Duplex with Additional Living
17 JEFF Road, Largo, FL 33774
For Sale
$590,900
Residential Income, LARGO, FL
Property Size2,479 SF
Lot Size0.24 Acres
Price / SF$238.36
Days on Market36
Property Features for 17 JEFF Road
General Information
Property type
Property subtype
Pets allowed
Interior features
Exterior features
Fencing
Fireplace
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
fireplace
Building Details
Year built
Building materials
Roof type
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Tom Norman · License FL #674848
(727) 410-5512
Added: Oct 11
Changed: Nov 15
Last Checked: Nov 15 at 1:06AM
MLS# TB8558503
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.
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Investment Insights
Based on property information with market context.
The property includes a two-bedroom, two-bath main house with an open layout, fireplace, updated kitchen and baths, stainless steel appliances, and terra-cotta flooring. A second 800-square-foot building connects to the house by a breezeway; its interior is finished, but plumbing remains incomplete. The site also has a detached block garage with capacity for 1.5 cars.
Both residential buildings have new roofs. The 0.24-acre lot is fenced, and a written City of Largo document confirms that it meets setback requirements. The main house was built in 1951.
Both residential buildings have new roofs. The 0.24-acre lot is fenced, and a written City of Largo document confirms that it meets setback requirements. The main house was built in 1951.
Key Highlights
- Two‑bedroom, two‑bath main house with open layout and fireplace
- Attached‑by‑breezeway building offers 800 square feet; plumbing is unfinished
- Detached block garage accommodates 1.5 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,936
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,720
$578.7K
Cap Rate 7%
$413,371
$413.4K
Cap Rate 9%
$321,511
$321.5K
Market Conditions
NOI Build-Up for 2,479 SF
Gross rent
$44.3K $17.88/SF
− Vacancy
−$3.0K −$1.21/SF
EGI
$41.3K $16.67/SF
− OpEx
−$12.4K −$5.00/SF
NOI
$28.9K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,720
Cap Rate 7%
$413,371
Cap Rate 9%
$321,511
Alternative Uses
Best Use
Multifamily LT 5
$413.4K
$361.7K – $482.3K
NOI $28,936 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$384.3K
$336.3K – $448.4K
NOI $26,904 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$644.8K
$564.2K – $752.3K
NOI $45,137 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
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Business Placement
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
$315,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Largo, FL
Properties on Market for Duplexes in Largo
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A separate finished building offers potential for an in-law suite or accessory dwelling unit after plumbing work is completed.
Where is this duplex located?
The property is located at 17 JEFF Road Largo, FL.
What is the asking price?
The asking price for this property is $590,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bath main house with open layout and fireplace; Attached‑by‑breezeway building offers 800 square feet; plumbing is unfinished; Detached block garage accommodates 1.5 cars
