3760 135TH AVENUE Largo, FL 33771
Duplex - LARGO, FL
Property Features for 3760 135TH AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-4
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Pets allowed
- Cats OK, Dogs OK, Yes
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 01-30-15-18126-002-0120
- Size
- 1,650 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4014
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1973
- Number of units
- 2
- Building materials
- Block
- Architectural style
- Other
Listing agent Bradley Chais License #3135765 (813) 421-2855
Listing office KELLER WILLIAMS TAMPA CENTRAL 1208 E Kennedy Blvd, Tampa, FL (813) 865-0700
Listing date May 5, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Largo, FL within Zoning R-4, the duplex sits on a 0.13-acre lot. Flood Zone X is noted in the public remarks. The listing also references proximity to Gulf beaches and major transportation corridors including Ulmerton Road and I-275.
The layout supports a straightforward house-hacking approach, allowing an owner to live in one side while the other unit provides rental income. For investors, the mix of an occupied unit and a vacant unit can simplify operations by offering flexibility for lease-up timing. Each unit’s similar configuration can also help streamline tenanting and property management compared with highly individualized unit designs.
Key Highlights
- House hack opportunity: Live in one unit and rent the other to cover mortgage costs.
- Income‑producing duplex in Largo's Coral Heights.
- Excellent location: 10 minutes from Gulf beaches, close to dining, shopping, Ulmerton Road, and I‑275.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.5k | $17.88 |
| − Vacancy | −$2.0k | −$1.21 |
| EGI | $27.5k | $16.67 |
| − OpEx | −$8.3k | −$5.00 |
| NOI | $19.3k | $11.67 |
