One Bedroom Condo with
7200 ULMERTON ROAD F2 Largo, FL 33771
7200 ULMERTON ROAD F2, Largo, FL, 33771
$199,000
For Sale
$199,000
One bedroom condo with two patios and convenient location.
Property Size775 SF
Price / SF$256.77
Days on Market749
Property Features for 7200 ULMERTON ROAD F2
General Information
- Standard status
- Active
- Size
- 775 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1977
Listing agency
COLDWELL BANKER REALTY
(727) 871-3611
Listed by
John Ross · License #3031360
(727) 871-3611
Source
Exitrealty
Added: Jul 3, 2024 Updated: Jul 6 at 12:18PM Checked: Jul 21 at 4:52AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This one-bedroom condo offers 775 square feet of living space. The property features two outdoor patios, one covered and fenced in the front, and an open fenced patio and garden in the back. The living area includes vaulted ceilings and windows for natural light, along with a decorative wood wall. The kitchen is equipped with a pantry cabinet and additional cabinets under the breakfast bar. A dining area, laundry closet, and half bath are located on the main living level. Upstairs, the spacious bedroom includes a walk-in closet and an updated en suite bath. Storage options include shelving in the laundry closet and a storage area under the stairs, with additional storage adjacent to the parking. The condo fees include cable and internet, and access to a community pool. The location provides convenient access to beaches, downtown Saint Petersburg and Tampa, Countryside Mall, and Clearwater Mall.
Key Highlights
- Convenient location: close to beaches, downtown St. Petersburg/Tampa, and shopping.
- Low condo fees include cable and internet, plus access to a community pool.
- Enjoy two private outdoor patios: one covered and fenced in front, and an open fenced patio and garden in the back.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.0k | $18.00 |
| − Vacancy | −$990 | −$1.28 |
| EGI | $13.0k | $16.72 |
| − OpEx | −$5.8k | −$7.52 |
| NOI | $7.1k | $9.20 |
775 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$101.8K
$89.1K – $118.8K
NOI $7,128 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$201.6K
$176.4K – $235.2K
NOI $14,111 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Residential income property - One bedroom condo with two patios and convenient location.
Where is this residential income property located?
The property is located at 7200 ULMERTON ROAD F2 Largo, FL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Convenient location: close to beaches, downtown St. Petersburg/Tampa, and shopping.; Low condo fees include cable and internet, plus access to a community pool.; Enjoy **two private outdoor patios**: one covered and fenced in front, and an open fenced patio and garden in the back.
