1516 ADELE PLACE
About This Property
$415,000.00 OLD HOUSE PROBLEMS GONE, JUST REDUCED $20,000 -
You can buy an older Florida home and wonder what's hiding behind the walls...
Or you can buy the one where we already dealt with it. 1516 Adele Place, Largo, FL.
This 3-bedroom, 2-bath home has been remodeled from TOP TO BOTTOM - not just painted and given new countertops. NEW ROOF, NEW WINDOWS, NEW DOORS, NEW PLUMBING, NEW ELECTRICAL PANEL, NEW FLOORING, NEW KITCHEN, NEW APPLIANCES, NEW FIXTURES, NEW DRIVEWAY,
8' x 12' storage shed. AND THEN there's the LOT. Oversized 9,087 sq. ft. lot, Room to explore adding a pool, Potential space for an ADU (subject to applicable zoning/permitting), About 3.2 miles to the Belleair Causeway boat ramp, Less than 4 miles to Indian Rocks Beach, NO HOA, Tucked away at the end of a cul-de-sac, NOW $415,000. This isn't a cosmetic flip. It was renovated with the intention of doing the job RIGHT. 1516 Adele Place, Largo FL 33770. Ask your realtor for a private showing and come see for yourself what went into this renovation.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$415,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$435,000
↓ $13K
(2.8%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by CENTURY 21 BEGGINS | $447,500 | |
| Listed by CENTURY 21 BEGGINS | |||
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | Listed by CENTURY 21 BEGGINS | $280,000 | |
| Listed by CENTURY 21 BEGGINS | |||
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Nice 3 Bedroom, 1.5 Bath home with Newer Kitchen cabinets, granite countertops, and an Inside laundry room. The home needs work. Located close to a shopping mall, restaurants, and the beach, with a short commute to I-275 and the airport.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017