Largo, FL 33774

This exceptional Largo property offers a unique investment opportunity. The 4,524 square foot, two-level building sits on a desirable 0.52-acre lot, boasting a large yard and ample parking. Currently, the upper level houses a retail store with outdoor space, benefiting from its high-traffic location—just 200 feet from a Wawa. The lower level is divided into three separate units, currently leased, but easily adaptable into three one-bedroom apartments (or a mix of one- and two-bedroom units, or even a three-bedroom unit), significantly increasing rental income. The property includes two bathrooms upstairs and one downstairs. The expansive rear lot, currently generating additional income through a month-to-month lease for boat, car, and truck storage, offers further development potential for parking expansion or additional rental units. The building features a recently installed, insurance-approved roof, ensuring peace of mind for the new owner. This property presents a compelling blend of established retail income and significant multi-family conversion potential in a prime Largo location. The existing tenant lease provides immediate cash flow, while the adaptable lower level and large yard offer substantial upside for future growth.