4124 Harbor Cir S 3,130 SF Specialty Building Offered at $2,500,000 at a 5.40% Cap Rate in Largo, FL 33770

Elite Turnkey Hospitality Asset | 5.40% Pro-Forma Cap Rate
4124 Harbor Cir S represents a rare opportunity to acquire a fully stabilized, high-yield luxury hospitality business disguised as a prime waterfront estate. Located in the highly desirable Largo/Belleair submarket of Pinellas County, this expansive 6-bedroom, 3-bathroom waterfront property is fully optimized as a luxury short-term rental (STR) catering to the highly resilient and lucrative large-group travel segment (accommodating up to 22 guests).
Unlike traditional residential investments or long-term rentals, this asset operates with institutional-grade average daily rates (ADR) and transfers to the buyer with a complete operational infrastructure in place.
Financial & Operational Highlights
Proven Premium ADR: Historical trailing data (Jan 1 – May 25, 2026) demonstrates a spectacular Average Nightly Price of $1,001.84 and an average revenue per stay of $5,266.24, proving a highly profitable, long-stay guest profile.
Insulated Margins via Solar Infrastructure: Operating expenses are heavily protected against inflation and utility spikes thanks to an owned, modern solar power system that drastically reduces standard monthly overhead and maximizes the net bottom line.
Stabilized Pro-Forma Metrics: Gross Annual Revenue is conservatively projected at $215,000 with an estimated Net Operating Income (NOI) of $135,001, yielding a strong 5.40% Cap Rate at the $2.5M asking price.
Robust Multi-Channel Distribution: Highly optimized across a diversified booking mix split evenly between Vrbo and Airbnb Pro, entirely automated via the Hostaway channel management platform.
Transaction & Delivery Details
Immediate Cash Flow: Property is delivered vacant and available for immediate operational takeover at closing.
Pipeline Transfer: A robust forward-booking pipeline for the summer months (featuring heavily blocked calendars and peak holiday premium rates up to $1,440/night) can be seamlessly transferred to the buyer, eliminating the traditional 6-to-12-month platform "ramp-up" phase.
Hands-Off Operations: All historical reviews, platform listings, optimized algorithms, and smart-system integration data transfer directly to the next owner, making this a true day-one, passive investment asset.