10589 Seminole BlvdLargo, FL 33778

  • Office properties
  • 1,326 SF
For Sale
$574,900 View listing

Property Details for 10589 Seminole Blvd

Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.11 AC
Property size (Sq ft)
1,326 SF
Property type
Office properties
Property subtype
Office buildings
APN
15-30-15-80046-000-0012
APU
153015800460000012

Description

This exceptional mixed-use property at 10589 Seminole Boulevard, Largo, FL, presents a rare investment opportunity. The 2,226 square foot building sits on a 0.14-acre lot and offers three units: two retail/office spaces at the front and a detached one-bedroom residence at the rear. All units underwent a complete renovation in 2021, boasting contemporary amenities and stylish finishes. Improvements include updated kitchens and bathrooms in all three units, with Unit A featuring a recently upgraded, fully equipped kitchen and bathroom. Electrical lines have been concealed, enhancing the interior aesthetic. The detached residence provides a private retreat, complete with a spacious bedroom, a full kitchen featuring granite countertops and recessed lighting, and a convenient outdoor laundry room. A newly completed outdoor area features a large, private back patio with brick tiling and new turf grass, perfect for relaxation or outdoor gatherings. Security features include a new vinyl fence, security cameras, and floodlights. Ample parking is available with five dedicated spaces on Seminole Boulevard and an additional six spaces on a separate parcel. The property benefits from high visibility on Seminole Boulevard. Significant upgrades completed in 2021 include new AC units, roofs, windows, and a complete electrical system overhaul. This well-maintained property offers investors a strong return with its modern upgrades and prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $258,501
    6.5%
    $238,616
    7%
    $221,572
  • Comparable approach

    Method
    Valuation
    Relative Method
    $146,231
    Geo Method
    $146,231
  • Alternative Use

    Use
    Valuation
    Residential
    $295,884
    Hospitality
    $271,028
    Educational
    $225,492
    Medical
    $233,247
    Retail
    $350,766
10589 Seminole Blvd, Largo, Florida

Location Insight

City
Seminole
County
Pinellas
State
Florida
Latitude
27.8686
Longitude
-82.7867
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,715
-
-
$210,000
-
$77,024
$132,976
$210,000

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