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    715 16Th Ave NW Largo, FL 33770

    For Sale
    $975,000

    8-unit apartment community in Largo/Clearwater area with growth potential.

    Lot size:
    0.17 Acres

    Property Features for 715 16Th Ave NW

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1969

    Source: MPGFL TAMPA LLC Agent Frank Brito

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

    Overview

    Stabilized Multifamily Property in Largo

    The property at 715 16th Ave NW is an 8-unit multi-family apartment community located in the Largo/Clearwater area of Tampa Bay MSA. The property has undergone over $100,000 in capital expenditures, including exterior paint, landscaping, and fencing. Interior renovations feature new luxury vinyl flooring, shaker cabinets, quartz countertops, stainless steel appliances, and tiled shower bathrooms. The unit mix consists of 6 units with 1 bedroom and 1 bath. The current rent roll is $8,990, indicating a stabilized income stream with potential for growth.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.79574
    Latitude
    27.901972

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    FAQs

    What type of property is this?
    Apartment building - 8-unit apartment community in Largo/Clearwater area with growth potential.
    Where is this apartment building located?
    The property is located at 715 16Th Ave NW Largo, FL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Stabilized 8-unit multi-family apartment community in the Largo/Clearwater area.; - Over $100,000 in CapEx improvements recently completed.; - Interior renovations include **luxury vinyl flooring, shaker cabinets, quartz countertops, stainless steel appliances, and tiled shower bathrooms.**
    (631) 356-5697
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    715 16Th Ave NW Largo, FL 33770
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    Largo, FL 33770
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    715 16Th Ave NW Largo, FL 33770
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