199 FULTON STREET NE, LARGO FL 33771

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$999,000

199 FULTON STREET NE, LARGO, FL 33771

bedrooms

bathrooms

square feet

3,040

Acreage

0.21

Open Houses

year built

1971

Full Baths

Half Baths

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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.

Location
Subdivision	LARGO LAKE APTS
County	Pinellas
Elementary School	Belcher Elementary-PN
Middle School	Largo Middle-PN
High School	Largo High-PN

Driving directions

Open houses

None scheduled.

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MLS number: TB8312471

Listing agent: Evan Perrett #3526363

Listing broker: Century 21 Real Estate Champions (727) 398-2774

Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Saturday, February 1 2025 at 9:47 p.m. EST

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