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11916 133rd Ave
For Sale $4,800,000 ($311.85 per Sq Ft)
$4,800,000 ($311.85 per Sq Ft)
- 17 Units
- 15,392 Sq Ft
- 9,030 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,800,000 |
| Property Type | Multi-Family |
| Usable Sqft | 15,392 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1964 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 093015748080040240 |
| MLS # | TB8483870 |
| Property ID | 322650678 |
| Lot Sqft | 9,030 |
| Zoning | RM-15 |
| Total Units | 17 |
| Days on Market | 82 |
| Original List Price | $4,800,000 |
| Date Updated | March 07, 2026 |
| Date Created | March 06, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
John Pereira an agent of . Lic #3214892
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of March 07, 2026 The information being provided is 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.
Robert Crawford
REAL ESTATE AGENT