Market Research & Comparable Sales Analysis
Approximately 3 bedrooms, 1 bathroom and 1,080 square feet.
I pulled a market snapshot around 2740 21st Ave SW, Largo, FL 33774, using homes as close as possible to the subject property's size and configuration.
View Subject Property on Realtor.com
Best Recent Sold Comparables
| Property | Beds / Baths | Sq Ft | Sold Price & Date | Price / Sq Ft | Analysis |
|---|---|---|---|---|---|
| 2603 Mary Sue St SW | 3 / 1 | 1,089 | $345,000 Aug. 17, 2026 | $317 | Excellent size match and one of the strongest recent comps. |
| 2149 Mary Sue St | 3 / 1 | 971 | $300,000 May 29, 2026 | $309 | Very useful 3/1 comp with recent updates. |
| 2203 Gladys St | 3 / 1 | 1,156 | $270,000 Jul. 31, 2026 | $234 | Useful lower-end/value comp. |
| 2220 Lauren Dr | 3 / 1.5 | 1,076 | $407,000 Jun. 30, 2026 | $378 | Almost identical square footage, but a superior price and condition benchmark. |
| 2873 Karen Ave | 3 / 1 | 960 | $332,000 Jul. 17, 2025 | $346 | Fully renovated comp representing stronger retail condition. |
| 3026 19th Pl SW | 3 / 1 | 975 | $290,000 Jul. 9, 2025 | $297 | Older sale but useful for the lower-to-middle range. |
| 2733 21st Ave SW | 3 / 2 | 1,130 | $395,000 Sep. 23, 2025 | $350 | Extremely close geographically, but superior because it has 2 baths and was renovated. |
The first four sales are particularly useful because they closed during 2026. Recent Redfin data confirms sales including $345,000 for 2603 Mary Sue St SW, $270,000 for 2203 Gladys St, $300,000 for 2149 Mary Sue St and $407,000 for 2220 Lauren Dr.
High-End Size Match: 2220 Lauren Dr
The $407,000 sale at 2220 Lauren Dr is noteworthy because it contains approximately 1,076 sq ft, making it nearly identical in size to the subject. However, it has 1.5 bathrooms and appears to represent the upper end of the neighborhood's value range for a small, nicely presented home.
View 2220 Lauren Dr on Realtor.com
Strongest Normal Retail Comparable
2603 Mary Sue St SW
This may be the most informative recent comparable. It is a 3-bedroom / 1-bath home with 1,089 sq ft, almost identical in size to the subject's 1,080 sq ft.
The property ultimately sold for $345,000 after being marketed at approximately $359,900 and later reduced to $349,900.
That sale equates to approximately $317 per square foot.
This produces a strong center point around $342,000 for a comparable home in competitive retail condition.
View Recently Sold Homes in 33774
Lower-End Comparable
2203 Gladys St
2203 Gladys St sold for $270,000 with 3 bedrooms, 1 bathroom and 1,156 sq ft. The sale equates to approximately $234 per square foot.
Although the property reportedly had newer major components such as the roof and HVAC, its sale price and transaction characteristics make it more useful as a lower-bound comp than as the primary valuation benchmark.
Another Strong 3/1 Comparable
2149 Mary Sue St
2149 Mary Sue St is a 3-bedroom / 1-bath, 971-sq-ft home that sold for $300,000, approximately $309 per square foot.
Improvements reportedly included HVAC, flooring, interior paint and stainless-steel appliances. The home was originally marketed near $350,000 and ultimately sold approximately 14% below its initial asking price.
Together, 2149 Mary Sue St and 2603 Mary Sue St SW provide two useful valuation indications of approximately $334,000–$342,000.
View 2149 Mary Sue St on Realtor.com
High-End Renovated Comparable
2873 Karen Ave
2873 Karen Ave sold for $332,000 despite having only 960 sq ft. The home was reportedly fully renovated with improvements including a new kitchen, windows, air conditioning, flooring, paint and fencing.
The sale equates to approximately $346 per square foot.
Based on this quality level, approximately $365,000–$375,000 appears to be a reasonable renovated-retail scenario rather than an as-is valuation.
Very Close Geographic Comparable
2733 21st Ave SW
One of the most interesting location-specific comparables is 2733 21st Ave SW, located extremely close to the subject.
It is a 3-bedroom / 2-bath home with approximately 1,130 sq ft and sold for $395,000 on September 23, 2025, approximately $350 per square foot.
The home was extensively updated and marketed as turnkey. The additional bathroom and renovated condition make it clearly superior to an average 3/1, but the transaction is useful because it demonstrates that this immediate neighborhood can support approximately $395,000 retail for a small renovated 3/2.
View 2733 21st Ave SW on Redfin
Current and Recent Competition
2603 Mary Sue St SW
This 3/1, 1,089-sq-ft property was initially offered at approximately $359,900, reduced to approximately $349,900, and was later reported sold for $345,000.
View 2603 Mary Sue St SW Listing
3579 Pocahontas Dr
Another relevant 3/1 example in ZIP code 33774 is approximately 1,092 sq ft and has been marketed around $379,000. It is updated and located on an oversized, elevated corner lot, so it should be viewed as superior retail competition rather than a direct dollar-for-dollar comparable.
Estimated Value of 2740 21st Ave SW
If the subject is confirmed as approximately 3 bedrooms, 1 bathroom and 1,080 sq ft, the following condition-based retail valuation ranges are reasonable starting points:
| Property Condition | Estimated Retail Value |
|---|---|
| Needs substantial updating / dated | $275,000–$305,000 |
| Average maintained condition | $310,000–$335,000 |
| Nicely updated / retail ready | $335,000–$355,000 |
| Full quality renovation | $360,000–$380,000+ |
$310,000–$330,000
This assumes the home is generally functional but dated and in need of modernization rather than suffering from major structural defects.
For a clean, retail-ready property, a reasonable CMA center point would be approximately $340,000–$350,000.
Automated Valuations
Automated valuation models appear scattered. Previous online estimates have placed the property substantially below some of the more recent closed-sale evidence.
For that reason, automated valuations should not be relied upon heavily. Recent closed 3-bedroom / 1-bath transactions in the immediate market provide more useful evidence for valuation.
Investor / Cash Buyer Analysis
For an investor evaluating the property as a renovation and resale project, an initial working After Repair Value range would be:
$350,000–$370,000
A simplified traditional investor formula can be expressed as:
Using a hypothetical $40,000 renovation:
Or at a $370,000 ARV:
Under a lighter-rehab or tighter-margin strategy, an investor might justify an acquisition somewhere in the low-to-mid $200,000 range. However, a reliable Maximum Allowable Offer should be based on actual property condition, renovation scope and required profit.
Major Renovation Items to Verify
- Roof condition and permit completion
- HVAC age and condition
- Electrical panel and wiring
- Plumbing and supply lines
- Windows and exterior doors
- Kitchen condition
- Bathroom condition
- Flooring
- Interior drywall and paint
- Exterior paint and curb appeal
- Foundation or structural issues
- Drainage or flood-related concerns
- Possible layout improvements or second-bath addition
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