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5-Unit Apartment Building
New
For Sale
$850,000

115 CLEVELAND Avenue, Largo, FL 33770

Residential Income, LARGO, FL

Property Size2,354 SF
Lot Size0.20 Acres
Price / SF$361.09
Days on Market1

Property Features for 115 CLEVELAND Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bathroom 1, Family Room, Bedroom 5, Bathroom 5, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 4
Interior features Kitchen/Family Room Combo, Primary Bedroom Main Floor, Thermostat, Window Treatments
Exterior features Fence
Fencing Fenced
Subdivision WHITEHURSTS & OTHERS ADD
Directions west bay to cleveland
Standard status Active
APN 34-29-15-97398-006-0060
Size 2,354 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description WHITEHURST'S & OTHERS ADD BLK 6, LOT 6
Tax Annual Amount 10221
Legal Description WHITEHURST'S & OTHERS ADD BLK 6, LOT 6

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Amenities

private & fenced outdoor space

Building Details

Year built 1960
Number of units 5
Building materials Block
Roof type Built-Up, Membrane
Listing Agency: EXP REALTY LLC
Listed By: John Rurkowski · License #704237
Added: Oct 14 Last Checked: Oct 14 at 3:06PM
MLS# TB8557872

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit apartment property in Largo contains five one-bedroom, one-bath residences within 2,354 square feet. Each unit has its own fenced outdoor area. The building dates to 1960 and features block construction, electric heat, and a built-up and membrane roof. Public water and sewer serve the property, which occupies a 0.2-acre lot.

The current rental mix includes three units leased conventionally and two furnished for mid-term stays of 90 days or longer. The units can also be configured for traditional or mid-term rentals by changing the furnishings and rental approach. The property is outside the area requiring flood insurance.

Key Highlights

  • Five 1‑bedroom, 1‑bath units
  • 2,354 square feet on a 0.2‑acre lot
  • Three units currently used for long‑term rentals and two for mid‑term stays of 90 days or more

Property Analytics

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Current Use

Lake Duke Museum

Suggested Use

Top Pick Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Food Market Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,389
Businesses Nearby

Demographics for 33770, FL

25,475
Population
13,417
Households
1.9
Avg Household Size
50
Median Age
26%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$58,071
Median Household Income
$39,354
Median Earnings
$1,481
Median Rent
$245,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five one-bedroom, one-bath residences currently accommodate conventional leases and furnished stays of at least 90 days.
Where is this apartment building located?
The property is located at 115 CLEVELAND Avenue Largo, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Five 1‑bedroom, 1‑bath units; 2,354 square feet on a 0.2‑acre lot; Three units currently used for long‑term rentals and two for mid‑term stays of 90 days or more
More about this property
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