11169 111TH WAY
About This Property
Welcome to your private retreat in the heart of Largo, Florida! This beautifully maintained 3-bedroom, 2-bathroom single-family home offers 1,353 sq. ft. of comfortable living space designed for relaxation and effortless Florida living.
Step inside to find elegant tile and laminate flooring, a stylish kitchen featuring stone countertops and stainless steel appliances, and an open layout perfect for everyday living and entertaining. The home comes fully furnished, allowing you to move right in or begin hosting guests immediately - an excellent opportunity for a short-term rental or Airbnb investment.
Proven Income Potential: This property has a strong track record as a successful short-term rental, generating $81,316.03 in gross revenue for 2024 and $61,660 in 2025.
Outside, your personal paradise awaits with a heated and cooled saltwater pool, resurfaced in 2020 for year-round enjoyment. The spacious deck, updated in 2024, is ideal for lounging, outdoor dining, or soaking up the Florida sunshine.
This home has been carefully maintained and includes important updates for peace of mind: a new roof (2021), water heater (2022), and AC system (2026). Additional features include a dishwasher (2021), refrigerator (2015), washer (2023), dryer (2014), garbage disposal (2020), pool heater/cooler (2021), and pool pump (2026).
Located in a peaceful neighborhood near beaches, shopping, and dining, this home offers easy access to Largo Central Park, the Pinellas Trail, and the beautiful Gulf Coast shoreline.
With its thoughtful updates, stylish finishes, and proven rental performance, this fully furnished pool home offers not only the best of Florida living but also an exceptional investment opportunity in the vibrant community of Largo.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Price Decreased |
$449,900
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Dec 10, 2025 | Relisted | $474,995 | |
| Relisted | |||
| Dec 2, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017