Commercial Sale · Multi Family (5+)
115 CLEVELAND AVENUE, LARGO, FL, 33770
Active7 days on marketListed Oct 14, 2026MLS #TB8557882
About this property
The property at a glance
The property is actually a 5-plex. (all 1/1's) features a thoughtful mix of rental options, including traditional long-term leases and flexible mid-term arrangements for a duration of 90 days or more. Of the five available units, three are currently designated for long-term rentals, providing stable and reliable income. The remaining two units are successfully rented on a mid-term basis through popular platforms such as Airbnb, VRBO, and Furnished Finders, catering to a growing market of travelers and professionals seeking temporary accommodations. All units boast a private & fenced outdoor space. This property sits outside the requirement for flood insurance. This property is ideally suited for anyone looking to enter the lucrative world of Airbnb rentals. With the current setup already established and operational, it offers a seamless transition for new investors seeking to make their mark in the rental market. For seasoned investors, this property represents a fantastic addition to an existing portfolio, enhancing diversification and revenue potential. Units easily converted to all traditional rentals or all midterm rentals with the addition or omission of furnishings.
2,766
Building sq ft
$307
Price / sq ft
0.2
Lot acres
1960
Year built
5
Units
2
Buildings
Multi Family (5+)
Property type
The numbers
Investment snapshot
$170,000
Price / unit
5
Units
Estimated payment (illustrative)
Estimated payment
$5,469/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Seth to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,726
Population
$38,494
Median income
54
Median age
2
Avg household
$244,496
Median home value
$881/mo
Median rent
110
Households w/ kids
Consumer profile
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.
Recent sales
What actually sold near 115 CLEVELAND AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$920,000
2643 PINEHURST AVENUE
3,366 sqft · $273/sqft · Sold Mar 31, 2025
$975,000
614 BEVERLY AVENUE
Sold Jul 23, 2026
$1,075,000
304 S CORONA AVENUE
5,182 sqft · $207/sqft · Sold Apr 17, 2026
Your team
The pros in your corner
Your agent
Seth Cabrera - Rothschild
Realtor · CENTURY 21 Edge
Tours, offers, and every question about 115 CLEVELAND AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 115 CLEVELAND AVENUE.
See it in person
Schedule a tour
Live availability from Seth's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of EXP REALTY LLC · John Rurkowski. MLS #TB8557882.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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