Income-Generating Duplex Near
10905 126TH AVENUE Largo, FL 33778
10905 126TH AVENUE, Largo, FL, 33778
$485,000
For Sale
$485,000
Well-maintained duplex near beaches, featuring separate garages and fenced yards.
Property Size1,756 SF
Price / SF$276.20
Days on Market464
Property Features for 10905 126TH AVENUE
General Information
- Standard status
- Active
- Size
- 1,756 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1974
Listing Agency
DALTON WADE INC
(727) 288-7488
Listed by
Tara Dixon · License #3390583
(727) 288-7488
Source
Exitrealty
Added: Apr 10, 2025 Checked: Jul 15 at 10:52 pm
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 DALTON WADE INC
Investment Insights
Based on property information with market context.
This is an income-generating duplex property featuring two units. One unit has 2 bedrooms and 2 bathrooms with approximately 1,036 square feet, while the other has 2 bedrooms and 1 bathroom with approximately 776 square feet. The roof was replaced in 2022. Both units include fenced backyard areas and separate garages. The property is separately metered and located in flood zone X. It is situated less than 5 miles from Pinellas County beaches, near Walsingham Park, Lake Seminole, and with access to US 19 and Ulmerton Road. The property is located across the street from a 55+ community. The property features a functional layout and has been well maintained.
Key Highlights
- Income‑generating duplex property.
- New roof installed in 2022.
- Both units have fenced back yard areas and separate garages.
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 | $31.4k | $17.88 |
| − Vacancy | −$2.1k | −$1.21 |
| EGI | $29.3k | $16.67 |
| − OpEx | −$8.8k | −$5.00 |
| NOI | $20.5k | $11.67 |
1,756 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.8K
$256.2K – $341.6K
NOI $20,497 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$230.7K
$201.9K – $269.2K
NOI $16,150 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$456.7K
$399.7K – $532.9K
NOI $31,972 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex near beaches, featuring separate garages and fenced yards.
Where is this duplex located?
The property is located at 10905 126TH AVENUE Largo, FL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Income‑generating duplex property.; New roof installed in 2022.; Both units have fenced back yard areas and separate garages.
