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Updated Duplex Income Property
For Sale
$430,000

11301 110TH Terrace, Largo, FL 33778

MULTI_FAMILY - LARGO, FL

Property Size1,592 SF
Lot Size0.23 Acres
Price / SF$270.10
Days on Market54

Property Features for 11301 110TH Terrace

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-4
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1
Interior features Built-in Features, Split Bedroom
Exterior features Fence
Fencing Fenced
Subdivision ORANGE BLOSSOM RIDGE
Directions Use GpS
Standard status Active
APN 16-30-15-64043-002-0140
Size 1,592 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORANGE BLOSSOM RIDGE UNIT 1 BLK 2, LOT 14
Tax Annual Amount 5786
Legal Description ORANGE BLOSSOM RIDGE UNIT 1 BLK 2, LOT 14

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1970
Building materials Block
Roof type Shingle
Listing Agency: CHARLES RUTENBERG REALTY INC
Listed By: Brett Tesney · License #3070433
Added: Jun 9 Changed: Jul 29 Last Checked: Aug 1 at 3:06AM
MLS# TB8516483

Copyright © 2026 Stellar MLS. 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 updated duplex features two rental units with separate fenced backyards. The right-half unit is a 3-bedroom, 2-bath layout with completely tiled flooring and a freshly painted interior. Additional highlights include a Florida room and a kitchen with brown cabinetry, along with updated bathrooms.

The second unit is a 1-bedroom, 1-bath configuration with its own fenced backyard. The property is located in Largo, Florida, within minutes of Seminole Mall and St. Pete College, near Walsingham Park, and a short distance to the beaches.

Zoned R-4, the duplex presents a straightforward income-producing structure with two independent backyards and updated interior components.

Key Highlights

  • Duplex built in 1970 with block construction, shingle roof, and central heating plus central air
  • 3‑bedroom, 2‑bath unit (right half) with tiled flooring and freshly painted interior
  • 1‑bedroom, 1‑bath second unit within the duplex

Financial Insights For Multifamily LT 5

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 $28.5k $17.88
− Vacancy −$1.9k −$1.21
EGI $26.5k $16.67
− OpEx −$8.0k −$5.00
NOI $18.6k $11.67
1,592 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$265.5K
$232.3K – $309.7K (±1% cap)
NOI $18,582 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$209.2K
$183.0K – $244.0K (±1% cap)
NOI $14,642 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$414.1K
$362.3K – $483.1K (±1% cap)
NOI $28,986 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Bakery Auto Parts Store (Bike/Boat/Book/etc) Store Daycare Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

670
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two separately fenced backyards, including a 3-bedroom/2-bath unit and a 1-bedroom/1-bath unit.
Where is this duplex located?
The property is located at 11301 110TH Terrace 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: Duplex built in 1970 with block construction, shingle roof, and central heating plus central air; 3‑bedroom, 2‑bath unit (right half) with tiled flooring and freshly painted interior; 1‑bedroom, 1‑bath second unit within the duplex
More about this property
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