#TB8301281, Anne McCord, Listing Office: ENGEL & VOLKERS BELLEAIR
185 Fulton St NE Largo, FL 33771
Property details
About 185 Fulton St NE
$100,000 price reduction!! Seller motivated! Turnkey 4 unit apartment building located off East bay and Keene rd. Priced at a 7.4 cap, 2 units are rented at $2,000/month and other 2 units are rented at $1,600/month. Bringing in $7,200 month and $86,400 annually with room to increase rents all to $2,000/month and bring it up to a gross income of $96,000 annually (8.5 cap rate). Extremely desirable rental location, next to the new largo townhall. This area is growing exponentially with major investments coming within minutes of this location. Easy access to shopping malls, banks, grocery stores, schools, fitness centers etc... BONUS- property is on a lake with 62 feet of water frontage. All units are 2 bedroom / 1 bath with laundry/storage rooms, all units have tile flooring throughout. This is a cash-flowing property with substantial upside with minimal needed. Don’t miss your chance to bring this building to its full potential and build serious value in a hot rental market.
Highlights
Virtual tour
Summary
- MLS Number: TB8312488
- MLS Name: MFRMLS
- Office Name: CENTURY 21 RE CHAMPIONS
- Office Phone: (727) 398-2774
- Listing Agent: Evan Perrett
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Last updated on: 3/13/2025, 8:19:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$899,000
185 Fulton St NE
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 21, 2006 | Home Sold | $222,300 |
Apr 21, 2006 | Home Sold | $325,000 |
Dec 07, 2004 | Home Sold | $278,900 |
Jul 12, 2002 | Home Sold | $204,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $400,000 | $5,872 |
2022 | $385,000 | $5,496 |
2021 | $279,900 | $5,496 |
2020 | $235,466 | $4,804 |
2019 | $184,102 | $4,048 |
2018 | $167,365 | $3,758 |
2017 | $180,293 | $3,392 |
History based on county public records data.
Nearby schools
7
Belcher Elementary
Public District PK-5
1.0 mi
•2215 Lancaster Dr
8
Frontier Elementary
Public District PK-5
1.2 mi
•6995 Hopedale Ln
8
Ponce de Leon Elementary
Public District PK-5
2.2 mi
•1301 Ponce De Leon Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,250. The majority of Largo, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 185 Fulton St NE in Largo, FL and zip code 33771 in the Allen Creek neighborhood. This 3,040 square foot home, which was built in 1971, sits on a 0.21 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 2, 2024 and is currently priced at $899,000.
While more than 10 listings in Largo, FL in February 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 60 were sold below. The number of listings in Largo, FL increased by 8.9% between January and February 2025. While the average time on the market in February 2025 was 69 days, the median list price was $364,633.