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    Medical Office Duplex with Parking Title is generated by Realmo AI

    2101 INDIAN ROCKS Rd S, Largo, FL 33774

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    For Sale
    $599,000

    Duplex medical office property with two private units and ample wrap-around parking for owner-occupancy or leasing.

    Type:Commercial
    Property size:
    2,738 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $218/SF
    Added:
    Jul 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 6 at 2:43 am

    Property Features for 2101 INDIAN ROCKS Rd S

    General Information

    Standard status
    Active
    Size
    2,738 SF
    Lot size
    0.40 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1957

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    James Bailey

    Listing office FUTURE HOME REALTY INC

    Listing date Jul 5, 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 FUTURE HOME REALTY INC

    HighLights

    • 2,738 SF medical office duplex built in 1957 with two separate, private units
    • 0.4‑acre parcel with ample wrap‑around parking plus 24 parking spaces and additional green space
    • New roof installed in 2025
    • Located on Indian Rocks Road, about 0.2 miles from HCA Largo West Hospital
    • Two nearly evenly split units on a residential/office‑general zoning classification (City of Largo)

    Overview

    This medical office duplex offers two separate, private units suited for owner-occupancy or for leasing out to different uses. The offering includes 2,738 square feet of medical office space on a 0.4-acre parcel, with ample wrap-around parking designed to support patient and staff access. The property also benefits from a new roof installed in 2025, along with additional green space on site.

    The property is located on Indian Rocks Road, within 0.2 miles of HCA Largo West Hospital. Two nearly evenly split units are situated off Indian Rocks Road, providing convenient connectivity to major West Pinellas corridors including Alt-19, Walsingham Rd, and Gulf Blvd.

    With City of Largo Residential/Office-General zoning, the duplex can support a range of office-oriented uses, making it a practical fit for medical practices looking to be close to a hospital campus, or for buyers who want the flexibility of operating in one unit while leasing the other.

    Local Financial Insights For Office B

    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 $71.3k $26.04
    − Vacancy −$14.6k −$5.34
    EGI $56.7k $20.70
    − OpEx −$14.2k −$5.18
    NOI $42.5k $15.53
    2,738 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $607.3K
    $531.4K – $708.5K (±1% cap)
    NOI $42,511 @ 7.0% cap · market cap 7.10%
    Second Best
    Healthcare Medical
    $360.8K
    $315.7K – $420.9K (±1% cap)
    NOI $25,253 @ 7.0% cap · market cap 4.22%
    Theoretical Best
    Office A
    $712.2K
    $623.2K – $830.9K (±1% cap)
    NOI $49,852 @ 7.0% cap · market cap 8.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Lisa C. Wolsey, ... Alternative Medicine Practice Gulf Coast Internist, ... Medical Clinic AAA Acu-Med Health ... Medical Clinic Kavita Rao M.D. Medical Clinic Kimberly A. Holtz, MS Marriage Or Relationship Counselor

    Suggested Use

    Law Firm Restaurant Hair Salon Nail Salon Spa & Massage Center Gym & Fitness Center Accounting Firm Daycare Center Dental Office Department Store

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

    Similar Places Nearby

    • Paradise Pet Motel — 1631 W Bay Dr, Largo, FL 33770, United States
    • Community Veterinary Hospital — 1631 W Bay Dr, Largo, FL 33770
    • Animal Hospital of West Bay — 2520 W Bay Dr, Largo, FL 33770
    • Bluffs Animal Hospital PA — 320 Indian Rocks Rd N, Belleair Bluffs, FL 33770

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.826784
    Latitude
    27.89749

    FAQs

    What type of property is this?
    Medical Office Space - Duplex medical office property with two private units and ample wrap-around parking for owner-occupancy or leasing.
    Where is this medical office space located?
    The property is located at 2101 INDIAN ROCKS Rd S Largo, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 2,738 SF medical office duplex built in 1957 with two separate, private units; 0.4‑acre parcel with ample wrap‑around parking plus 24 parking spaces and additional green space; New roof installed in 2025
    More about this property
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