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Block Duplex with Central Air
New
For Sale
$515,000

14196 JEFF Road, Largo, FL 33774

MULTI_FAMILY - LARGO, FL

Property Size2,029 SF
Lot Size0.22 Acres
Price / SF$253.82
Days on Market1

Property Features for 14196 JEFF Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 2
Parking features Off Street
Interior features Ceiling Fans(s)
Subdivision INDIAN OAKS UNIT B REFILE
Elementary school Anona Elementary-PN
Middle school Seminole Middle-PN
High school Largo High-PN
Directions North from Indian Rocks Rd and Walsingham. Left of Jeff Rd. Property will be towards the end on left. No sign for now.
Standard status Active
APN 07-30-15-42768-000-0100
Size 2,029 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description INDIAN OAKS UNIT B REFILE LOT 10
Tax Annual Amount 6361
Legal Description INDIAN OAKS UNIT B REFILE LOT 10

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1974
Flooring type Tile, Vinyl
Building materials Block
Roof type Shingle
Listing Agency: REALNET FLORIDA REAL ESTATE
Listed By: Renee Potoczny
Added: Jul 31 Last Checked: Jul 31 at 9:06PM
MLS# TB8533990

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 turnkey duplex features block construction and central air, with ceiling fans and tile or vinyl flooring throughout. The property includes two separate units: a 3-bedroom/2-bath unit and a 2-bedroom/1-bath unit. Both units are fully leased. Tenants cover their own utilities, and laundry is shared.

Major components have been permitted, including a shingle roof installed in 2019 and two permitted HVAC units in 2022. The interior includes electric heating, public water, and public sewer. Off-street parking is available for at least 4 vehicles.

The property sits in Flood Zone X and is described as high and dry. It was built in 1974 and sits on a 0.22-acre lot.

Key Highlights

  • 0.22‑acre duplex lot with block construction, built in 1974
  • Two units: 3‑bedroom/2‑bath and 2‑bedroom/1‑bath, fully leased
  • Permitted roof (2019) and two permitted HVAC units (2022)

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 $36.3k $17.88
− Vacancy −$2.4k −$1.21
EGI $33.8k $16.67
− OpEx −$10.2k −$5.00
NOI $23.7k $11.67
2,029 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$338.3K
$296.0K – $394.7K (±1% cap)
NOI $23,683 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$266.6K
$233.3K – $311.0K (±1% cap)
NOI $18,661 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$527.8K
$461.8K – $615.7K (±1% cap)
NOI $36,943 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Daycare Center Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby

Demographics for 33774, FL

18,145
Population
10,388
Households
1.7
Avg Household Size
51
Median Age
28%
College-Educated
93%
High-School Grad
4.6 sq mi
ZIP Area
3,945
Density / Sq Mi
$76,769
Median Household Income
$41,936
Median Earnings
$1,498
Median Rent
$315,200
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Turnkey, fully leased duplex with two units, public utilities, off-street parking, and permitted major systems.
Where is this duplex located?
The property is located at 14196 JEFF Road Largo, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 0.22‑acre duplex lot with block construction, built in 1974; Two units: 3‑bedroom/2‑bath and 2‑bedroom/1‑bath, fully leased; Permitted roof (2019) and two permitted HVAC units (2022)
More about this property
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