Multifamily Housing
556 Clearwater Largo Road North Largo, FL 33770
Details & Description
Price: $925,000
    Highlights FANTASTIC MIXED-USE OPPORTUNITY ON BUSY CLEARWATER LARGO RD. N RETAIL STRIP CENTER IN FRONT, APARTMENTS IN REAR! 4 PURE NNN RETAIL STALLS WITH GREAT FRONTAGE, 100% LEASED FACING CLEARWATER LARGO RD N. 4 LARGE APARTMENTS IN BACK, 100% OCCUPIED FACING LAKE VILLA PARK EXTREMELY LOW RENTS, CAN BE RAISED IMMEDIATELY FOR INSTANT INCREASE IN CAP RATE! ALL BUILDINGS HAVE BEEN WELL MAINTAINED AND SHOULD REQUIRE VERY LIMITED CAPEX TO INCREASE RENTS!DescriptionCALLE PLAZA IS LOCATED AT 552,554,556 & 558 CLEARWATER-LARGO ROAD. N IN BEAUTIFUL LARGO, FL. THIS FANTASTIC MIXED-USE PROPERTY CONSISTS OF 3 CONCRETE BLOCK BUILDINGS WITH GREAT FRONTAGE ON BUSY CLEARWATER LARGO RD. N. THE PLAZA HAS A TOTAL OF 4 PURE NNN RETAIL TENANTS IN THE FRONT AND 4 LARGE APARTMENTS IN THE REAR, FACING GORGEOUS LAKE VILLA PARK IN LARGO.THE PROPERTY CONSISTS OF LONG-TERM TENANTS WITH EXTREMELY LOW RENTS, MAKING THIS A FANTASTIC INVESTMENT OPPORTUNITY. BOTH THE RETAIL AND RESIDENTIAL RENTAL RATES ARE SEVERELY UNDER MARKET FOR THE AREA, AND PROVIDE THE BUYER WITH A FANTASTIC VALUE-ADD OPPORTUNITY.THE PLAZA IS CURRENTLY 100% OCCUPIED. HOWEVER, THERE IS FLEXIBILITY AND OPPORTUNITY TO INCREASE THE RENTS QUICKLY AFTER PURCHASE! THIS WILL NOT LAST LONG, PLEASE SEND ME AN INQUIRY IF YOU ARE INTERESTED!LocationLOCATED DIRECTLY ON BUSY CLEARWATER LARGO RD N. JUST NORTH OF THE INTERSECTION OF CLEARWATER LARGO ROAD N AND WEST BAY DRIVE.Contact BrokerDavid RosenthalAssociatedavid@grimaldicommercialrealty.com(C) 813.245.7333(O) 813.882.0884(F) 813.960.9830Kari L. Grimaldi/ BrokerPresident/ BrokerFL #BK3076744kari@grimaldicommercialrealty.com(C) 813.376.3386(O) 813.882.0884(F) 813.960.9830
    Listing Agents
    David Rosenthal

    O: 813-882-0884
    M: 813-245-7333
    david@grimaldicommercialrealty.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    556 Clearwater Largo Road North

    Largo, FL 33770

    Listing ID: 143212
    556 Clearwater Largo Road North Largo, FL 33770 | for Sale | Photo 1
    Building Size: 10,025 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $92.27
    Land $/SF:
    Price
    $925,000
    Description
    Highlights



    FANTASTIC MIXED-USE OPPORTUNITY ON BUSY CLEARWATER LARGO RD. N
    RETAIL STRIP CENTER IN FRONT, APARTMENTS IN REAR!
    4 PURE NNN RETAIL STALLS WITH GREAT FRONTAGE, 100% LEASED FACING CLEARWATER LARGO RD N.




    4 LARGE APARTMENTS IN BACK, 100% OCCUPIED FACING LAKE VILLA PARK
    EXTREMELY LOW RENTS, CAN BE RAISED IMMEDIATELY FOR INSTANT INCREASE IN CAP RATE!
    ALL BUILDINGS HAVE BEEN WELL MAINTAINED AND SHOULD REQUIRE VERY LIMITED CAPEX TO INCREASE RENTS!



    Description
    CALLE PLAZA IS LOCATED AT 552,554,556 & 558 CLEARWATER-LARGO ROAD. N IN BEAUTIFUL LARGO, FL. THIS FANTASTIC MIXED-USE PROPERTY CONSISTS OF 3 CONCRETE BLOCK BUILDINGS WITH GREAT FRONTAGE ON BUSY CLEARWATER LARGO RD. N. THE PLAZA HAS A TOTAL OF 4 PURE NNN RETAIL TENANTS IN THE FRONT AND 4 LARGE APARTMENTS IN THE REAR, FACING GORGEOUS LAKE VILLA PARK IN LARGO.
    THE PROPERTY CONSISTS OF LONG-TERM TENANTS WITH EXTREMELY LOW RENTS, MAKING THIS A FANTASTIC INVESTMENT OPPORTUNITY. BOTH THE RETAIL AND RESIDENTIAL RENTAL RATES ARE SEVERELY UNDER MARKET FOR THE AREA, AND PROVIDE THE BUYER WITH A FANTASTIC VALUE-ADD OPPORTUNITY.
    THE PLAZA IS CURRENTLY 100% OCCUPIED. HOWEVER, THERE IS FLEXIBILITY AND OPPORTUNITY TO INCREASE THE RENTS QUICKLY AFTER PURCHASE! THIS WILL NOT LAST LONG, PLEASE SEND ME AN INQUIRY IF YOU ARE INTERESTED!

    Location
    LOCATED DIRECTLY ON BUSY CLEARWATER LARGO RD N. JUST NORTH OF THE INTERSECTION OF CLEARWATER LARGO ROAD N AND WEST BAY DRIVE.

    Contact Broker






    David Rosenthal
    Associate


    david@grimaldicommercialrealty.com
    (C) 813.245.7333
    (O) 813.882.0884
    (F) 813.960.9830











    Kari L. Grimaldi/ Broker
    President/ Broker
    FL #BK3076744


    kari@grimaldicommercialrealty.com
    (C) 813.376.3386
    (O) 813.882.0884
    (F) 813.960.9830






    Points of Interest & Demographic Radii

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    St Petersburg History of Multifamily Housing for Sale

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    Largo Area Market Trends

    Listing Demographics for 556 Clearwater Largo Road North Largo, FL 33770

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,467103,704232,553
    Population Median Age444545
    Population by Age0-9 Yrs1232 (8%)10133 (9%)21960 (9%)
    10-19 Yrs1219 (8%)9023 (8%)21530 (9%)
    20-29 Yrs1932 (13%)11440 (11%)25887 (11%)
    30-39 Yrs1523 (10%)11734 (11%)26233 (11%)
    40-49 Yrs1986 (13%)11581 (11%)26532 (11%)
    50-59 Yrs2308 (15%)15306 (14%)35769 (15%)
    60-69 Yrs2093 (14%)16183 (15%)35665 (15%)
    70+ Yrs2173 (15%)18304 (17%)38977 (16%)
    Median HH Income$39,706$43,994$47,571
    Total Household Income< 24K2081 (31%)12319 (27%)24525 (24%)
    25-49K1819 (27%)12623 (28%)27197 (27%)
    50-74K1305 (19%)7001 (15%)16908 (17%)
    75-99K645 (9%)5290 (11%)11406 (11%)
    100-199K705 (10%)6295 (14%)15533 (15%)
    200K+99 (1%)1421 (3%)3640 (3%)
    Highest Education LevelNo Diploma1324824216358
    Diploma or GED36572364753907
    Some College26871976442329
    Assoc. Degree1107831818394
    Bachelors Degree16081336331066
    Higher Degree721630915508
    Total Housing Units8,38555,042124,520
    --Owner-Occupied3,39327,55063,388
    --Renter-Occupied3,26117,39935,822
    Owner-Occupied Values< 100K1382898617952
    100-199K952852718809
    200-299K491514814195
    300-399K32620325387
    400-499K1077222007
    500K+13621355036
    Total Working Age Population12,40487,817197,329
    In Work Force7,45649,961114,447
    Not In Work Force4,94837,85682,882
    Workforce Employed6,95645,782106,617
    Workforce Unemployed4974,0917,594
    Civlian Workforce7,45349,873114,211
    Military Workforce288236
    Total Households6,65444,94999,210
    Family Households2,89223,98255,300
    Non-Family Households3,76220,96743,910
    Married Couple1,96217,04240,519
    Other Family9306,94014,781
    Married w/Child5384,54410,770
    Single Male w/Child699041,891
    Single Female w/Child4012,2765,150

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Pinellas County921,482-1916,542+7983,883+51,034,290

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 556 Clearwater Largo Road North in Largo?
    The asking price for 556 Clearwater Largo Road North is $925,000
    What is the building size of this Multifamily property in Largo, FL?
    The size of the building/unit at 556 Clearwater Largo Road North in Largo is 10,025 square feet
    What is the population within 1 mile of 556 Clearwater Largo Road North in Largo?
    The population within 1 mile of 556 Clearwater Largo Road North Largo, FL 33770 is 14,467 people.
    Who do I contact for questions about 556 Clearwater Largo Road North?
    You should contact the listing agent, David Rosenthal, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Tampa International Airport (TPA) 16
    Sarasota Bradenton International Airport (SRQ) 39
    Orlando International Airport (MCO) 97
    Price
    $925,000
    Listing Agent
    More listings from David Rosenthal
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