185 Fulton Street NE
Largo, FL 33771
- 8 beds
- 4 baths
- 3,040 sqft
- 9,230 sqft lot
- $295 per sqft
- 1971 build
- – on site
$100,000 price reduction!! Seller motivated! Turnkey 4 unit apartment building located off East bay and Keene rd. Priced at a 7.4 cap, 2 units are rented at $2,000/month and other 2 units are rented at $1,600/month. Bringing in $7,200 month and $86,400 annually with room to increase rents all to $2,000/month and bring it up to a gross income of $96,000 annually (8.5 cap rate). Extremely desirable rental location, next to the new largo townhall. This area is growing exponentially with major investments coming within minutes of this location. Easy access to shopping malls, banks, grocery stores, schools, fitness centers etc... BONUS- property is on a lake with 62 feet of water frontage. All units are 2 bedroom / 1 bath with laundry/storage rooms, all units have tile flooring throughout. This is a cash-flowing property with substantial upside with minimal needed. Don’t miss your chance to bring this building to its full potential and build serious value in a hot rental market.
Last checked:
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Checking…
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Last updated Feb 27, 2025
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MLS# TB8312488 —
The Building
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Year Built:1971
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New Construction:false
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Construction Materials:Block
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Levels:One
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Roof:Shingle
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Foundation Details:Slab
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Patio And Porch Features:Side Porch
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# of Buildings:1
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Building Area Total:3080
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Tile
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Additional Rooms:Inside Utility
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Fireplace:false
Room Dimensions
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Living Area:3040
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Going west on East Bay, turn on to Fulton Street, building is on the right-hand side
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Latitude:27.918134
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Longitude:-82.753863
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Coordinates:-82.753863, 27.918134
The Property
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Parcel Number:362915501480000120
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Size Acres:0.21
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Lot Size Area:9230
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Lot Size SqFt:9230
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Lot Size Dimensions:62 x 150
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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View:Water
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View:true
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Exterior Features:Fenced
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Water Source:Public
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Road Responsibility:Public Maintained Road
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Flood Zone Panel:12103C0117J
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Additional Parcels:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 301-8042
- Office phone:
- (727) 398-2774
Taxes
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Tax Year:2023
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Tax Lot:12
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Tax Legal Description:LARGO LAKE APARTMENTS LOT 12
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Tax Book Number:63-27
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Tax Annual Amount:5872
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8312488
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Connected
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Sewer:Public Sewer
Appliances
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Appliances:Microwave
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Laundry Features:Inside
Schools
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Elementary School:Belcher Elementary-PN
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Middle Or Junior School:Largo Middle-PN
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High School:Largo High-PN
The Community
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Subdivision Name:LARGO LAKE APTS
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Senior Community:false
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Waterview:Pond
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Waterview:true
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Water Access:Pond
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Water Access:true
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Waterfront:true
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Waterfront Features:Pond
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Pool Private:false
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
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Waterfront Feet Total:62
Parking
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Garage:false
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Carport:false
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Open Parking:true
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Parking Features:Assigned
Extra Units
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Other Structures:Storage
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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2/24/25
Feb 24, 2025
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Price Changed | STELLAR_MLS | $899,000 | -10.0% |
|
12/2/24
Dec 2, 2024
|
Listed / Active | STELLAR_MLS | $999,000 |
