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199 Fulton Street NE

Largo, FL 33771

8 beds
4 baths
3,040 sqft
9,248 sqft lot
$328 per sqft
1971 build
– on site

Turnkey fully occupied 4-unit apartment building located right off east bay and Keene rd. Extremely desirable rental location, next to the new drive thru wawa, raising canes, new shopping centers being built, new largo townhall almost completed. This area is growing exponentially with major investments coming within minutes of this location. Walking distance to shopping malls, banks, grocery stores, schools, etc... BONUS- property is on a lake with 62 feet of water frontage! 3 units are rented at $1,500/month, while the 4th unit was recently renovated and is pulling in a premium $2,500/month! That’s proof of the earning potential awaiting you with the remaining units. Owner's expenses are taxes, insurance, a monthly repair budget, and water, trash, sewer are included in the rents. All units are 2 bedroom / 1 bath with laundry/storage rooms, all have tile flooring throughout. Recent upgrades include a new drainage system for the lake in the back, exterior paint, and updated lighting. This is a cash-flowing property with substantial upside. Don’t miss your chance to bring this building to its full potential and build serious value in a hot rental market. Seller has another identical 4 unit listed with our office for sale next door 185 Fulton St (MLS #TB8312488) they prefer to sell together for a total of 8 units. One or both of the buildings can be bought, fixed, and flipped for a handsome profit, or you can add value, refinance, and hold these assets as cash flowing rentals. Call for more information on the property. All information must be verified by buyer and their agent.

Listing courtesy of STELLAR_MLS / CENTURY 21 RE CHAMPIONS

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# TB8312471 —

The Building

Year Built:

1971
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Side Porch
# of Buildings:

1
Building Area Total:

3080
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Tile
Additional Rooms:

Inside Utility
Fireplace:

false

Room Dimensions

Living Area:

3040
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Going west on East Bay, turn on to Fulton Street, building is on the right hand side
Latitude:

27.918303
Longitude:

-82.753865
Coordinates:

-82.753865, 27.918303

The Property

Parcel Number:

362915501480000110
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Features:

Sidewalk
Lot Size Acres:

0.21
Lot Size Area:

9248
Lot Size SqFt:

9248
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
View:

Water
View:

true
Exterior Features:

Fenced
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12103C0117J
Additional Parcels:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

11
Tax Legal Description:

LARGO LAKE APARTMENTS LOT 11
Tax Book Number:

63-27
Tax Annual Amount:

5872

Beds

Bedrooms Total:

8

Baths

Total Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8312471
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Microwave
Laundry Features:

Inside

Schools

Elementary School:

Belcher Elementary-PN
Middle Or Junior School:

Largo Middle-PN
High School:

Largo High-PN

The Community

Subdivision Name:

LARGO LAKE APTS
Senior Community:

false
Water View:

Pond
Water View:

true
Water Access:

Pond
Water Access:

true
Waterfront:

true
Waterfront Features:

Pond
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false
Waterfront Feet Total:

62

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Assigned

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/2/24 Dec 2, 2024	Listed / Active	STELLAR_MLS	$999,000

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This multifamily located in Largo, FL 33771 is currently for sale for $999,000. 199 Fulton Street NE is a 3,040 square foot multifamily with 8 beds and 4 baths that has been on Estately for 20 days. This multifamily is in the attendance area of Largo High School, Largo Middle School, and Belcher Elementary School.

Listing Courtesy of: STELLAR_MLS and CENTURY 21 RE CHAMPIONS.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.