616 HERITAGE LANE, Largo, FL 33770
- Added:
- Apr 12, 2026
- Days on Market:
- 75
- Last Refresh:
- Jun 25 at 12:06 am
Property Features for 616 HERITAGE LANE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Garage, Garage - Attached
- Interior features
- Living Room/Dining Room Combo
- Exterior features
- Fence, Sliding Doors
- Fencing
- Fenced
- Appliances
- Dryer, Range, Refrigerator
- Standard status
- Pending
- APN
- 33-29-15-38262-000-0080
- Size
- 2,294 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3434.27
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1972
- Number of units
- 2
- Building materials
- Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Collier Cundiff License #3278961 (727) 278-2619
Listing office SUNCOAST SHORES REALTY 215 Alpine Court, Palm Harbor, FL (727) 278-2619
Listing date Apr 12, 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.
HighLights
- Two units, each 2BR/1BA with 1‑car garage on a quiet cul‑de‑sac street
- Updated bathroom features shaker cabinet vanity, quartz countertops, and a marble walk‑in shower with glass door
- Living room/dining room combo with sliding doors to a screened patio and a large fenced backyard
- Roof replaced in 2012
- Unit B upgrades include 2026 A/C and 2026 water heater; Unit A includes A/C from 2018 and 2022 water heater
- Separate electric meters and one water meter; washer/dryer for each unit located in the garage
Overview
The property sits on a quiet cul-de-sac street and is described as being close to beaches, downtown Largo, great shopping and restaurants, and the Pinellas Trail.
For buyers, the configuration supports renting both sides or living in one unit while collecting income from the other. Reported major systems include a roof installed in 2012, Unit B A/C in 2026 with a 2026 water heater, and Unit A A/C in 2018 with a 2022 water heater. Please do not disturb tenants. Under contract with accepting backup offers.
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 | $41.0k | $17.88 |
| − Vacancy | −$2.8k | −$1.21 |
| EGI | $38.3k | $16.67 |
| − OpEx | −$11.5k | −$5.00 |
| NOI | $26.8k | $11.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Largo
- County
- Pinellas
- State
- Florida
- Longitude
- -82.805948
- Latitude
- 27.922491
