1610 VALENCIA DRIVE W
About This Property
Inside, the layout is open and practical: a generous living room with laminate floors and plantation shutters flows into the dining area and kitchen beyond. The kitchen retains its original solid wood cabinetry alongside stainless appliances and a built-in oven. A bonus room off the main living area is currently a home office, but the built-in shelving, natural light, and separate access make it equally at home as a flex space, playroom, or guest overflow. Three bedrooms share a well-proportioned full bath with original terrazzo floors throughout. A half bath in the attached garage handles utility needs without pulling from the main living spaces. A privately owned, closed-circuit security system conveys with the home.
Out back, a fully fenced yard has been fitted with low-maintenance artificial turf that stays green through a Florida summer without a sprinkler schedule. A storage shed keeps the yard clear, and the corner lot creates genuine side-yard depth for RV or boat parking - an increasingly rare find in Pinellas County with no HOA to weigh in on it.
The flood zone is X, meaning no flood insurance is required. Taylor Park is minutes away, and the home sits within easy reach of Largo Mall, Seminole City Center, downtown Largo's dining and entertainment, and the Gulf beaches that define Pinellas County living.
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 2, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by KELLER WILLIAMS REALTY PORTFOLIO COLLECTION | $329,000 | |
| Listed by KELLER WILLIAMS REALTY PORTFOLIO COLLECTION | |||
| Nov 11, 2020 | No longer available | - | |
| No longer available | |||
| Oct 8, 2020 | Price Decreased |
$252,000
↓ $3K
(1.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017