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115 CLEVELAND AVENUE

Commercial For Sale
$850,000

BTC: 10.36585366

ETH: 349.50657895

New
0 room(s)
2,354 sqft

Overview

The property is actually a 5-plex. (all 1/1's) features a thoughtful mix of rental options, including traditional long-term leases and flexible mid-term arrangements for a duration of 90 days or more. Of the five available units, three are currently designated for long-term rentals, providing stable and reliable income. The remaining two units are successfully rented on a mid-term basis through popular platforms such as Airbnb, VRBO, and Furnished Finders, catering to a growing market of travelers and professionals seeking temporary accommodations. All units boast a private & fenced outdoor space. This property sits outside the requirement for flood insurance. This property is ideally suited for anyone looking to enter the lucrative world of Airbnb rentals. With the current setup already established and operational, it offers a seamless transition for new investors seeking to make their mark in the rental market. For seasoned investors, this property represents a fantastic addition to an existing portfolio, enhancing diversification and revenue potential. Units easily converted to all traditional rentals or all midterm rentals with the addition or omission of furnishings.

Location

Florida • LARGO • 33770 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1960
Lot:
0.20 Acres
Heating:
Electric
Price/sqft:
$361
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$862,500
$574K – $1.3M
Confidence Low
List vs. estimate
At estimate
List $850,000 · -1.4%
List is in line with recent comparable activity.
Price per sq ft
$361
+88.3% vs. city median $191
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,220
2024
All facts and features

  • Heating

    • Electric

    Cooling

    • Mini-Split Unit(s)

  • Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 342915973980060060

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $10,221

  • Source details

    • MLS ID: TB8557882

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 2354

    • Water Source: Public

    • Lot Size Dimensions: 78 x 110

    • Subdivision Name: WHITEHURSTS & OTHERS ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33770
163
median $349K
Active
Same city
LARGO
603
median $315K
Active
Same type
Commercial
48
median $599K
Active
Similar price
$595K – $1.1M
72
median $735K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC