Leased Duplex Income
11316 WALSINGHAM Road Largo, FL 33778
11316 WALSINGHAM Road, Largo, FL, 33778
$550,000
For Sale
$550,000
MULTI_FAMILY - LARGO, FL
Property Size1,914 SF
Lot Size0.23 Acres
Price / SF$287.36
Days on Market17
Property Features for 11316 WALSINGHAM Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-4
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Dining Room, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 4
- Parking features
- Open
- Pets allowed
- Yes, Cats OK, Dogs OK
- Interior features
- Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Vaulted Ceiling(s)
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 16-30-15-64062-011-0010
- Size
- 1,914 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ORANGE BLOSSOM RIDGE UNIT 3 BLK 11, LOT 1 LESS RD
- Tax Annual Amount
- 7448
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Tile - Ceramic
- Building materials
- Block, Stucco
- Roof type
- Shingle
Listing agency
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed by
Dominic Fecarotta
(727) 487-4707
Added: Jul 7 Updated: Jul 22 at 12:37PM Checked: Jul 23 at 12:06AM
MLS# TB8526923
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 for-sale duplex is listed as turn-key and is currently leased with tenants in place. The property is configured as a residential income asset with a total size of 1,914 square feet.
The duplex is located in Largo, Florida, in Pinellas County, and is zoned R-4.
With current tenancy and a turn-key presentation, the property is positioned for buyers seeking a leased multifamily arrangement.
The duplex is located in Largo, Florida, in Pinellas County, and is zoned R-4.
With current tenancy and a turn-key presentation, the property is positioned for buyers seeking a leased multifamily arrangement.
Key Highlights
- Duplex built in 1985
- Leased with current tenants
- Public water and public sewer service
Local 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 | $34.2k | $17.88 |
| − Vacancy | −$2.3k | −$1.21 |
| EGI | $31.9k | $16.67 |
| − OpEx | −$9.6k | −$5.00 |
| NOI | $22.3k | $11.67 |
1,914 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.2K
$279.3K – $372.4K
NOI $22,341 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$251.5K
$220.0K – $293.4K
NOI $17,603 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$497.8K
$435.6K – $580.8K
NOI $34,849 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Turn-key duplex offered for sale, currently leased with tenants in place.
Where is this duplex located?
The property is located at 11316 WALSINGHAM Road Largo, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Duplex built in 1985; Leased with current tenants; Public water and public sewer service
