2-Unit Duplex with Fenced
For Sale
$430,000
11301 110TH TER, Largo, FL 33778
Each residence has a fenced backyard, and the three-bedroom unit includes a Florida room.
Property Size1,592 SF
Price / SF$270.10
Days on Market145
Property Features for 11301 110TH TER
General Information
Standard status
Active
Size
1,592 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,785
Amenities
fenced backyard
Florida room
Building Details
Building Size
1,592 SF
Year Built
1970
Buildings
1
Listing Agency:
CHARLES RUTENBERG REALTY INC
Listed By:
Brett Tesney · License #3070433
(866) 580-6402
Source:
Shore2bay
Added: Jun 10
Changed: Oct 31
Last Checked: Oct 31 at 2:22PM
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 CHARLES RUTENBERG REALTY INC
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Investment Insights
Based on property information with market context.
This 1,592-square-foot duplex, built in 1970, contains a three-bedroom, two-bath unit and a one-bedroom, one-bath unit. The three-bedroom residence features tiled floors, a repainted interior, an enclosed Florida room, and updated bathrooms. Its kitchen has brown cabinetry. Both units have separately fenced backyards.
The property is near Seminole Mall, St. Petersburg College, Walsingham Park, and area beaches.
The property is near Seminole Mall, St. Petersburg College, Walsingham Park, and area beaches.
Key Highlights
- Two residences: one with 3 bedrooms and 2 bathrooms, the other with 1 bedroom and 1 bathroom
- 1,592 square feet; built in 1970
- Separate fenced backyards for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,582
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,640
$371.6K
Cap Rate 7%
$265,457
$265.5K
Cap Rate 9%
$206,467
$206.5K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$28.5K $17.88/SF
− Vacancy
−$1.9K −$1.21/SF
EGI
$26.5K $16.67/SF
− OpEx
−$8.0K −$5.00/SF
NOI
$18.6K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,640
Cap Rate 7%
$265,457
Cap Rate 9%
$206,467
Alternative Uses
Best Use
Multifamily LT 5
$265.5K
$232.3K – $309.7K
NOI $18,582 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$209.2K
$183.0K – $244.0K
NOI $14,642 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$414.1K
$362.3K – $483.1K
NOI $28,986 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
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Business Placement
Demographics for 33778, FL
15,068
Population
8,130
Households
1.9
Avg Household Size
51
Median Age
26%
College-Educated
92%
High-School Grad
3.8 sq mi
ZIP Area
3,965
Density / Sq Mi
$63,633
Median Household Income
$40,198
Median Earnings
$1,697
Median Rent
$267,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a fenced backyard, and the three-bedroom unit includes a Florida room.
Where is this duplex located?
The property is located at 11301 110TH TER Largo, FL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 2 bathrooms, the other with 1 bedroom and 1 bathroom; 1,592 square feet; built in 1970; Separate fenced backyards for both units
