Upgraded Doublewide in Active
For Sale
$129,500
11211 101ST St 93, Largo, FL 33773
Spectacular 2-bedroom, 2-bath doublewide with upgrades in 55+ community.
Property Size900 SF
Days on Market275
Property Features for 11211 101ST St 93
General Information
Standard status
Active
Size
900 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$322
Building Details
Building Size
900 SF
Year Built
1969
Listing Agency:
SELECT REAL ESTATE OF PINELLAS
(727) 584-3588
Listed By:
Carolyn Holton · License #330504
(727) 584-3588
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 24
Last Checked: Aug 29 at 9:38AM
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 SELECT REAL ESTATE OF PINELLAS
Investment Insights
Based on property information with market context.
This impressive doublewide residence features 2 bedrooms and 2 bathrooms, situated on a corner lot. The property includes numerous upgrades and an open living area. A newer double roof was installed in 2018, along with vinyl siding and a central air and heat unit, also in 2018. The open kitchen features a breakfast bar, updated cabinetry, and appliances. Designer laminate floors and furnishings enhance the interior. A 9x11 workshop is included, along with a washer and dryer. The home is located in a 55+ community that offers daily activities, a large heated pool and hot tub, a clubhouse, and a boat ramp. Lake Seminole is nearby. The community is close to beaches, shopping, airports, golf courses, and the VA Hospital. Pets are allowed. The monthly fee is $216.
Key Highlights
- Enjoy an active lifestyle in this 55+ community with a large heated pool, hot tub, clubhouse, and boat ramp.
- Easy access to Lake Seminole for boating and fishing enthusiasts.
- Newer roof (2018), vinyl siding, and central air/heat unit (2018).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,277
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$165,540
$165.5K
Cap Rate 7%
$118,243
$118.2K
Cap Rate 9%
$91,967
$92.0K
Market Conditions
NOI Build-Up for 900 SF
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.
Gross rent
$16.2K $18.00/SF
− Vacancy
−$1.2K −$1.28/SF
EGI
$15.0K $16.72/SF
− OpEx
−$6.8K −$7.52/SF
NOI
$8.3K $9.20/SF
Area
Pinellas County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$165,540
Cap Rate 7%
$118,243
Cap Rate 9%
$91,967
Alternative Uses
Best Use
Apartment 5plus
$118.2K
$103.5K – $138.0K
NOI $8,277 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$234.1K
$204.8K – $273.1K
NOI $16,387 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
Explore this area
Business Placement
Demographics for 33773, FL
17,494
Population
8,353
Households
2.1
Avg Household Size
48
Median Age
31%
College-Educated
91%
High-School Grad
5.1 sq mi
ZIP Area
3,430
Density / Sq Mi
$74,115
Median Household Income
$46,759
Median Earnings
$1,567
Median Rent
$280,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Spectacular 2-bedroom, 2-bath doublewide with upgrades in 55+ community.
Where is this mobile home & rv park located?
The property is located at 11211 101ST St 93 Largo, FL.
What is the asking price?
The asking price for this property is $129,500.
What are key features of this property?
This property features: Enjoy an active lifestyle in this 55+ community with a large heated pool, hot tub, clubhouse, and boat ramp.; Easy access to Lake Seminole for boating and fishing enthusiasts.; Newer roof (2018), vinyl siding, and central air/heat unit (2018).
