Framed Mirrors
- Garden
- Instant Hot Water
- Island Kitchen
- Lawn
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Gas Range
- Vintage Building
- Wi-Fi
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | - | 875 - 900 |
PROPERTY TAXES
| Parcel Number | 34-29-15-97398-010-0080 | Improvements Assessment | $272,418 |
| Land Assessment | $212,582 | Total Assessment | $485,000 |
PROPERTY TAXES
Parcel Number
34-29-15-97398-010-0080
Land Assessment
$212,582
Improvements Assessment
$272,418
Total Assessment
$485,000
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