11916 133RD AVENUE, Largo, FL 33778

• 48 beds |
• 17 baths |
• 15,392 sqft

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:

May 17, 2026 at 12:23PM

Listing Office:

IMPERIO REAL ESTATE : 727-748-4017

Listing Agent:

John Pereira : 727-320-4133

MLS ID:

TB8483870

Interior

• General: Kitchen/Family Room ComboOpen FloorplanSolid Surface CountersSolid Wood CabinetsThermostat
• Laundry: Outside
• A/C: Central Air
• Heating: Central

Exterior

• General: Sidewalk

Construction

• Roofing: Membrane
• General: Block

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: RM-15RIDGECREST ACRES UNIT 3 BLK DLOT 2409-30-15-74808-004-0240

Utilities

• Utilities: Electricity ConnectedPublicWater - Multiple MetersWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple