Vinnie Stulic
REALTOR®
BEDS48
BATHS
SQUARE FEET15,392
MLS#TB8483870
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRIDGECREST ACRES
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.21 Acres
Roof Type: Membrane
Taxes: $7,696
Year Built: 1964
Amenities
Kitchen/Family Room Combo
Open Floorplan
Solid Surface Counters
Solid Wood Cabinets
Thermostat
Sidewalk
Feature Descriptions
Annual Net Income: 355640.00
Days on Site: 13
Directions: W on Ulmerton to light at cross street 119th St, first right on 133rd, complex on the left.
Exterior: Block
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.21
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Call Listing Agent, Call Owner, Do Not Contact Tenants, Listing Agent Must Accompany
Special Sale Provisions: None
Units: 17
Utilities: Electricity Connected, Public, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RM-15
Listed By / Shown By
Listed By
Agency Name: IMPERIO REAL ESTATE
Agency Contact: 727-748-4017
Shown By
Agent Name: Vinnie Stulic
Agent Phone:
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 12,724.05 per month $10,682.72 Principal & Interest $641.33 Property Tax $1,400.00 Homeowner's InsuranceChange Payment Information
Vinnie Stulic
Cell: (727) 642-6543
Email Me
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11916 133rd Avenue | MLS# TB8483870
This multi-family property located at 11916 133rd Avenue , Largo, FL 33778 is currently listed for sale with an asking price of $4,800,000. Search Largo real estate on vstulic.floridaexecutiverealty.com today.