Multi-Property Rental
1114 1116 1118 1120&1128 WYATT STREET Largo, FL 33756
For Sale
$1,995,000
MULTI_FAMILY - LARGO, FL
Property Size7,736 SF
Lot Size1.97 Acres
Price / SF$257.89
Days on Market1076
Property Features for 1114 1116 1118 1120&1128 WYATT STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 49
- Rooms
- Bathroom 32, Bathroom 8, Bathroom 3, Bathroom 15, Bathroom 39, Bathroom 44, Bathroom 38, Bathroom 42, Bathroom 5, Bathroom 46, Bathroom 23, Bathroom 13, Bathroom 20, Bathroom 33, Bathroom 9, Bathroom 49, Bathroom 24, Bathroom 37, Bathroom 1, Bathroom 47, Bathroom 48, Bathroom 40, Bathroom 18, Bathroom 6, Bathroom 25, Bathroom 19, Bathroom 35, Bathroom 16, Bathroom 14, Bathroom 36, Bathroom 21, Bathroom 45, Bathroom 29, Bathroom 10, Bathroom 12, Bathroom 11, Bathroom 17, Bathroom 26, Bathroom 27, Bathroom 34, Bathroom 7, Bathroom 43, Bathroom 30, Bathroom 2, Bathroom 28, Bathroom 41, Bathroom 31, Bathroom 22, Bathroom 4
- Interior features
- Thermostat, Walk-In Closet(s)
- Standard status
- Active
- APN
- PID #272915 000002100400, PID # 272915000002100500
- Size
- 7,736 SF
- Lot size
- 1.97 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Description
- PART OF NW 1/4 OF SEC 27-29-15 DESC AS FROM SW COR OF NE 1/4 OFNW 1/4 OF SEC TH E 230FT,PART OF NW 1/4 OF SEC 27-29-15 DESC AS FROM SW COR OF NE 1/4 OFNW 1/4 OF SEC TH E,PART OF NW 1/4 OF SEC 27-29-15,DESC AS FROM SW COR OF NE 1/4 OF NW 1/4 OF SEC TH E 335FT,BEG 20FT N & 470FT E OF SW COR OF NE 1/4 OF NW 1/4 TH N 260FT TH E 87.5FT TH S 260FT TH W,PART OF NW 1/4 OF SEC 27-29-15 DESC AS FROM SW 1/4 OF NE 1/4 OFNW 1/4 OF SEC TH N 20FT
- Tax Annual Amount
- 14146
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1969
- Number of units
- 8
- Building materials
- Block, Metal Siding, Stucco, Frame, Wood Siding
- Roof type
- Built-Up
Listing Agency:
EQUITY PRO REALTY
(727) 442-6800
Listed By:
Frank Aggio · License #3082880
(727) 410-3684
Added: Aug 14, 2023
Changed: Jul 22
Last Checked: Jul 24 at 11:06PM
MLS# U8210455
Copyright © 2026 Pinellas Suncoast Association of REALTORS®, Inc. 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.
This offering is a rental portfolio comprising units on five adjacent properties with a total of eight rental units. The unit mix includes single-family home units and additional duplex configurations: 1114 and 1116 are single-family homes; 1118 contains two single-family homes; 1120 includes one single-family home plus a duplex with two units; and 1128 includes one single-family home.
The properties are located on the border of the City of Clearwater and the City of Largo. The combined frontage on Wyatt Street is approximately 319 feet, and the overall parcel size is described as about 2.0705 acres more or less. All measurements and financials are stated as needing verification by a prospective buyer.
All tenants are on leases except one unit at 1116, which is described as month-to-month. The portfolio is also presented as suitable for a 1031 exchange.
The properties are located on the border of the City of Clearwater and the City of Largo. The combined frontage on Wyatt Street is approximately 319 feet, and the overall parcel size is described as about 2.0705 acres more or less. All measurements and financials are stated as needing verification by a prospective buyer.
All tenants are on leases except one unit at 1116, which is described as month-to-month. The portfolio is also presented as suitable for a 1031 exchange.
Key Highlights
- 8 rental units across 5 adjacent properties: 1114, 1116, 1118, 1120, and 1128 Wyatt Street
- Unit mix includes multiple single‑family units plus a duplex: 1118 has 2 single‑family homes (2 units), 1120 includes 1 single‑family home and a duplex (3 units)
- Total of 7,665 heated SF (combined) with frontage on Wyatt St of 319 ft (more or less) across the adjoining properties
Financial Insights For Apartment 5plus
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 | $139.2k | $18.00 |
| − Vacancy | −$9.9k | −$1.28 |
| EGI | $129.4k | $16.72 |
| − OpEx | −$58.2k | −$7.52 |
| NOI | $71.1k | $9.20 |
7,736 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.02M
$889.4K – $1.19M
NOI $71,149 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,854 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
1031 exchange properties
FAQs
What type of property is this?
Apartment building - Eight leased rental units are spread across five adjoining Wyatt Street properties near Clearwater-Largo.
Where is this apartment building located?
The property is located at 1114 1116 1118 1120&1128 WYATT STREET Largo, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 8 rental units across 5 adjacent properties: 1114, 1116, 1118, 1120, and 1128 Wyatt Street; Unit mix includes multiple single‑family units plus a duplex: 1118 has 2 single‑family homes (2 units), 1120 includes 1 single‑family home and a duplex (3 units); Total of 7,665 heated SF (combined) with frontage on Wyatt St of 319 ft (more or less) across the adjoining properties
