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Side-by-Side Duplex
New
For Sale
$399,900

10597 /10595 101st Ave, Seminole, FL 33772

Separate water meters serve two occupied units, each with its own kitchen and laundry setup.

Property Size1,720 SF
Price / SF$232.50
Days on Market2

Property Features for 10597 /10595 101st Ave

General Information

Standard status Active
Size 1,720 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

attached garage
private laundry area
screened covered porch
gated side access
stackable washer/dryer

Building Details

Year Built 1982
Buildings 1
Listing Agency: SERVICE NEAR REALTY
Listed By: Lei Cheng · License #3606799
Source: Flflourish
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SERVICE NEAR REALTY

Investment Insights

Based on property information with market context.

This 1982 side-by-side duplex contains two units totaling 1,720 square feet. The larger residence offers 1,048 square feet, two bedrooms, one bath, a full kitchen, and an attached one-car garage with a private laundry area. A screened, covered porch connects to the backyard from the primary bedroom. The 672-square-foot unit has one bedroom, one bath, a full kitchen, in-bedroom stackable laundry, and gated side access to the backyard. Each unit has a separate water meter.

Both units are occupied under leases running through May 31, 2027. Property updates include a 2021 roof, 2020 air conditioning, 2023 interior and exterior paint, kitchen lighting, tile flooring, and professionally reglazed bathroom surfaces.

Key Highlights

  • Two‑unit duplex with 1,720 square feet total
  • Larger unit: 1,048 square feet, two bedrooms, one bath, and an attached one‑car garage
  • Smaller unit: 672 square feet, one bedroom, one bath, and stackable in‑bedroom laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,077
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,540 $401.5K
Cap Rate 7%
$286,814 $286.8K
Cap Rate 9%
$223,078 $223.1K
Market Conditions
NOI Build-Up for 1,720 SF
Gross rent
$30.8K $17.88/SF
− Vacancy
−$2.1K −$1.21/SF
EGI
$28.7K $16.67/SF
− OpEx
−$8.6K −$5.00/SF
NOI
$20.1K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,540
Cap Rate 7%
$286,814
Cap Rate 9%
$223,078

Alternative Uses

Best Use
Multifamily LT 5
$286.8K
$251.0K – $334.6K (±1% cap)
NOI $20,077 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$226.0K
$197.7K – $263.7K (±1% cap)
NOI $15,819 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$447.4K
$391.5K – $522.0K (±1% cap)
NOI $31,317 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby

Demographics for 33772, FL

24,121
Population
12,340
Households
2
Avg Household Size
51
Median Age
32%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
4,551
Density / Sq Mi
$74,026
Median Household Income
$46,187
Median Earnings
$1,454
Median Rent
$327,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate water meters serve two occupied units, each with its own kitchen and laundry setup.
Where is this duplex located?
The property is located at 10597 /10595 101st Ave Seminole, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,720 square feet total; Larger unit: 1,048 square feet, two bedrooms, one bath, and an attached one‑car garage; Smaller unit: 672 square feet, one bedroom, one bath, and stackable in‑bedroom laundry
More about this property
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