10598 106TH Ave Largo, FL 33773
New
Four-unit property with immediate cash flow and strong upside potential.
Type:Investment
Property size:
2,736 SFLot size:
0.27 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 6
- Last Refresh:
- Apr 24 at 4:08 pm
Property Features for 10598 106TH Ave
General Information
- Standard status
- Active
- Size
- 2,736 SF
- Lot size
- 0.27 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1957
Listing agent Carmello Pronesti (407) 924-6353
Listing office (407) 924-6353
Listing date Apr 24, 2026
Source Elliman
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 Carmello Pronesti
Overview
Largo Income-Producing Four-Unit Property
This Largo property presents an investor opportunity with a four-unit income-producing asset. The property comprises two separate block buildings, each containing two 1-bedroom, 1-bathroom units, situated on a 11,622 sq ft lot. One building totals approximately 1,256 sq ft, while the second building totals approximately 1,480 sq ft including two attached garages, bringing the total building size to approximately 2,736 sq ft. Three units are currently occupied, and one is vacant, providing an opportunity to place a tenant at market rent or occupy the unit. Current rents are $1,500/month, $1,300/month, and $1,100/month, with the vacant unit projected to rent for approximately $1,145/month. Similar units in the area suggest potential rents of approximately $1,400–$1,450 per month with minor optimization and turnover improvements. The property offers multiple value-add opportunities. Two single-car garages (180 sq ft each) provide additional flexibility. One unit currently utilizes a garage without additional rent, while the second garage is available and could generate additional income estimated at $100+/month per garage. Each garage also includes laundry, creating the possibility for coin-operated laundry income for tenants. Additional features include separate electric meters for tenants on the building that has the two garages, shared electric on the other, separate water heaters for each unit, off-street parking, and long-term tenants currently on annual leases. Two tenants are currently supported through the local housing authority program. Water is currently paid by the landlord. The property has seen recent improvements, including a new roof installed in December 2024 on one building, while the other roof was installed in October 2017. Most units have recently been cleaned and refreshed to maximize rental potential, and one unit includes a private fenced yard area. Constructed in 1955 and 1957, the property is believed to be block construction and is located in Flood Zone X. Professional management is currently in place and can continue managing the property if desired.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Largo
- County
- Pinellas
- State
- Florida
- Longitude
- -82.785723
- Latitude
- 27.868759
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property with immediate cash flow and strong upside potential.
Where is this quadplex located?
The property is located at 10598 106TH Ave Largo, FL.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: Immediate cash flow from a 4‑unit income‑producing property with three units currently rented.; Strong upside potential through market rent adjustments and optimization, with potential rents of $1,400-$1,450 per month per unit.; Value‑add opportunities include renting out the available garage and implementing a RUBS (Ratio Utility Billing System) for water.
