Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Largo Commercial Property For Sale Title is generated by Realmo AI

    11151 66TH STREET, Largo, FL 33773

    View on Map
    Claim this Listing
    For Sale
    $1,449,900

    Rare commercial opportunity in central Pinellas County with income potential.

    Type:Commercial
    Property size:
    7,722 SF
    Lot size:
    0.85 Acres
    Price / SF:
    $187/SF
    Added:
    Apr 13, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 14 at 7:08 am

    Property Features for 11151 66TH STREET

    General Information

    Standard status
    Active
    Size
    7,722 SF
    Lot size
    0.85 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1953

    We can help!

    Listing Contact
    MICHAEL BRUNI

    Listing agent MICHAEL BRUNI

    Listing office PROTECH COMMERCIAL REALTY, LLC

    Listing date Apr 13, 2026

    Source Corcoran

    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 PROTECH COMMERCIAL REALTY, LLC

    HighLights

    • Rare value‑add commercial property in central Pinellas County.
    • Flexible multi‑building configuration ideal for owner‑user, investor, or multi‑tenant use.
    • Four buildings totaling 7,722± heated SF on 0.85± acres.
    • Potential for income‑producing occupancy mix and strong value‑add/repositioning upside.
    • Centrally located in Largo, FL, with excellent access to surrounding commercial corridors.
    • Seller financing available.

    Overview

    This commercial property in Largo, Florida, features a configuration of four buildings totaling approximately 7,722 heated square feet, situated on an 0.85-acre lot. The property's layout is suitable for various uses, including owner-users, investors, or businesses seeking a campus-style commercial setting. It is located in an established commercial corridor, providing access to surrounding residential and business areas. The flexible multi-building commercial layout is ideal for owner-user, investor, or multi-tenant use with the potential for an income-producing occupancy mix. The property presents a value-add opportunity with repositioning upside. The CG zoning provides flexible usage. The seller is requiring the property to be purchased through Seller Financing.

    Local Financial Insights For Office B

    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 $201.1k $26.04
    − Vacancy −$41.2k −$5.34
    EGI $159.9k $20.70
    − OpEx −$40.0k −$5.18
    NOI $119.9k $15.53
    7,722 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.71M
    $1.50M – $2.00M (±1% cap)
    NOI $119,894 @ 7.0% cap · market cap 8.27%
    Second Best
    Mixed Use
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $95,907 @ 7.0% cap · market cap 6.61%
    Theoretical Best
    Office A
    $2.01M
    $1.76M – $2.34M (±1% cap)
    NOI $140,599 @ 7.0% cap · market cap 9.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Action Electronic Message ... Industrial Manufacturer Pine Tree Spa ... Alternative Medicine Practice ASAP Bail Bonds Law Firm Top Sound Studios Recording Studio Pine Tree Massage ... Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.729017
    Latitude
    27.874778

    Nearby Similar for Sale

    • $1,499,900
      6,696 SF

      Largo Office Building For Sale

      Well-maintained commercial property with high visibility and accessibility.
      12597 WALSINGHAM ROAD, LARGO, FL 33774
      View Details
    • $1,785,000
      3,520 SF

      Mixed-Use Development Opportunity in Largo

      High-traffic location suitable for retail, medical, or flex development.
      191 BELCHER ROAD S, LARGO, FL 33771
      View Details
    • $799,000
      2,880 SF

      Income-Producing Largo Quadruplex

      Fully leased quadruplex in Largo with immediate income potential.
      122 WERTZ DRIVE, LARGO, FL 33771
      View Details
    • $560,000
      1,526 SF

      Renovated Professional Office in Largo

      Move-in ready office with functional layout and high visibility.
      12574 INDIAN ROCKS ROAD, LARGO, FL 33774
      View Details
    • $3,850,000
      20,547 SF

      Block Office Building with Parking

      Busy corner office building with recent HVAC and roof updates, offering investor income and room to stabilize vacancies.
      2700 E BAY DRIVE, LARGO, FL 33771
      View Details
    • $374,003
      2,151 SF

      Largo Triplex Income Property

      Income-producing triplex near beaches and local attractions in Largo, FL.
      1705 N JEFFERSON AVENUE, LARGO, FL 33770
      View Details
    • $890,000
      3,212 SF

      Free Standing Office Building

      3,212 SF office building on a 0.46-acre corner lot.
      550 E BAY Dr, Largo, FL 33770
      View Details
    • $419,000
      1,718 SF

      Duplex with Separate Utilities

      Well-maintained one-story duplex offering separate electric and water service, ideal for income-oriented buyers seeking stability.
      118 LAKE AVENUE SE, LARGO, FL 33771
      View Details
    • $495,999
      2,294 SF

      Dual-Unit Duplex with Screened Patio

      Two well-kept 2BR/1BA units with screened patio, fenced yard, and separate electric meters—ideal for owner-occupancy and rental income.
      616 HERITAGE LANE, LARGO, FL 33770
      View Details
    • $548,900
      2,480 SF

      Lake Palms Duplex with Yard

      Well-maintained duplex in Largo's Lake Palms subdivision with private yard.
      2824 Meadow View Ave, Largo, FL 33771
      View Details
    • $368,500
      1,650 SF

      Block Construction Duplex Investment

      Two single-level units offer a house-hack setup with one side occupied and the other ready for a new resident.
      3760 135TH AVENUE, LARGO, FL 33771
      View Details
    • $415,000
      2,002 SF

      Largo Duplex with Long-Term Tenants

      Income property in X flood zone with long-term tenants.
      3122 GREEN ACRES AVENUE, LARGO, FL 33771
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Rare commercial opportunity in central Pinellas County with income potential.
    Where is this mixed-use property located?
    The property is located at 11151 66TH STREET Largo, FL.
    What is the asking price?
    The asking price for this property is $1,449,900.
    What are key features of this property?
    This property features: Rare value‑add commercial property in central Pinellas County.; Flexible multi‑building configuration ideal for owner‑user, investor, or multi‑tenant use.; Four buildings totaling 7,722± heated SF on 0.85± acres.
    (813) 995-5544
    We can help!
    Listing Contact
    MICHAEL BRUNI
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11151 66TH STREET, LARGO, FL 33773
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!