📍 Property Details
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Address: 10554 116th Ave, Largo, FL 33773
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Bedrooms/Bathrooms: 4 Beds | 2 Baths
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Living Area: 1,127 sq ft
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Year Built: 1956
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Construction: Concrete block, slab foundation
💰 Financial Breakdown
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Purchase Price: $223,000
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Estimated Rehab (rental-grade): $35,000
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Projected Rent: $2,400–$2,600/month
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After Repair Value (ARV): $350,000
🔑 Highlights
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Smashes the 1% Rule
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Three spacious bedrooms plus a smaller bonus room (office/nursery)
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Vaulted ceilings in the rear living space
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Efficient layout; ideal for light cosmetic upgrades
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Block construction with strong comps nearby
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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.
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