Turn-Key Duplex
For Sale
$550,000
11316 WALSINGHAM ROAD A and B, Largo, FL 33778
Leased duplex A and B provides income with current tenants in place.
Property Size1,914 SF
Price / SF$287.36
Days on Market11
Property Features for 11316 WALSINGHAM ROAD A and B
General Information
Standard status
Active
Size
1,914 SF
Property subtype
Duplex
Building Details
Year Built
1985
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Dominic Fecarotta · License #3118180
Source:
Dennisrealty
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 31 at 5:43AM
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
Investment Insights
Based on property information with market context.
This turn-key duplex includes two units, labeled A and B, and is currently leased with tenants in place. The property is presented as ready for immediate ownership based on the described “turn key” condition.
The duplex is located at 11316 Walsingham Road A and B in Largo, Florida. This listing is being marketed for sale as a residential income property.
Because the units are leased with current tenants, the property is positioned for investors or buyers seeking an income-producing setup rather than vacant possession.
The duplex is located at 11316 Walsingham Road A and B in Largo, Florida. This listing is being marketed for sale as a residential income property.
Because the units are leased with current tenants, the property is positioned for investors or buyers seeking an income-producing setup rather than vacant possession.
Key Highlights
- Leased duplex with current tenants in place
- Duplex A and B are leased
- Built in 1985
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Leased duplex A and B provides income with current tenants in place.
Where is this duplex located?
The property is located at 11316 WALSINGHAM ROAD A and B 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: Leased duplex with current tenants in place; Duplex A and B are leased; Built in 1985
