📍 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


đź’° 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.

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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.