Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lake Palms Duplex with Yard Title is generated by Realmo AI

    2824 Meadow View Ave, Largo, FL 33771

    View on Map
    Claim this Listing
    For Sale
    $548,900

    Multi-Unit (2-4), Duplex - Largo, FL

    Property size:
    2,480 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $221/SF
    Added:
    Dec 23, 2025
    Days on Market:
    152
    Last Refresh:
    May 24 at 4:06 am

    Property Features for 2824 Meadow View Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    100
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Living Room
    Parking features
    Garage
    Interior features
    Walk-in Closet
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    000000-002.000-0003-0020.000
    Size
    2,480 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2024

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1965
    Year renovated
    1965
    Floors in Building
    1
    Flooring type
    Carpet, Tile
    Building materials
    Stucco
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Brenda Bianchi
    Brenda Bianchi

    Listing agent Brenda Bianchi

    Listing office BIANCHI REALTY & PROPERTY MANAGEMENT INC 9180 OAKHURST RD, SUITE 1, Seminole, FL

    Listing date Dec 23, 2025

    MLS# 11622306 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Risk‑free purchase: Seller offers to buy back the home or sell it for free if the buyer is not satisfied within 12 months.
    • Updated duplex: Property features updates from 2020‑2023 including new plumbing, bathrooms, roof, flooring, and AC condensers.
    • Multi‑family property: Ideal for investors or owner‑occupants seeking a well‑located duplex in central Pinellas County.
    • Large lot with private yard: Property sits on an oversized lot with mature trees and a private yard setting.
    • Bonus offers: Includes a free 1‑year home warranty and potential assistance with selling the buyer's current home.
    • Convenient location: Close to shopping, dining, medical facilities, and major commuter routes while in a quiet residential neighborhood.

    Overview

    Located in the Lake Palms subdivision of Largo, this well-maintained duplex is situated on a quiet street. The single-story property features solid masonry construction and includes two units on an oversized lot with mature trees and a private yard. The property offers clean curb appeal with a concrete walkway, fresh exterior presentation, and ample green space. A 600 square foot storage room in the middle of the structure is currently used by unit A and can be converted into additional living space for either unit. Updates from 2020 to 2023 include new plumbing and sewer line, new bathrooms, one new water heater, new AC condensers, a new roof, new flooring, and interior updates. Each unit features a comfortable layout with generous natural light, durable flooring, and central heating and air. The property has been cared for and offers practical living spaces designed for everyday comfort and ease of maintenance. The property is located in Flood Zone X. Conveniently located near E Bay Drive, the property provides quick access to shopping, dining, medical facilities, and major commuter routes, while remaining tucked into a quiet residential neighborhood. This multi-family property is an opportunity for investors or owner-occupants seeking a well-located property in central Pinellas County. The lot size is 0.19 acres and the property size is 2480 square feet.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $321.6K
    NOI $28,948 @ 9.00% cap · cautious / downside scenario
    Moderate
    $413.5K
    NOI $28,948 @ 7.00% cap · market / base-case scenario
    Aggressive
    $579.0K
    NOI $28,948 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $44.3k $17.88
    − Vacancy −$3.0k −$1.21
    EGI $41.4k $16.67
    − OpEx −$12.4k −$5.00
    NOI $28.9k $11.67
    2,480 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $413.5K
    $361.9K – $482.5K (±1% cap)
    NOI $28,948 @ 7.0% cap · market cap 5.27%
    Second Best
    Apartment 5plus
    $325.8K
    $285.1K – $380.2K (±1% cap)
    NOI $22,809 @ 7.0% cap · market cap 4.16%
    Theoretical Best
    Office A
    $645.1K
    $564.4K – $752.6K (±1% cap)
    NOI $45,155 @ 7.0% cap · market cap 8.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.757912
    Latitude
    27.912517

    Nearby Similar for Sale

    • $1,785,000
      3,520 SF

      Mixed-Use Development Opportunity in Largo

      High-traffic location suitable for retail, medical, or flex development.
      191 BELCHER ROAD S, LARGO, FL 33771
      View Details
    • $799,000
      2,880 SF

      Income-Producing Largo Quadruplex

      Fully leased quadruplex in Largo with immediate income potential.
      122 WERTZ DRIVE, LARGO, FL 33771
      View Details
    • $560,000
      1,526 SF

      Renovated Professional Office in Largo

      Move-in ready office with functional layout and high visibility.
      12574 INDIAN ROCKS ROAD, LARGO, FL 33774
      View Details
    • $3,850,000
      20,547 SF

      Largo Office Building For Sale

      20,000 SF office building with strong cash flow.
      2700 E BAY DRIVE, LARGO, FL 33771
      View Details
    • $640,000
      2,660 SF

      Medical Office Duplex Near Hospital

      Medical office duplex near HCA Largo West Hospital.
      2101 INDIAN ROCKS ROAD S, LARGO, FL 33774
      View Details
    • $399,007
      2,151 SF

      Largo Triplex Income Property

      Income-producing triplex near transportation, shopping, and beaches in Largo, Florida.
      1705 N JEFFERSON AVENUE, LARGO, FL 33770
      View Details
    • $435,000
      1,718 SF

      Largo Duplex with Long-Term Tenants

      Well-maintained duplex with long-term tenants and separate utilities.
      118 LAKE AVENUE SE, LARGO, FL 33771
      View Details
    • $379,900
      1,650 SF

      Largo Duplex: Income Opportunity

      Income-generating duplex near Gulf beaches, ideal for house hacking.
      3760 135TH AVENUE, LARGO, FL 33771
      View Details
    • $890,000
      3,212 SF

      Free Standing Office Building

      3,212 SF office building on a 0.46-acre corner lot.
      550 E BAY Dr, Largo, FL 33770
      View Details
    • $495,999
      2,294 SF

      Largo Duplex Near Beaches

      Duplex in Largo near beaches, shopping, and Pinellas Trail.
      616 HERITAGE LANE, LARGO, FL 33770
      View Details
    • $415,000
      2,002 SF

      Largo Duplex with Long-Term Tenants

      Income property in X flood zone with long-term tenants.
      3122 GREEN ACRES AVENUE, LARGO, FL 33771
      View Details
    • $400,000
      1,456 SF

      Largo Duplex with Long-Term Tenants

      Well-maintained duplex in Largo, Florida with long-term tenants.
      3025 BROOKVIEW AVENUE, LARGO, FL 33771
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Largo's Lake Palms subdivision with private yard.
    Where is this duplex located?
    The property is located at 2824 Meadow View Ave Largo, FL.
    What is the asking price?
    The asking price for this property is $548,900.
    What are key features of this property?
    This property features: Risk‑free purchase: Seller offers to buy back the home or sell it for free if the buyer is not satisfied within 12 months.; Updated duplex: Property features updates from 2020‑2023 including new plumbing, bathrooms, roof, flooring, and AC condensers.; Multi‑family property: Ideal for investors or owner‑occupants seeking a well‑located duplex in central Pinellas County.
    (727) 595-7653
    We can help!
    Listing Contact
    Brenda Bianchi
    Brenda Bianchi
    Real Estate License ID: 574181
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2824 Meadow View Ave, Largo, FL 33771
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!