$999,000 for Sale
199 fulton street, largo, FL 33771
| Beds 8 | Baths 4 | 3,040 Sqft | 0.21 Acres |
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Property Description
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.
General Information
Sale Price: $999,000
Price/SqFt: $329
Status: Active
MLS#: TB8312471
City: largo
Post Office: largo
Schools: largo high-pn
County: Pinellas
Subdivision: largo lake apts
Acres: 0.21
Bedrooms:8
Bathrooms:4
House Size: 3,040 sq.ft.
Acreage: 0.21 est.
Year Built: 1971
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Block, Stucco
Exterior Misc: Fenced, Lighting, Sidewalk, Sliding Doors, Storage
Basement: No
Foundation : Slab
Appliances: Microwave, Range, Refrigerator
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $5,872
Legal Description: LARGO LAKE APARTMENTS LOT 11
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that 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. Listing By: Evan Perrett of CENTURY 21 RE CHAMPIONS, Phone: 727-398-2774
