11803 104Th St Largo, FL 33773
- Specialty properties
- 4,140 SF
- 2.78 lot acres
Current Use by Public Records
- Studio 131: Floral Design & Event Rentals / Event Planner
- all pro pastor / Association Or Organization
- Studio 131 Weddings & Events / Event Venue
- Davey Rockwell Post-Production / Video Production Service
- Dunedin Serenity / Physical Fitness Program
Property Details for 11803 104Th St
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.78 lot acres
- Property size
- 4,140 SF
- Property type
- Specialty properties
- APN
- 15-30-15-64404-000-0320
- APU
- 153015644040000320
Description
This exceptional 2.78-acre waterfront property in Largo, Florida, presents a unique investment opportunity. Currently featuring a 4,140 square foot newly renovated office building complete with a swimming pool, the property offers significant potential for redevelopment. Situated on the shores of Lake Seminole and boasting direct lake access, this location provides unparalleled appeal. The property is zoned R-3, allowing for single-family residential development. However, the zoning also presents the possibility of rezoning to accommodate multi-family housing, significantly expanding the potential return on investment. The existing building provides immediate income potential while plans for future development are explored. With its prime location, existing improvements, and flexible zoning, this property is an ideal investment for those seeking a high-return opportunity in a desirable Florida market. The single-story building sits on a substantial lot, offering ample space for expansion or redevelopment. The potential for both single-family and multi-family development provides flexibility and caters to a wide range of investment strategies. This is a rare chance to acquire a waterfront property with significant upside potential in a thriving community. The asking price is $2,100,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $735,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $700,000
- 6.5%
- $785,000
- 7%
- $790,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $765,000
- Geo Method
- $695,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $900,000
- Retail
- $665,000
- Mixed-Use
- $885,000
- Hospitality
- $860,000
- Educational
- $770,000
- Residential Income
- $775,000
- Energy
- $895,000
- Income-Based Land
- $825,000
- Food Service
- $695,000
Location Insight
- Map
- Local Demand
- City
- Largo
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7813
- Latitude
- 27.8793
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA