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Multifamily Property with Rental Income

115 CLEVELAND Ave, Largo, FL 33770

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For Sale

$900,000

Five units with long-term and mid-term rental income potential.

Type:Investment

HighLights

Mix of long‑term and mid‑term rental options provides flexible income streams.
Three units currently generate stable income through long‑term leases.
Two units successfully rented mid‑term via Airbnb, VRBO, and Furnished Finders.
Suited for both new and seasoned investors.
All units feature private & fenced outdoor spaces.
Property is outside the requirement for flood insurance.

We can help!

Listing Contact

Brad Carter

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For Sale

$900,000

Five units with long-term and mid-term rental income potential.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 60
Last Refresh:: Apr 24 at 4:08 pm

Property Features for 115 CLEVELAND Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1960

We can help!

Listing Contact

Brad Carter

Listing agent Brad Carter

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Brad Carter

HighLights

Mix of long‑term and mid‑term rental options provides flexible income streams.
Three units currently generate stable income through long‑term leases.
Two units successfully rented mid‑term via Airbnb, VRBO, and Furnished Finders.
Suited for both new and seasoned investors.
All units feature private & fenced outdoor spaces.
Property is outside the requirement for flood insurance.

Overview

This multifamily property features five units, all one-bedroom, one-bathroom layouts, offering a mix of rental options. Three units are designated for long-term leases, providing stable income. The remaining two units are rented on a mid-term basis through platforms like Airbnb, VRBO, and Furnished Finders. All units include a private and fenced outdoor space. The property is not in a flood zone. It is suited for entering the Airbnb rental market, offering a transition for new investors. For seasoned investors, this property enhances portfolio diversification and revenue potential. Units can be converted to all traditional rentals or all mid-term rentals with the addition or omission of furnishings. The bike score is 51, indicating it is bikeable. The walk score is 61, indicating it is somewhat walkable. The transit score is 31, indicating some transit options are available.

Location Intelligence

Current Use by Public Records

Lake Duke Museum

Suggested Use

Location Insight

Map
Local Demand

City: Largo
County: Pinellas
State: Florida
Longitude: -82.7892587
Latitude: 27.9151048

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For sale
Short term rental properties
FL
Largo
33770
115 CLEVELAND Ave

What type of property is this?

Short term rental property - Five units with long-term and mid-term rental income potential.

Where is this short term rental property located?

The property is located at 115 CLEVELAND Ave Largo, FL.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Mix of long‑term and mid‑term rental options provides flexible income streams.; Three units currently generate stable income through long‑term leases.; Two units successfully rented mid‑term via Airbnb, VRBO, and Furnished Finders.