Largo Hard Money

ACTION FUNDING INC. funds a construction loan in the Largo area of Florida. The loan included a fund control which will disburse the construction costs back to the borrower and also includes prepaid payments for 9 months. This high leverage private money construction loan was based on the fixed up completed value which gives a borrower much more leverage than loans based on loan to cost. Call Ari at 561-600-0433 to get insight on how you can take advantage of our high leverage construction loans. 

Renderings of finished house

Largo is the third largest city in Pinellas County, Florida, United States as well as the fourth largest in the Tampa Bay area. As of the 2010 Census, the city had a population of 77,648,[4] up from 69,371 in 2000.

Largo was first incorporated in 1905. In 1913, it became the first municipality in Pinellas County to adopt a council-manager government. It switched back and forth from "town" to "city" a few times, and became a city again in 1974. It was an exporter of agricultural products until the 1960s population growth began to transform it into a bedroom community. From 1905 to 2010, Largo grew in area from 9⁄16 square mile (1.5 km2) to about 19 square miles (48 km2), and in population from about 300 people to more than 70,000. Largo began as a rural farming community and became the third largest city in Florida's most densely populated county.

Largo is a sister city to Tosayamada, Kōchi, Japan and has been named a National Arbor Day Tree City for 32 years in a row.

Beginnings of the area:

The native inhabitants of the Largo area were the Tocobaga Indians. They are also known as the Safety Harbor culture from their archeological remains near present-day Safety Harbor. The Spanish came to Florida in the 16th century. In the 18th century, the Tocobaga had been virtually destroyed after years of exposure to European diseases, Spanish settlement efforts and warfare between Spain and England. The Largo area, like the rest of Pinellas County, was largely deserted. In 1763, Spain transferred sovereignty of Florida to The United Kingdom. In 1783, Florida fell to Spanish sovereignty once again until it was transferred to the United States in 1821. By 1845, a surveyor recorded the location of Lake Tolulu, apparently south of present-day East Bay Drive and roughly where the Largo Central Park Nature Preserve is today.

Boardwalk across wetlands in Largo Central Park Nature Preserve, the bed of former Lake Largo

Later, homesteaders to the Largo area were the families of James and Daniel McMullen around 1852. The McMullens and other settlers raised cattle, grew citrus and vegetables and fished. During the Civil War, many Largo area residents fought for the Confederate States of America. James and Daniel McMullen were members of the "Cow Cavalry" driving Florida cattle to Georgia and the Carolinas to help sustain the war effort. Other area residents served on blockade runners. Still others left the area to serve in the Confederacy's armies. After the war, Largo area residents returned to farming, ranching, and raising citrus. The Orange Belt Railway reached the area in 1888. By this time Lake Tolulu had been renamed Lake Largo, and residents of the community west of the lake adopted the name "Largo"

Demographics:

As of the census of 2010, there were 77, 648 people, 38,022 households, and 19,573 families residing in the city. The population density was 4,945.7 inhabitants per square mile (1,912.5/km2). There were 46,859 housing units at an average density of 2,984.6 per square mile (1,154.2/km2). The racial makeup of the city was 86.3% White, 5.6% African American, 0.3% Native American, 2.7% Asian, 0.2% Pacific Islander, 2.6% from other races, and 2.4% from two or more races. 9.0% of the population is Hispanic or Latino of any race.

There were 38,022 households, out of which 16.7% had children under the age of 18 living with them, 36.2% were married couples living together, 11.2% had a female householder with no husband present, and 48.5% were non-families. 39.6% of all households were made up of individuals, and 18.1% had someone living alone who was 65 years of age or older. The average household size was 2.02 and the average family size was 2.67.

In the city, the population was spread out, with 15.6% under the age of 18, 7.1% from 18 to 24, 22.6% from 25 to 44, 28.6% from 45 to 64, and 26.0% who were 65 years of age or older. The median age was 48.2 years.

As of the census[3] of 2000, there were 69,371 people, 34,041 households, and 18,382 families residing in the city. The population density was 4,429.1 inhabitants per square mile (1,710.4/km2). There were 40,261 housing units at an average density of 2,570.5 per square mile (992.6/km2). The racial makeup of the city was 92.71% White, 2.69% African American, 0.34% Native American, 1.69% Asian, 0.08% Pacific Islander, 0.99% from other races, and 1.49% from two or more races. 4.18% of the population is Hispanic or Latino of any race.

There were 34,041 households, out of which 17.0% had children under the age of 18 living with them, 41.8% were married couples living together, 9.0% had a female householder with no husband present, and 46.0% were non-families. 38.5% of all households were made up of individuals, and 19.3% had someone living alone who was 65 years of age or older. The average household size was 1.99 and the average family size was 2.59.

In the city, the population was spread out, with 15.6% under the age of 18, 6.1% from 18 to 24, 25.1% from 25 to 44, 23.0% from 45 to 64, and 30.1% who were 65 years of age or older. The median age was 48 years. For every 100 females, there were 87.0 males. For every 100 females age 18 and over, there were 83.9 males.

The median income for a household in the city was $32,217, and the median income for a family was $41,523. Males had a median income of $30,186 versus $24,477 for females. The per capita income for the city was $20,848. About 6.0% of families and 9.1% of the population were below the poverty line, including 12.0% of those under age 18 and 8.6% of those age 65 or over.