4-Unit
For Sale
Under Contract
$550,000
10598 106TH Avenue, Largo, FL 33773
Residential Income, LARGO, FL
Property Size1,860 SF
Lot Size0.27 Acres
Price / SF$295.70
Days on Market114
Property Features for 10598 106TH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-4
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Family Room, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 1
Parking features
Driveway
Interior features
Kitchen/Family Room Combo, Open Floorplan
Exterior features
Lighting
Subdivision
SEMINOLE PARK MANOR
Elementary school
Starkey Elementary-PN
Middle school
Osceola Middle-PN
High school
Seminole High-PN
Directions
Seminole Blvd, East On 106 Th Ave (Poor Bob'S Convenience Store Is On The Corner) Units Are Approx 3 Buildings Down On The Right
Standard status
Active Under Contract
APN
15-30-15-80046-000-0050
Size
1,860 SF
Lot size
0.27 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
SEMINOLE PARK MANOR LOT 5 & W 10FT OF LOT 6
Tax Annual Amount
7791
Legal Description
SEMINOLE PARK MANOR LOT 5 & W 10FT OF LOT 6
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating), Electric (Heating), Central
Cooling system
Window Unit(s), Central Air, Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1957
Flooring type
Tile
Building materials
Block, Concrete, Stucco
Roof type
Membrane
Buildings
2
Listing Agency:
EXP REALTY LLC
Listed By:
Jeffrey Borham, PA · License #3115528
(866) 308-7109
Added: Jul 9
Changed: Oct 30
Last Checked: Oct 30 at 3:06PM
MLS# TB8529613
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.
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Investment Insights
Based on property information with market context.
This 1,860-square-foot quadplex contains four one-bedroom, one-bathroom apartments divided between two buildings. Three units are rented, and the fourth is in the process of renovation. Two apartments have attached one-car garages. The property was built in 1957 and has R-4 zoning on a 0.27-acre lot.
One building has a 2024 roof, while the other has a 2017 roof. The property is in Largo, approximately 15 minutes from Indian Rocks Beach, and near Walsingham Park, shopping, and restaurants. Public water and sewer serve the site.
One building has a 2024 roof, while the other has a 2017 roof. The property is in Largo, approximately 15 minutes from Indian Rocks Beach, and near Walsingham Park, shopping, and restaurants. Public water and sewer serve the site.
Key Highlights
- Four 1‑bedroom, 1‑bathroom apartments across two buildings
- Three units rented; fourth unit undergoing renovation
- Two units have attached one‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,711
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,220
$434.2K
Cap Rate 7%
$310,157
$310.2K
Cap Rate 9%
$241,233
$241.2K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$33.3K $17.88/SF
− Vacancy
−$2.2K −$1.21/SF
EGI
$31.0K $16.67/SF
− OpEx
−$9.3K −$5.00/SF
NOI
$21.7K $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%
$434,220
Cap Rate 7%
$310,157
Cap Rate 9%
$241,233
Alternative Uses
Best Use
Multifamily LT 5
$310.2K
$271.4K – $361.9K
NOI $21,711 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$244.4K
$213.8K – $285.1K
NOI $17,107 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$483.8K
$423.3K – $564.4K
NOI $33,866 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
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Business Placement
Demographics for 33773, FL
17,494
Population
8,353
Households
2.1
Avg Household Size
48
Median Age
31%
College-Educated
91%
High-School Grad
5.1 sq mi
ZIP Area
3,430
Density / Sq Mi
$74,115
Median Household Income
$46,759
Median Earnings
$1,567
Median Rent
$280,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Three apartments are occupied, while the remaining unit is being renovated.
Where is this quadplex located?
The property is located at 10598 106TH Avenue Largo, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bathroom apartments across two buildings; Three units rented; fourth unit undergoing renovation; Two units have attached one‑car garages
