📍 Property Details

  • Address: 10554 116th Ave, Largo, FL 33773

  • Bedrooms/Bathrooms: 4 Beds | 2 Baths

  • Living Area: 1,127 sq ft

  • Year Built: 1956

  • Construction: Concrete block, slab foundation


💰 Financial Breakdown

  • Purchase Price: $223,000

  • Estimated Rehab (rental-grade): $35,000

  • Projected Rent: $2,400–$2,600/month

  • After Repair Value (ARV): $350,000


🔑 Highlights

  • Smashes the 1% Rule

  • Three spacious bedrooms plus a smaller bonus room (office/nursery)

  • Vaulted ceilings in the rear living space

  • Efficient layout; ideal for light cosmetic upgrades

  • Block construction with strong comps nearby

  • High rental demand in this area of Largo

  • Roof and A/C will need to be replaced, but we’ve already factored these costs into the $35,000–$40,000 rehab estimate, so no unexpected expenses.

Meet our Team of Experts!

Meet Cody Bergstrom, Your Expert in Finding Deals

I’ve spent 20+ years helping investors close real deals—not just listings. As a licensed MLO, I’ve funded millions and built deep connections across Florida’s investor network.Connect with Cody at https://graystoneig.com/cody

Lisa-Kaye Price

Meet Lisa Kaye Price, the LendingGig Top ML

Hi, I’m Lisa-Kaye Price, Real Estate Lending Specialist at Graystone. With 20 years as a licensed Realtor® and MLO, I help investors lock in smart financing for high-impact deals.  Connect with Lisa at https://graystoneig.com/lisa-kaye-price

 

 

Jay Michalec: A Pillar of Excellence in Real Estate Leadership

Jay Michalec – COO & Property Management Expert at Graystone.

With 25+ years in hospitality and a background as a U.S. Army vet, Jay brings discipline and care to every rental. He’s the guy behind smooth operations and happy landlords. Connect with Jay: https://graystoneig.com/jay

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Jorge Vazquez CEO
Jorge Vazquez is the CEO of Graystone Investment Group and coach at Property Profit Academy. With 20+ years of experience and 3,500+ real estate deals, he helps investors build wealth through smart strategies, from acquisition to property management. Featured in Forbes and winner of multiple awards, Jorge is known for making real estate simple and impactful. Real estate investor, educator, and CEO helping others build wealth through smart, long-term real estate strategies.