HIGH-YIELD WATERFRONT SHORT-TERM RENTAL INVESTMENT! Turnkey, cash-flowing hospitality asset in Largo offering an exceptional 7.9% actual / 8.0% pro forma cap rate backed by robust verified 2026 actuals (~$182,000 NOI). Configured as a high-capacity 6-bedroom, 3-bath luxury estate sleeping up to 22 guests, the property has delivered an elite $1,259+ actual ADR with strong forward bookings already in place.
Situated on an expansive point lot with an incredible 510 feet of wide saltwater frontage and two private composite docks (plus an on-site luxury vessel included in the sale), this resort-style property features a heated pool/spa and upscale designer furnishings throughout. Major capital expenditures have already been handled with a newer roof, high-efficiency solar system, upgraded HVAC, and full impact-resistant glass, keeping operating overhead low.
Located in unincorporated Pinellas County (R-3 zoning), this asset is fully insulated from municipal short-term rental restrictions. Complete financial packages and Hostaway analytics available to qualified buyers. Please coordinate all showings via ShowingTime with a 24-hour notice required to accommodate active guest stays.
3,130 Sq Ft
0.31 Private Acres Lot Size
commercial
$1,327 Monthly Tax
Built in 1959
MLS/Listing ID TB8520953
Hardwood
Dryer
Dishwasher
Public Sewer
Storm Windows
Blinds
River Front
Intracoastal Waterway
Canal - Saltwater
Shingle
Heating - Electric
Slab
Carpet
Cooling - Central Air
Construction - Stucco
Construction - Block
Washer
Refrigerator
Microwave
Public Water
TOTAL MONTHLY COST
$0
$0
$0
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