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8-Unit Multifamily Property

1114 1116 1118 1120&1128 WYATT STREET, Largo, FL 33756

For Sale
$1,995,000

Residential Income, LARGO, FL

Property Size7,736 SF
Lot Size1.97 Acres
Price / SF$257.89
Days on Market1186

Property Features for 1114 1116 1118 1120&1128 WYATT STREET

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 49
Full bathrooms 49
Rooms Bathroom 44, Bathroom 1, Bathroom 9, Bathroom 22, Bathroom 5, Bathroom 35, Bathroom 11, Bathroom 21, Bathroom 3, Bathroom 12, Bathroom 26, Bathroom 40, Bathroom 37, Bathroom 31, Bathroom 38, Bathroom 29, Bathroom 46, Bathroom 6, Bathroom 34, Bathroom 42, Bathroom 2, Bathroom 4, Bathroom 25, Bathroom 39, Bathroom 48, Bathroom 30, Bathroom 24, Bathroom 14, Bathroom 10, Bathroom 43, Bathroom 33, Bathroom 47, Bathroom 27, Bathroom 28, Bathroom 36, Bathroom 16, Bathroom 20, Bathroom 45, Bathroom 23, Bathroom 18, Bathroom 49, Bathroom 32, Bathroom 19, Bathroom 17, Bathroom 15, Bathroom 41, Bathroom 13, Bathroom 7, Bathroom 8
Interior features Thermostat, Walk-In Closet(s)
Directions Missouri Ave. West on Wyatt Street
Subdivision 33756 - Clearwater/Belleair
Standard status Active
APN PID #272915 000002100400, PID # 272915000002100500
Size 7,736 SF
Lot size 1.97 Acres

Additional Details

Tenant in Place Yes

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
Legal 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

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
Listed By: Frank Aggio, PA · License FL #3082880
Added: Aug 14, 2023 Changed: Nov 10 Last Checked: Nov 11 at 12:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This multifamily offering combines five adjoining properties along Wyatt Street with eight rental units. The configuration includes single-family homes and a duplex, creating a varied residential layout across the assembled parcels. The properties carry a 1969 construction date and include central air, electric heat, walk-in closets, and public sewer service.

The assemblage includes the addresses 1114, 1116, 1118, 1120, and 1128 Wyatt Street in Largo, at the border of Clearwater and Largo. Combined Wyatt Street frontage is reported at 319 Ft more or less. Existing tenancy includes leases, with one unit reported on a month-to-month arrangement. Prospective purchasers should verify all property, operating, and tenancy information.

Key Highlights

  • Eight rental units across the assembled offering
  • Five adjoining properties included at 1114, 1116, 1118, 1120, and 1128 Wyatt Street
  • 319 Ft more or less of combined frontage on Wyatt St

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$83,956
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,679,120 $1.7M
Cap Rate 7%
$1,199,371 $1.2M
Cap Rate 9%
$932,844 $932.8K
Market Conditions
NOI Build-Up for 7,736 SF
Gross rent
$164.3K $21.24/SF
− Vacancy
−$11.7K −$1.51/SF
EGI
$152.6K $19.73/SF
− OpEx
−$68.7K −$8.88/SF
NOI
$84.0K $10.85/SF
Area
Pinellas County, FL
Vacancy
7.10%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,679,120
Cap Rate 7%
$1,199,371
Cap Rate 9%
$932,844

Alternative Uses

Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,956 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M (±1% cap)
NOI $140,854 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

1031 exchange properties

Lease Details

8
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,031
Businesses Nearby

Demographics for 33756, FL

31,807
Population
15,474
Households
2.1
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
7.2 sq mi
ZIP Area
4,418
Density / Sq Mi
$63,990
Median Household Income
$38,563
Median Earnings
$1,382
Median Rent
$335,800
Median Home Value

Market

Average Price Trend$/SF for Multifamily properties in Largo, FL

$327 Jul
$325 Aug
$305 Sep
$287 Oct

Properties on Market for Multifamily properties in Largo

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The offering combines adjoining parcels with single-family homes and duplex housing in a multi-unit residential configuration.
Where is this multifamily property 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: Eight rental units across the assembled offering; Five adjoining properties included at 1114, 1116, 1118, 1120, and 1128 Wyatt Street; 319 Ft more or less of combined frontage on Wyatt St
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