$550,000
$559,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,522 SqFt
SOLD DATE : 03/31/2023
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,522 sqft
Price per Sqft $218
Subdivision Draughonland Sub
MLS Listing ID U8188080
Sold Date 03/31/23
Bedrooms 6
HOA Y/N No
Originating Board Stellar MLS
Year Built 1983
Annual Tax Amount $4,105
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 95x133
Property Description
This is the Pinellas County multifamily property you've been waiting for - Perfect for a 1031 Exchange or a house-hack! 1983-built block triplex with three 2/1 units, ample parking, new roof (2022), newer central HVAC systems (2013, 2018, & 2018), and new exterior paint (2021). All units are currently rented, but all leases will be month to month as of 5/1/23 with an average total rent of over $1250/mo per unit (rent roll and additional details in MLS attachments). Market rent could be substantially higher with some minor improvements (mainly kitchen and bath upgrades), leaving plenty of upside and potential sweat equity for the new owners. All three units are 2/1, approx 650 sq ft each, with tile floors throughout, laundry hookups in each unit. Unit B had new kitchen with granite countertops in 2018. Tenants pay own electric (three meters), landlord pays water/sewer/garbage (one meter), but tenants contribute $75/mo each flat rate towards water bill. Units B & C have fenced yard areas. Property has a Clearwater mailing address, but is actually located inside Largo City limits (minimal restrictions on short term rentals). Listing photos were taken during previous vacancies and some paint colors may have changed.
Location
State FL
County Pinellas
Community Draughonland Sub
Zoning R-4
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Laundry In Kitchen
Exterior
Exterior Feature Dog Run, Fence
Parking Features Off Street, Parking Pad
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Schools
Elementary Schools Ponce De Leon Elementary-Pn
Middle Schools Largo Middle-Pn
High Schools Largo High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with FLORIDA WEST COAST HOMES, LLC
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