$4,800,000

11916 133RD AVENUE, Largo, FL 33778

  • 48 beds |
  • 17 baths |
  • 15,392 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $312/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Largo Legacy Townhomes represents a rare convergence of turnkey condition, strong cash flow, and meaningful upside in one of Florida's most resilient rental markets. With over $1,000,000 in completed capital improvements, a buyer acquires a like-new, 17-unit all-block asset with no deferred maintenance, no near-term capital requirements, and an income stream that begins on day one. The property is priced to reflect its renovated condition while still offering compelling returns relative to the broader market. The investment thesis is straightforward: a stabilizing, cash-flowing asset in supply-constrained Pinellas County with a rare 3-bedroom unit mix, separately metered utilities, and a clear path to NOI growth through lease-up completion and conservative annual rent increases. For investors seeking a high-quality, low-maintenance multifamily asset in the Tampa Bay market, this offering warrants serious consideration.

Listing Status:
Active
Date Added:
March 6, 2026
Data Last Updated:
March 27, 2026 at 3:24PM
Listing Office:
IMPERIO REAL ESTATE : 727-748-4017
Listing Agent:
John Pereira : 727-320-4133
MLS ID:
TB8483870
  • General: Kitchen/Family Room ComboOpen FloorplanSolid Surface CountersSolid Wood CabinetsThermostat
  • Laundry: Outside
  • A/C: Central Air
  • Heating: Central
  • General: Sidewalk
  • Roofing: Membrane
  • General: Block
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Pinellas
  • Zoning: RM-15RIDGECREST ACRES UNIT 3 BLK DLOT 2409-30-15-74808-004-0240
  • Utilities: Electricity ConnectedPublicWater - Multiple MetersWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of John Pereira , IMPERIO REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Ridgecrest Elementary

1901 119th St, Largo, FL, 33778

Grades KG-5

0.39 miles away

P

Plato Seminole

10888 126th Ave, Largo, FL, 33778

Grades KG-8

0.99 miles away

D

Dropout Prevention School

301 4th St SW, Largo, FL, 33770

Grades PK-12

1.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.