📍 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.
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
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 – 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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