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Individually Metered Duplex with Patios

1109 E ROHE STREET Tarpon Springs, FL 34689

1109 E ROHE STREET, Tarpon Springs, FL, 34689
$459,900
For Sale
Claim this Listing
$459,900

Duplex - TARPON SPRINGS, FL

Property Size1,680 SF
Lot Size0.25 Acres
Price / SF$273.75
AddedApr 17
Days on Market90
Last RefreshJul 15 at 2:06 am

Property Features for 1109 E ROHE STREET

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-4
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features
Driveway, Off Street
Pets allowed
Yes
Interior features
Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Thermostat
Exterior features
Corner Lot, Paved, Fence, Lighting, Sliding Doors
Fencing
Fenced
Appliances
Dishwasher, Range, Refrigerator, Washer
Standard status
Active
APN
07-27-16-47538-001-0130
Size
1,680 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6294

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1981
Number of units
2
Flooring type
Carpet, Tile
Building materials
Block, Stucco
Roof type
Shingle
Architectural style
Other

Listing agent Lance Willard LLC License #3384517

Listing office CHARLES RUTENBERG REALTY INC 1545 S Belcher Rd, Clearwater, FL

Listing date Apr 17, 2026

MLS# TB8499092 Listing URL

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.

1109 E Rohe Street is a fully occupied duplex offering two separate 2-bedroom, 1-bathroom units. Each unit is individually metered and includes laundry hookups, with a laundry closet on the private porch. Interiors feature an open floor plan connecting the kitchen and living areas, and the bedrooms are positioned along the exterior walls. The property has been well maintained, including major system updates: water heaters installed in 2021, HVAC systems from 2018 and 2012, and electrical that is currently insurable. Exterior amenities include a shared private patio area and a large fenced backyard. Parking includes a large parking pad in front of the property, providing two spaces for each unit, along with ample street parking.

The duplex is located within the historic city limits of Tarpon Springs in Pinellas County. The area is described as close to local restaurants, shops, markets, golf courses, the Pinellas Trail, and Tampa Bay area beaches.

For buyers or investors seeking a rental property, the unit layout supports separate household living with private porches and dedicated laundry space. With individually metered utilities and documented mechanical updates, the property may appeal to operators looking to manage a two-unit asset with defined, separate services and outdoor common space.

Key Highlights

  • Income‑producing duplex in a desirable Tarpon Springs location.
  • Each unit is individually metered with its own laundry hookups.
  • Major system updates: water heaters (2021), HVAC (2018 & 2012), and insurable electrical.

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 $30.0k $17.88
− Vacancy −$2.0k −$1.21
EGI $28.0k $16.67
− OpEx −$8.4k −$5.00
NOI $19.6k $11.67
1,680 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$280.1K
$245.1K – $326.8K (±1% cap)
NOI $19,610 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$220.7K
$193.1K – $257.5K (±1% cap)
NOI $15,451 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$382.7K
$334.9K – $446.5K (±1% cap)
NOI $26,789 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Parking Lot & Garage Cafe & Coffee Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully occupied duplex with two 2-bedroom units, individual meters, in-unit laundry hookups, and fenced outdoor space.
Where is this duplex located?
The property is located at 1109 E ROHE STREET Tarpon Springs, FL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Income‑producing duplex in a desirable Tarpon Springs location.; Each unit is individually metered with its own laundry hookups.; Major system updates: water heaters (2021), HVAC (2018 & 2012), and insurable electrical.
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