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Property profile & analytics
OFF-MARKET
Retirement homes

2100 Mcmullen Rd Largo, FL 33771

2,941 SF 0.22 ac lot Built 1972
Property ID
US18-0922190
Property summary
AI-generated overview

This Largo, Florida property, located at 2100 McMullen Rd, 33771, presents a unique investment opportunity. The 2,941 square foot single-family residence, built in 1972, sits on a 0.22-acre lot and is zoned RL. Currently configured as a four-bedroom, three-bathroom home, it's ideally suited for conversion into a six-bed assisted living facility (ALF). The property boasts a ranch-style layout with a split plan, offering both open communal areas and private resident spaces. Three bedrooms include ensuite bathrooms. Recent updates include new AC systems and the home is fully wheelchair accessible. The property includes a vinyl-fenced yard and four parking spaces. The asking price is $599,000, with an occupancy date of August 1, 2024. Its proximity to Eagle Lake Park (167 acres) and major airports and beaches adds significant appeal. The property is offered fee simple and is currently below appraisal value. This is a ready-to-occupy property, perfect for either an owner-user or an investor seeking a senior living venture. The Pinellas County location provides a strong market for assisted living services. The property's existing layout and recent renovations minimize the investment needed for conversion to an ALF.

Property profile
Verified
Property type Retirement homes
Year built 1972
Total area 2,941 SF
Lot 0.22 ac (9,583 SF)
APN 26-29-15-43596-000
UPID US18-0922190
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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