1798 CORAL WAY, Largo, FL 33771 – GC509040 - Ricardo Simon

$524,995

Est. payment -/mo

$524,995

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

7 Beds

3 Baths

2,304 SqFt

SOLD DATE : 03/31/2023

Key Details

Sold Price $524,995

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,304 sqft

Price per Sqft $227

Subdivision Coral Heights Sub

MLS Listing ID GC509040

Sold Date 03/31/23

Bedrooms 7

Construction Status Appraisal,Financing,Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1979

Annual Tax Amount $3,482

Lot Size 0.270 Acres

Acres 0.27

Property Description

Great investment opportunity! Clean 3/1 dwelling in the back, fully leased duplex up front. Current duplex leases are in contract through February and June 23' respectively. February lease to be monthly thereafter to make way for new owner renegotiations. Current leases are below market value. Market value rent shows the 2/1 units could easily lease for $1100-$1500. Easily lease out the back 3/1 for $2250+/mth.

This triplex is bound to please and prove steady income over the days to come. Approximately 15-20 minutes from some of Florida's best beaches. Approximately 15 minutes away from the nearest major airport and approximately 10-15 minutes from plenty of shopping and entertainment. Come see it soon, it won't last long!

The water heaters have all been replaced in the last 5 years. 1798 being the oldest. 1796 a couple of years ago. And 1794 is a year old.
The through the wall AC units are about 2 years in both front apartments. The HVAC system in 1794 is original from 2006. Duplex reroof in 2012. Updated the ridge vent around summer of 2020 because of a leak noted. Schedule a showing today!

Location

State FL

County Pinellas

Community Coral Heights Sub

Zoning R-4

Interior

Interior Features Thermostat

Heating Electric

Cooling Central Air, Wall/Window Unit(s)

Fireplace false

Appliance Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Feature Sidewalk

Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected

Roof Type Shingle

Attached Garage false

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block, Concrete

New Construction false

Construction Status Appraisal,Financing,Inspections

Schools

Elementary Schools Walsingham Elementary-Pn

Middle Schools Largo Middle-Pn

High Schools Largo High-Pn

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition None

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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by HERRON REAL ESTATE LLC
Bought with HERRON REAL ESTATE LLC

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com