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199 Fulton Street NE

Largo, FL 33771
  • $999,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: TB8312471
UPDATED: 226 min ago
$999,000
  • 8
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,040
    SQFT
  • $329
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Turnkey fully occupied 4-unit apartment building located right off east bay and Keene rd. Extremely desirable rental location, next to the new drive thru wawa, raising canes, new shopping centers being built, new largo townhall almost completed. This area is growing exponentially with major investments coming within minutes of this location. Walking distance to shopping malls, banks, grocery stores, schools, etc... BONUS- property is on a lake with 62 feet of water frontage! 3 units are rented at $1,500/month, while the 4th unit was recently renovated and is pulling in a premium $2,500/month! That's proof of the earning potential awaiting you with the remaining units. Owner's expenses are taxes, insurance, a monthly repair budget, and water, trash, sewer are included in the rents. All units are 2 bedroom / 1 bath with laundry/storage rooms, all have tile flooring throughout. Recent upgrades include a new drainage system for the lake in the back, exterior paint, and updated lighting. This is a cash-flowing property with substantial upside. Don't miss your chance to bring this building to its full potential and build serious value in a hot rental market. Seller has another identical 4 unit listed with our office for sale next door 185 Fulton St (MLS #TB8312488) they prefer to sell together for a total of 8 units. One or both of the buildings can be bought, fixed, and flipped for a handsome profit, or you can add value, refinance, and hold these assets as cash flowing rentals. Call for more information on the property. All information must be verified by buyer and their agent.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-12T23:45:15.53.
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199 Fulton Street NE Largo, FL 33771

  • Price: $999,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 226 min ago
  • MLS #: TB8312471
8
Beds
0
Baths
0
½ Baths
0.21
Acres
3,040
SQFT
$329
$/SQFT
1971
Built
Neighborhood:
Largo Lake Apts
County:
Pinellas
Area:
Largo
Elementary School:
Belcher Elementary-PN
Middle School:
Largo Middle-Pn
High School:
Largo High-Pn
Property Description
Turnkey fully occupied 4-unit apartment building located right off east bay and Keene rd. Extremely desirable rental location, next to the new drive thru wawa, raising canes, new shopping centers being built, new largo townhall almost completed. This area is growing exponentially with major investments coming within minutes of this location. Walking distance to shopping malls, banks, grocery stores, schools, etc... BONUS- property is on a lake with 62 feet of water frontage! 3 units are rented at $1,500/month, while the 4th unit was recently renovated and is pulling in a premium $2,500/month! That's proof of the earning potential awaiting you with the remaining units. Owner's expenses are taxes, insurance, a monthly repair budget, and water, trash, sewer are included in the rents. All units are 2 bedroom / 1 bath with laundry/storage rooms, all have tile flooring throughout. Recent upgrades include a new drainage system for the lake in the back, exterior paint, and updated lighting. This is a cash-flowing property with substantial upside. Don't miss your chance to bring this building to its full potential and build serious value in a hot rental market. Seller has another identical 4 unit listed with our office for sale next door 185 Fulton St (MLS #TB8312488) they prefer to sell together for a total of 8 units. One or both of the buildings can be bought, fixed, and flipped for a handsome profit, or you can add value, refinance, and hold these assets as cash flowing rentals. Call for more information on the property. All information must be verified by buyer and their agent.
Exterior Features

Carport Yn No Construction Materials BlockStucco Exterior Features FencedLightingSidewalkSliding DoorsStorage Foundation Details Slab Lot Features Sidewalk Open Parking YN Yes Parking Features AssignedOversizedParking Pad Patio And Porch Features Side PorchWrap Around Pool Private Yn No Road Surface Type Asphalt Roof Shingle View Water Water Access Pond Water Access Yn Yes Water Extras Yn No Water View Pond Water View Yn Yes Waterfront Features Pond Waterfront Feet Total 62 Waterfront Yn Yes

Interior Features

Additional Rooms Inside UtilityStorage Rooms Appliances MicrowaveRangeRefrigerator Building Area Total 3080 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Tile Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Kitchen/Family Room ComboWalk-In Closet(s) Laundry Features Inside Levels One Sewer Public Sewer Water Source Public

Property Features

Annual Expenses 16000 Annual Net Income 68000 Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease 1-7 Days New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Sub Type Quadruplex Realtor Info As-IsNo SignSee Attachments Senior Community Yn No Special Listing Conditions None Tax Annual Amount 5872 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedPublicSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of CENTURY 21 RE CHAMPIONS: 727-398-2774.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-12T23:45:15.53.
 
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