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Largo, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,799
Monthly Cash Flow
-$539
Principal + Equity
$2,514
Annual Total Gain
$23,698
Cash on Cash
-7.74%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$333
Occupancy Rate
60.71%
Monthly Revenue
$4,792
Monthly Cash Flow
$1,736
Principal + Equity
$2,514
Annual Total Gain
$50,990
Cash on Cash %
24.93%
Net ROI %
Market Health & Growth
Median Income
$60,465
Population
82,506
LTR Renter %
38.91%
Forecast (1 yr)
0.54%
Appreciation (1 yr)
-7.22%
Appreciation (5 yr)
38.88%
Appreciation (10 yr)
117.99%
Job Growth
1.98%
LTR Rentability
High
STR Demand
68
STR Rentals
1,493
Top Public Schools
ASt. Petersburg Collegiate High School
ASt. Petersburg Collegiate High School North Pinellas
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Places to Retire in Florida
#128out of 660 markets
Best Suburbs for Young Professionals in Florida
#121out of 380 markets
Suburbs with the Lowest Cost of Living in Florida
#120out of 380 markets
B
Public School
C-
Crime And Safety
C
Housing
B
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Largo, FL.
In Largo, FL, short term rentals (STRs) are regulated by the city's Code Enforcement Division. Here are some key regulations that an investor should be aware of before purchasing a property for short term rental purposes in Largo:
1. Licensing and Registration: All short term rental properties in Largo must be properly licensed and registered with the city. This includes obtaining a business tax receipt and complying with any other licensing requirements set forth by the city.
2. Zoning Regulations: Largo has specific zoning regulations that govern where short term rentals are allowed to operate within the city. It is important for investors to ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
3. Occupancy Limits: The city of Largo has occupancy limits for short term rental properties, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they are in compliance with them.
4. Noise and Nuisance Regulations: Largo has noise and nuisance regulations in place to ensure that short term rental properties do not disrupt the peace and quiet of residential neighborhoods. Investors should familiarize themselves with these regulations and take steps to ensure that their property is in compliance.
5. Safety and Building Code Compliance: Short term rental properties in Largo must comply with all applicable safety and building codes. Investors should conduct a thorough inspection of the property to ensure that it meets these requirements before purchasing.
6. Taxation: Investors should be aware that short term rental properties in Largo are subject to local transient occupancy taxes. It is important to understand the tax implications of operating a short term rental property in the city.
By being aware of and complying with these regulations, investors can ensure that their short term rental property in Largo operates smoothly and successfully. It is recommended to consult with a local real estate attorney or property management company familiar with Largo's regulations to ensure full compliance.
Market Trends Over Time
Explore 25 years of market data for Largo, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Largo, FL.
The LTR Genie Score of Largo, FL is 65, indicating a moderate level of attractiveness for long-term rental investment. The STR Genie Score is 82, suggesting a high level of attractiveness for short-term rental or Airbnb investment. The high STR Genie Score can be attributed to the high STR Net ROI of 61.03% and a strong STR occupancy rate of 60.71%. On the other hand, the LTR Genie Score is lower due to a lower LTR Net ROI of 28.37% and a slower LTR rent growth rate of 0.0678%.
Largo, FL is a city located in Pinellas County, Florida, known for its beautiful beaches, parks, and recreational activities. The city offers a mix of suburban and urban living, making it an attractive location for both long-term and short-term rental investments.
Based on the metrics provided, Largo, FL appears to be a more attractive market for short-term rental or Airbnb investments due to the high STR Genie Score and strong performance indicators in that segment. However, investors should also consider the potential for long-term rental investments, especially if looking for more stable and consistent returns over time. Ultimately, a diversified investment strategy that includes both long-term and short-term rental properties could be beneficial in maximizing returns in the Largo, FL market.
