12572 136th St

Largo, FL 33774
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2 bd, 2 ba | 1,824 sqft | Built in 2003

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List Price
$450,000

Initial Investment

$122,625

Purchase Price

$450,000

Down Payment

25%

Rent

$3,140

Total Return

$332,620

Annualized Return

29.4%

Cap Rate

5.1%

Gross Yield

8.4%

Cash Flow

-$3,140

Appreciation

12.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,312

HOA

None

Flood Risk

Not Required

Welcome home! Just minutes to Indian Rocks Beach, this home is a must-see! Built in 2003 and recently updated, it's move-in ready and in mint condition. Featuring an open floor plan with split bedrooms, this home is filled with natural light. Step through the new front door into the renovated kitchen with new cabinets, dolomite countertops, a breakfast bar, new lighting, backsplash, and stainless steel appliances installed in 2019. New flooring throughout, with carpet in the bedrooms and tile in the bathrooms, which have also been updated. The roof, HVAC system (with HALO-LED air purifier), and water heater were all updated in 2019. The windows and sliding glass door are hurricane-rated. Outside, enjoy the backyard from the large screened lanai. The yard is newly landscaped and fenced in (2019), with an outdoor storage shed and shower. The exterior was also recently painted. The garage is oversized with storage and a generator plug. Plus, there's plenty of parking space in the oversized driveway. This home is in a quiet neighborhood with no HOA, not in a flood or evacuation zone. Close to parks, Pinellas Trail, Botanical Garden, shops, schools, and SW Recreation Complex with a pool, tennis courts, workout center, and more. Largo Public Golf Course is less than a mile away. Can be sold furnished or unfurnished. Schedule a private showing today!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$35,796

Expenses

-$6,372

Property Taxes

-$8,100

Loan Payments

-$24,464

Net Cash Flow

-$3,140

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

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From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Bryan Belcher
Agent License 3068739
COASTAL PROPERTIES GROUP INTERNATIONAL
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #U8239054
Last Updated: 04/18/2024 19:04
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