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INVESTMENT HIGHLIGHTS
- Retail Units Occupied by Long-Term Tenants
- High-Traffic Corridor Location on Clearwater Largo Rd
- Fully Renovated Apartments – move-in ready condition
- Diversified Income Stream: Commercial + Residential
EXECUTIVE SUMMARY
Exceptional opportunity to acquire an income-producing mixed-use portfolio located on the highly traveled Clearwater Largo Road corridor in the heart of Pinellas County. This asset consists of 3 retail storefronts and 4 fully renovated apartment units, delivering a strong, diversified income stream in a prime Pinellas County location. The retail component is supported by long-term tenants, providing stability and consistent cash flow. The residential units have been fully renovated and are positioned well for today’s rental demand, with excellent potential for short-term rental / Airbnb income. With great frontage, visibility, and accessibility, the property sits near major shopping, dining, and commuter routes, and just minutes from Clearwater Beach and the Gulf Coast. This Asset include 7 Total Units: 3 Retail + 4 Apartments, Two Retail Units Occupied by Long-Term Tenants Stable Cash Flow & Reduced Vacancy Risk, Fully Renovated Apartments – move-in ready condition NEW ROOF, Strong Airbnb / Short-Term Rental Potential, High-Traffic Corridor Location on Clearwater Largo Rd, Diversified Income Stream: Commercial + Residential, Ideal for 1031 exchange buyers, cash-flow investors, and portfolio expansion. This is a rare chance to own a well-located mixed-use asset offering steady income today with future upside through residential rent growth and operational income improvements.
TAXES & OPERATING EXPENSES (PRO FORMA - 2026) |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$274,437
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$274,437
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$40,606
|
| Net Operating Income |
$233,831
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $274,437 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $274,437 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,606 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $233,831 |
PROPERTY FACTS
| Price | $3,333,480 CAD | Status | Active |
| Price / SF | $328.45 CAD / SF | Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.33% | Total Building Size | 10,149 SF |
| Sale Type | Investment | Total Land Area | 1.69 AC |
| Price | $3,333,480 CAD |
| Price / SF | $328.45 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.33% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 10,149 SF |
| Total Land Area | 1.69 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 556-558 Clearwater Largo Rd, Largo, FL 33770 | Multifamily | 3,340 SF | - | - |
| 554 Clearwater Largo Rd N, Largo, FL 33770 | Retail | 4,085 SF | 1957 | - |
| 552 Clearwater Largo Rd N, Largo, FL 33770 | Retail | 2,724 SF | 1978 | - |
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Calle Largo Plaza - MIX USE
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