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$1,800,000

1500 Clearwater Largo Road N Largo, FL 33770 Multi Unit - Multiple Active

  • 1500 Clearwater Largo Road N, Largo, FL 33770 Main Photo

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Description

This rare 5-unit short-term rental property offers an exceptional opportunity to own a fully established Airbnb-style compound just a short drive to the Gulf beaches and a central hub for nature trails, festivals, and events in downtown Clearwater. ** Listing includes includes Parcel Id 27-29-15-38970-003-0050. Spread across three lots on two parcels, the property includes a spacious main residence along with four individual guest cottages, creating multiple income-producing retreats in one highly desirable Pinellas County location. The property consists of five total units, including four well-appointed 1-bedroom, 1-bath cottages, each approximately 576 square feet, ideal for couples or small families seeking a private Florida getaway. The larger main home spans approximately 1,148 square feet and serves as the centerpiece of the compound with 3 bedrooms and 2 baths, luxury finishes, LVP flooring, a true primary suite with a walk-in closet, a bunk room, and inviting outdoor living spaces. Guests enjoy a side patio for dining plus a screened back porch complete with darts and foosball, creating a resort-style experience. Three of the four cottages share nearly identical layouts for ease of operation and consistent guest appeal, while all units offer generous backyard areas, ample secure parking, and convenient Yale smart lock access. Offered fully furnished and professionally designed, this property is truly turnkey and has been well maintained, while still presenting additional upside, including the potential to add a swimming pool. Laundry is thoughtfully arranged with a washer and dryer inside the main house, plus an additional centrally located utility room with washer and dryer access for cottage guests or cleaning teams. Each unit is separately metered for electric and water, providing added flexibility for future ownership strategies and long-term operational value. Adding to the uniqueness of the offering is the street-to-street frontage between 15th Avenue Northwest and 16th Avenue Northwest, along with mixed-use zoning that may provide future redevelopment or expansion potential as the surrounding area continues to grow. Surrounded by tropical landscaping with palm and orange trees, and located minutes from Clearwater, Belleair, and Indian Rocks Beach, yet positioned in Airbnb-friendly Largo, this is a truly rare chance to operate a well-performing short-term rental compound in one of Florida's most in-demand coastal markets.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Exhaust Fan, Ductless
Lot Size: 0.42 Acres
Roof Type: Membrane, Shingle
Taxes: $10,262
Year Built: 1948

General Information

Bedrooms: 7
Sqft: 3,724
County: Pinellas
High School: Largo High-PN
Subdivision: HIGHLAND PARK
Listed By:
Sundi Engle WILLIAM RAVEIS REAL ESTATE 941-867-3901

Amenities

Built-in Features
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Kitchen/Family Room Combo
L Dining
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Split Bedroom
Stone Counters
Thermostat
Walk-In Closet(s)
Courtyard
Dog Run
Fence
Garden
Lighting
Other
Private Mailbox
Sidewalk
Storage

Property Features

Annual Net Income: 166872.00
Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Days on Site: 31
Directions: From I-275 South, take Exit 31 heading west. Turn right onto Clearwater Largo Road N. Continue approximately one mile and the property will be on the right, located at the intersection of 15th Avenue NW.
Exterior: Block
Flood Zone Code: X
Flooring: Ceramic Tile, Tile, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot: Corner Lot, Landscaped, Level, Near Marina, Near Public Transit, Oversized Lot
Lot Dimensions: 0.42
Other Equipment: Irrigation Equipment
Other Structures: Guest House, Other, Storage
Ownership: Fee Simple
Parking: Assigned, Driveway, Guest, Off Street
Parking Notes: Assigned, Driveway, Guest, Off Street
Patio/Porch: Covered, Enclosed, Patio, Rear Porch, Screened, Side Porch
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Units: 5
Utilities: BB/HS Internet Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Meter, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
$1,800,000
7beds
3,724sqft
Active
BEDS7 BATHS SQUARE FEET3,724 MLS#A4682296
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHIGHLAND PARK

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1500 Clearwater Largo Road N, Largo, FL 33770.

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Estimated Payment

$ 7,451.26 per month $6,071.10 Principal & Interest $855.17 Property Tax $525.00 Homeowner's Insurance

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