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Turnkey Townhomes in Largo, Florida
For Sale
$4,800,000

11916 133RD Ave, Largo, FL 33778

Renovated 17-unit multifamily property with strong cash flow potential.

Property SizeContact for details
Days on Market106

Property Features for 11916 133RD Ave

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1964
Listing Agency:
Listed By: John Pereira · License #3214892
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 7 at 1:14AM

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 John Pereira

Investment Insights

Based on property information with market context.

Largo Legacy Townhomes is a 17-unit multifamily property constructed of block. Over $1,000,000 in capital improvements have been completed. The property features a 3-bedroom unit mix and separately metered utilities. It is located in Pinellas County. The property is in turnkey condition with no deferred maintenance or near-term capital requirements. It offers an income stream. The property is priced to reflect its renovated condition. A path to NOI growth is possible through lease-up completion and conservative annual rent increases. The property is located in a bikeable area with a score of 65, but is car-dependent with a walk score of 24 and minimal transit with a transit score of 24.

Key Highlights

  • Turnkey condition with over $1,000,000 in completed capital improvements; no deferred maintenance.
  • Strong cash flow with income stream beginning on day one.
  • Located in supply‑constrained Pinellas County.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 33778, FL

15,068
Population
8,130
Households
1.9
Avg Household Size
51
Median Age
26%
College-Educated
92%
High-School Grad
3.8 sq mi
ZIP Area
3,965
Density / Sq Mi
$63,633
Median Household Income
$40,198
Median Earnings
$1,697
Median Rent
$267,800
Median Home Value

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 - Renovated 17-unit multifamily property with strong cash flow potential.
Where is this apartment building located?
The property is located at 11916 133RD Ave Largo, FL.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Turnkey condition with **over $1,000,000 in completed capital improvements**; no deferred maintenance.; Strong cash flow with income stream beginning on day one.; Located in supply‑constrained Pinellas County.
More about this property
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