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3446 DAHLIA PLACE, Largo, FL, 33771
Income Duplex with Separate Utilities

3446 DAHLIA PLACE Largo, FL 33771

For Sale
$375,000
Pending

Fully rented duplex with separate utility meters and private laundry in each 2-bedroom, 1-bath unit.

Property Size1,632 SF
Days on Market465

Property Features for 3446 DAHLIA PLACE

General Information

Standard status
Pending
Size
1,632 SF
Property subtype
Multi Family

Building Details

Year Built
1970
Listing Agency: FLORIDA LUXURY REALTY INC
Listed By: Ashley Barrett · License #3451741
Source: Exitrealty
Added: Apr 19, 2025 Changed: Jul 23 Last Checked: Jul 27 at 4:54AM

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 FLORIDA LUXURY REALTY INC


Investment Insights

Based on property information with market context.

This income-producing duplex is fully rented and configured as two separate units. Each unit offers 2 bedrooms and 1 bathroom with private laundry, and the utilities are separately metered. Tenant responsibility for their own utilities supports straightforward day-to-day management.

The property is located at 3446 Dahlia Place in Largo, Florida. The public remarks describe the duplex as tucked away on a quiet street while still being close to beaches, shopping, and commuter routes.

For investors seeking an owner-occupied or portfolio addition, the duplex’s two-unit layout and separate utility meters are key practical features to consider.

Key Highlights

  • Income‑producing duplex built in 1970 with both units fully rented
  • Two 2‑bedroom, 1‑bath units; each unit has private laundry
  • Separate utility meters for each unit

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 $29.2k $17.88
− Vacancy −$2.0k −$1.21
EGI $27.2k $16.67
− OpEx −$8.2k −$5.00
NOI $19.0k $11.67
1,632 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$272.1K
$238.1K – $317.5K (±1% cap)
NOI $19,049 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$214.4K
$187.6K – $250.2K (±1% cap)
NOI $15,010 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$424.5K
$371.4K – $495.3K (±1% cap)
NOI $29,715 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Catering Service Real Estate Agency Pet Grooming Service Locksmith Cosmetic Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully rented duplex with separate utility meters and private laundry in each 2-bedroom, 1-bath unit.
Where is this duplex located?
The property is located at 3446 DAHLIA PLACE Largo, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Income‑producing duplex built in 1970 with both units fully rented; Two 2‑bedroom, 1‑bath units; each unit has private laundry; Separate utility meters for each unit
More about this property
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