714 1st Ave SW - Storefront Retail/Office FOR SALE


Largo, FL 33770- Ridgecrest
$390,000 USD
727-330-5813
714 1st Ave SW, Largo, FL for Sale
$390,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | 11.22% Cap Rate

Aug '26


714 1st Ave SW
Largo, FL 33770
Ridgecrest


HIGHLIGHTS

  • Three adaptable units – ideal for residential or commercial use.
  • Fully renovated in 2025 – new roof, insulation, ceilings, doors, windows, electrical & plumbing.
  • Prime downtown Largo location – near City Hall, Central Park, bus station, and major businesses.
  • Close to beaches – only 3.5 miles from Belleair & Clearwater Beach.
  • Storefront unit – perfect for retail, office, or service business.
  • Storefront unit – perfect for retail, office, or service business.

OVERVIEW

Price decreased for a CASH PURCHASE. High Yield Multi-Family Perfect 1031 Exchange replacement Property . Fully renovated, multi-use property in the heart of downtown Largo. Complete renovation 2025 including roof. Gross income $54000, Fixed Core Expenses $6000 Turn-Key Operational Reserve $1080 Total Real Expenses $ 7080 , 86.9% Net profit margin Multi-Family/Retail 3 units suitable for residential or commercial purposes, making it an ideal investment opportunity. Located just minutes from top-rated beaches and surrounded by major businesses, City Hall, and Central Park, this property combines convenience with growth potential. With MIXED USE and short-term rental zoning approval, it’s perfect for investors, entrepreneurs, or those seeking a prime location for their business. At least 48 hour notice required to view property. No wholesalers. ROI is 13%. Seller financing, owner financing available with 495K base, 140k down, 6% interest for 3-5 years with balloon at the end.

FOR SALE DETAILS

PRICE

$390,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

11.22%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Mixed Use

APN/PARCEL ID

34-29-15-37224-002-0090

ASK ABOUT THIS PROPERTY

Natalia SivovaNatalia SivovaMore Info
727-330-5813

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Natalia SivovaNatalia SivovaMore Info
727-330-5813

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.