Apartment Acquisitions · Largo
Sell Your Commercial Property In Largo, FL
Own a commercial apartment building of five or more units in Largo? We purchase multifamily properties around Downtown Largo, Ridgecrest, and the rest of Pinellas County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Largo Submarkets: Downtown Largo · Ridgecrest · Seminole · Pinellas Park — Pinellas County, FL
The Largo Market
What Drives Rentals In Largo
Largo, Florida is a Pinellas County city of 82,617 residents (ACS 2020-2024) where renters hold 38.3% of homes and buildings with 5 or more units make up 30.2% of the housing stock. Owners who want to sell commercial property in Largo, FL are selling into an older market: 56.5% of homes predate 1980. This profile covers rents, HUD fair market rents, Pinellas County property tax, Florida landlord rules and the cost of a sale, using ACS data, HUD, Florida statutes and the City of Largo's FY2025 annual financial report.
County schools and sheriff
Pinellas County Schools has 3,409 Largo employees and the Sheriff's Office 2,622, the top two employers (FY2025 city report).TD Synnex
TD Synnex ranks third among Largo employers with 1,718 employees, 4.1% of the work force (FY2025 city report).HCA Largo Hospital
HCA Largo Hospital ranks fourth with 1,414 employees, 3.4% of Largo's work force (FY2025 city report).Our Buy Box
What We Buy In Largo
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Largo Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Largo
Renters occupy 38.3% of Largo homes. That is 14,366 of 37,548 occupied homes in ACS 2020-2024 tenure data, against 32.4% across Florida. Buildings with 5 or more units hold 14,115 Largo homes, or 30.2% of the stock, against 24.5% statewide (ACS unit counts).
Largo is an older market: 56.5% of homes predate 1980, and the median year built is 1978. Owners who sell multifamily property in Largo are selling buildings that buyers will underwrite for capital repairs.
Rents and affordability
Largo's median gross rent is $1,618 per month, against $1,669 for Florida (ACS 2020-2024). Median household income is $62,096, against $74,568 statewide. Renters paying 30% or more of income on rent are 58.9% of Largo renter households, and 28.2% pay 50% or more (ACS rent burden).
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,597 |
| One-bedroom | $1,648 |
| Two-bedroom | $1,917 |
| Three-bedroom | $2,448 |
| Four-bedroom | $2,977 |
These are HUD fair market rents for the Tampa-St. Petersburg-Clearwater, FL MSA, effective October 1, 2026. Anyone ready to sell commercial real estate in Largo, FL should note that 58.9% rent burden leaves little room for fast rent growth.
Property taxes in Pinellas County
Largo's 2025 total real estate millage is 18.9872 mills, per the Pinellas County Tax Collector. The City of Largo levies 5.5200 mills of that total, according to the city FY2025 annual report. On $2,000,000 of taxable value, the tax is $37,974 ($2,000,000 / 1,000 x 18.9872).
Under Florida Statute 193.1555, a sale is a change of ownership. Qualifying property is then assessed at just value for non-school levies, and later increases are limited to 10% a year. Anyone planning to sell commercial property in Largo, FL should model that reset.
Florida's deed stamp tax is 70 cents per $100 of consideration under Statute 201.02, or $14,000 on $2,000,000. Valuation petitions are due by the 25th day after notice mailing (Statute 194.011).
Landlord rules in Florida
Florida law, not Largo, sets residential landlord rules. Statute 83.425 preempts regulation of residential tenancies to the state.
- Deposits: return within 15 days, or send a claim notice within 30 days (Statute 83.49).
- Nonpayment: 3 days' written demand, excluding weekends and legal holidays (Statute 83.56).
- Month-to-month tenancy: 30 days' notice (Statute 83.57).
What it means for an owner
Largo owners sell into a 38.3% renter market with a 2025 tax bill near $37,974 per $2,000,000. Owners who want to sell commercial property in Largo, FL should price that tax and the post-sale reset first.
Skyline Capital Investments buys 5+ unit apartment buildings. Before you sell your apartment building in Largo, run the cap rate calculator and read our guide to selling an apartment building.
Local Knowledge
Largo Seller Checklist
More about selling in Florida →Investing in Largo? See apartment syndications in Largo →
- Selling commercial property in Largo starts with the 2025 rate of 18.9872 mills and a post-sale reset.
- Owners who sell commercial real estate in Largo, FL pay deed stamp tax of $14,000 on $2,000,000.
- HUD's FY2027 two-bedroom fair market rent is $1,917 for the Tampa area, against Largo's $1,618 median gross rent.
Seller Guides
Selling A Building In Largo
Learn More
Taxes & Rules For Largo Property
The Florida rules that shape any deal in Largo: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Largo Seller FAQ
How much does it cost to sell commercial property in Largo, FL?
Florida's deed documentary stamp tax is 70 cents per $100 of consideration under Statute 201.02, or $14,000 on a $2,000,000 sale. Largo's total 2025 real estate millage is 18.9872 mills, about $37,974 per $2,000,000 of taxable value.
What happens to my assessment if I sell commercial real estate in Largo, FL?
Under Florida Statute 193.1555, a sale is a change of ownership. Qualifying property is assessed at just value on January 1 of the following year for non-school levies, and later annual increases are limited to 10 percent.
How are tenants and deposits regulated for Largo apartments?
Florida law sets the rules, not Largo: Statute 83.425 preempts residential tenancy regulation to the state. Under Statute 83.49, deposits are returned within 15 days, or a claim notice goes out within 30 days. Nonpayment notices run 3 days.
How do I appeal a property tax valuation in Pinellas County?
Under Florida Statute 194.011, a valuation petition must be filed on or before the 25th day after the property appraiser mails the notice. On $2,000,000 of value, each mill equals $2,000, so small changes matter.
How large is the Largo rental market?
ACS 2020-2024 counts 14,366 renter households in Largo, 38.3% of 37,548 occupied homes. Median gross rent is $1,618, and rental vacancy is 8.9% with a 2.3-point margin of error. Homes built before 1980 are 56.5% of the stock.
What if my Largo building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
Do you work with Largo brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Largo, and we keep every conversation confidential.
Can I sell rental property in Largo with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
What do I need to sell my apartment building in Largo?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Selling A Building In Largo?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
