








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Largo at 11535 Shipwatch Way APT 1028, Largo, FL, 33774 uses $159,120 cash to close to unlock $15,324/yr annual cash flow and $1,277/mo monthly cash flow. Total monthly income runs $5,455/mo, and a $2,349/mo payment keeps the spread at $1,277/mo. Purchase price stands at $480,000, and rental yield measures 13.64% with $5,455/mo rent. Return on cash invested shows 29.54% in year one, and 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 157.78% and total cumulative return in cash records $251,057. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,455/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
$871 monthly HOA
Neighborhood data shown for ZIP Code: 33774, Largo, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,111 (100%) |
| Owner Occupied HU | 6,154 (60.9%) |
| Renter Occupied HU | 2,348 (23.2%) |
| Vacant Housing Units | 1,609 (15.9%) |
| Median Home Value | $409,530 |
| Average Home Value | $467,189 |
Residential
9,233
Single Family
6,409
Multi-Family
2,824
Businesses
379
Date | Event | Price |
|---|---|---|
| 2024-08-21 | Listed for rent | $3,000 |
| 2024-08-13 | Price change | $480,000 |
| 2024-08-09 | Listed for sale | $490,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $5737.86 | 18.96% | $283,716 | 10.00% |
| 2022-08-30 | $4823.31 | 8.21% | $257,924 | 10.00% |
| 2021-08-30 | $4457.21 | 8.38% | $234,476 | 10.00% |



Listed by: Taylor Welch • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8234638
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511