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714 1st Ave SW 1,880 SF 100% Leased Retail Building Largo, FL 33770 $603,603 CAD ($321.07 CAD/SF) 10.20% Cap Rate
Investment Highlights
- Three adaptable units – ideal for residential or commercial use.
- Prime downtown Largo location – near City Hall, Central Park, bus station, and major businesses.
- Storefront unit – perfect for retail, office, or service business.
- Fully renovated in 2025 – new roof, insulation, ceilings, doors, windows, electrical & plumbing.
- Close to beaches – only 3.5 miles from Belleair & Clearwater Beach.
- Storefront unit – perfect for retail, office, or service business.
Executive Summary
Price decreased for a CASH PURCHASE. High Yield Multi-Family Perfect 1031 Exchange replacement Property .
Fully renovated, multi-use property in the heart of downtown Largo. Complete renovation 2025 including roof.
Gross income $54000, Fixed Core Expenses $6000 Turn-Key Operational Reserve $1080 Total Real Expenses $ 7080 , 86.9% Net profit margin
Multi-Family/Retail 3 units suitable for residential or commercial purposes, making it an ideal investment opportunity. Located just minutes from top-rated beaches and surrounded by major businesses, City Hall, and Central Park, this property combines convenience with growth potential. With MIXED USE and short-term rental zoning approval, it’s perfect for investors, entrepreneurs, or those seeking a prime location for their business. At least 48 hour notice required to view property. No wholesalers. ROI is 13%.
Seller financing, owner financing available with 495K base, 140k down, 6% interest for 3-5 years with balloon at the end.
Fully renovated, multi-use property in the heart of downtown Largo. Complete renovation 2025 including roof.
Gross income $54000, Fixed Core Expenses $6000 Turn-Key Operational Reserve $1080 Total Real Expenses $ 7080 , 86.9% Net profit margin
Multi-Family/Retail 3 units suitable for residential or commercial purposes, making it an ideal investment opportunity. Located just minutes from top-rated beaches and surrounded by major businesses, City Hall, and Central Park, this property combines convenience with growth potential. With MIXED USE and short-term rental zoning approval, it’s perfect for investors, entrepreneurs, or those seeking a prime location for their business. At least 48 hour notice required to view property. No wholesalers. ROI is 13%.
Seller financing, owner financing available with 495K base, 140k down, 6% interest for 3-5 years with balloon at the end.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,880 SF
Building Class
C
Year Built
1953
Price
$603,603 CAD
Price Per SF
$321.07 CAD
Cap Rate
10.20%
NOI
$61,568 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
Mixed Use - Mixed Use.
Parking
6 Spaces
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 34-29-15-37224-002-0090 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $262,131 CAD |
Property Taxes
Parcel Number
34-29-15-37224-002-0090
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$262,131 CAD
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Presented by
Natalia Sivova
714 1st Ave SW
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