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About this home
518 6th Ave SW is a 1920-built home in Orange Villa Heights, Largo. Inside you'll find 11 bedrooms, 6 bathrooms, and 4,478 square feet of living space. Listed at $1,100,000 (about $246/sqft), 208 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
INVESTORS LOOKING FOR IMMEDIATE INCOME! Excellent Income Opportunity from day one! This turnkey property has 5 units a total of 11 beds and 6 baths. 2 stand-alone homes in the front and 3 apartments in the rear building. All buildings are well maintained, termite-free with transferrable termite warranty. All have newer roofs and have been recently painted. Interiors were updated when needed. Property is fully rented with leases and security deposits in place, immediate ROI. Solid upside that offers great versatility either as a worry-free fully functional investment or an opportunity to occupy one of the homes at their lease end while renting out the other 4 units. Excellent income producing asset with operational efficiency. The property is large with plenty of on-site parking and also has convenient alley access. There's an income earning coin laundry room on property which is an added convenience for tenants. Located in Flood Zone X, no evacuation. Property is situated in the highly desirable brick street area in the heart of revitalized downtown Largo. Close to everything, pedestrian and family friendly. Walk to Ulmer Park for the downtown farmers markets, seasonal outdoor music and special events, close to beautiful Largo Central Park & Nature Preserve, walk to shops, restaurants and Liberty Yards. A short drive over to the Belleair Bridge to some of the best beaches in Florida with restaurants, gift shops and fantastic sunsets. This Multi Family property is in a great location, offers exceptional versatility and immediate ROI. An outstanding income opportunity for all investors. TENANT OCCUPIED- PLEASE DO NOT DISTURB.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,100,000
$246 per sq ft
Beds and baths
11 beds, 6 baths
Size
4,478 sq ft
Time on market
208 days
Year built
1920
Monthly payment
About $7,073/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,426 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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