Property Description

HIGH-YIELD WATERFRONT SHORT-TERM RENTAL INVESTMENT! Turnkey, cash-flowing hospitality asset in Largo offering an exceptional 7.9% actual / 8.0% pro forma cap rate backed by robust verified 2026 actuals (~$182,000 NOI). Configured as a high-capacity 6-bedroom, 3-bath luxury estate sleeping up to 22 guests, the property has delivered an elite $1,259+ actual ADR with strong forward bookings already in place.Situated on an expansive point lot with an incredible 510 feet of wide saltwater frontage and two private composite docks (plus an on-site luxury vessel included in the sale), this resort-style property features a heated pool/spa and upscale designer furnishings throughout. Major capital expenditures have already been handled with a newer roof, high-efficiency solar system, upgraded HVAC, and full impact-resistant glass, keeping operating overhead low.Located in unincorporated Pinellas County (R-3 zoning), this asset is fully insulated from municipal short-term rental restrictions. Complete financial packages and Hostaway analytics available to qualified buyers. Please coordinate all showings via ShowingTime with a 24-hour notice required to accommodate active guest stays.

Property Features