Log In/Sign Up
Your email has been sent.
714 1st Ave SW 1,880 SF 100% Leased Retail Building Largo, FL 33770 $390,000 ($207.45/SF) 11.22% Cap Rate
Investment Highlights
- Three adaptable units – ideal for residential or commercial use.
- Prime downtown Largo location – near City Hall, Central Park, bus station, and major businesses.
- Storefront unit – perfect for retail, office, or service business.
- Fully renovated in 2025 – new roof, insulation, ceilings, doors, windows, electrical & plumbing.
- Close to beaches – only 3.5 miles from Belleair & Clearwater Beach.
- Storefront unit – perfect for retail, office, or service business.
Executive Summary
Price decreased for a CASH PURCHASE. High Yield Multi-Family Perfect 1031 Exchange replacement Property .
Fully renovated, multi-use property in the heart of downtown Largo. Complete renovation 2025 including roof.
Gross income $54000, Fixed Core Expenses $6000 Turn-Key Operational Reserve $1080 Total Real Expenses $ 7080 , 86.9% Net profit margin
Multi-Family/Retail 3 units suitable for residential or commercial purposes, making it an ideal investment opportunity. Located just minutes from top-rated beaches and surrounded by major businesses, City Hall, and Central Park, this property combines convenience with growth potential. With MIXED USE and short-term rental zoning approval, it’s perfect for investors, entrepreneurs, or those seeking a prime location for their business. At least 48 hour notice required to view property. No wholesalers. ROI is 13%.
Seller financing, owner financing available with 495K base, 140k down, 6% interest for 3-5 years with balloon at the end.
Fully renovated, multi-use property in the heart of downtown Largo. Complete renovation 2025 including roof.
Gross income $54000, Fixed Core Expenses $6000 Turn-Key Operational Reserve $1080 Total Real Expenses $ 7080 , 86.9% Net profit margin
Multi-Family/Retail 3 units suitable for residential or commercial purposes, making it an ideal investment opportunity. Located just minutes from top-rated beaches and surrounded by major businesses, City Hall, and Central Park, this property combines convenience with growth potential. With MIXED USE and short-term rental zoning approval, it’s perfect for investors, entrepreneurs, or those seeking a prime location for their business. At least 48 hour notice required to view property. No wholesalers. ROI is 13%.
Seller financing, owner financing available with 495K base, 140k down, 6% interest for 3-5 years with balloon at the end.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,880 SF
Building Class
C
Year Built
1953
Price
$390,000
Price Per SF
$207.45
Cap Rate
11.22%
NOI
$43,758
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
Mixed Use - Mixed Use.
Parking
6 Spaces (3.19 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 34-29-15-37224-002-0090 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $185,054 |
Property Taxes
Parcel Number
34-29-15-37224-002-0090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$185,054
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
714 1st Ave SW