This gorgeous remodeled three bedrooms, two bathrooms, two car garage, heated pool home in Largo Florida is now on the market! It is currently being rented through a short term rental program and it has been producing a substantial monthly income especially starting from March of this year.
Everything that needed to be remodeled or replaced has already been done in this house throughout the recent years.
It is located at approximately 15 minutes driving distance from Clearwater Beach, at about 30 minutes from our Tampa International airport and and it is close to multiple nearby large grocery stores. It is also conveniently located in between Downtown Clearwater and Downtown Largo, not far from downtown Dunedin and from Downtown Safety Harbor and from Downtown St Pete. This strategic location will continue to attract many guests if you choose to continue to keep it a short term rental. In the end the Clearwater, Tampa St Pete area is one of the best tourist site in the USA.
The current owner has spent a lot of money in upgrades in 2023: a new permitted 200 Amps electrical panel, a new pool heater with a new pool pump and filter, two new fire proof doors between the house and the garage, new interior doors hardware throughout, new smart lock on the front door with camera and doorbell, new exhaust fans, new dishwasher, new reverse osmosis filter and new kitchen faucet. The entire inside of the house has been fully repainted. All of these upgrades costed approximately $18,000.
New exterior furniture and a new barbeque have just been added for $850.
The house is sold fully furnished (beds, couch, tables, chairs, mattresses, linens, kitchenware, pots and pans, etc.) making it ready to move in or to continue with the short term rental program. The owners have spent about $14,000 in new furniture only.
The monthly average gross income with Airbnb and VRBO from March through June this year has been $5,400.
The house has been inspected, permitted to and legally registered for short term rental with the City of Largo and the Fire Department as well. This house is fully booked through August 9, except 4 days in July.
As you can see it has been upgraded just this last year, but it has also been constantly well cared by the previous owners that have owned it since 1999, so it is definitely not a cheap flip, but it is the result of two meticulous owners amazing care and upkeep. The previous owner had upgraded all the windows with hurricane proof double pane windows, I.e. there are windows replacement permits from 2008, 2011, 2014 in public records, and with custom built storm panels, the terrazzo floors throughout half of the house have been refinished, newer bamboo kitchen cabinets, quartz countertops in the kitchen, laminate floors, a lot of natural light, covered screened-in patio/lanai with fan, a new A/C was installed in 2021, a 40 gallons water heater installed in 2016 and the roof was redone in 2015. Because of the newer windows and insulation, the house is very energy efficient.
The current owners will honor the current bookings until at least August and ideally this house will be sold fully furnished to investors that want to keep up with the short term rental program, but home owners looking for their forever home would also love to move in as well! This home has been loved by the current and past owners for years, it is not a flip, but everything has been done for the occupants to love it, not just for looks!