Medical Office Duplex
2101 INDIAN ROCKS Road S Largo, FL 33774
2101 INDIAN ROCKS Road S, Largo, FL, 33774
$599,000
For Sale
$599,000
SINGLE_FAMILY - LARGO, FL
Property Size2,660 SF
Lot Size0.40 Acres
Price / SF$225.19
Days on Market22
Property Features for 2101 INDIAN ROCKS Road S
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 05-30-15-00000-330-0200
- Size
- 2,660 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PART OF SW 1/4 OF SEC 05-30-15 DESC BEG MOST N'LY COR OF LOT 16, HARBOR HEIGHTS SUB TH S54D35'27"W 61.28FT TH N33D30'30"W 226.87FT TH N56D35'27"E 93.22FT TH S25D24'33"E 226.94FT TO POB
- Tax Annual Amount
- 6266
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Block
Listing agency
FUTURE HOME REALTY INC
(813) 855-4982
Listed by
James Bailey · License #3368352
(727) 809-3038
Added: Jul 1 Updated: Jul 4 at 5:01AM Checked: Jul 22 at 1:06PM
MLS# W7887327
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 medical office duplex includes approximately 2,738 square feet of medical office space arranged as two separate, private units. The property is set on a 0.4-acre parcel and includes ample wrap-around parking along with additional green space. A new roof was installed in 2025.
The duplex is located off Indian Rocks Road, within about 0.2 miles of HCA Largo West Hospital. It also provides access to major corridors including Alt-19, Walsingham Rd, and Gulf Blvd.
The two nearly evenly split units can be used for owner-occupancy or leased to support a variety of uses consistent with City of Largo Residential/Office-General zoning.
The duplex is located off Indian Rocks Road, within about 0.2 miles of HCA Largo West Hospital. It also provides access to major corridors including Alt-19, Walsingham Rd, and Gulf Blvd.
The two nearly evenly split units can be used for owner-occupancy or leased to support a variety of uses consistent with City of Largo Residential/Office-General zoning.
Key Highlights
- Medical office duplex with 2,738 SF of medical office space on a 0.4‑acre parcel
- Two nearly evenly split, separate private units—ideal for owner‑occupancy or leasing
- 24 parking spaces plus additional green space
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 | $69.3k | $26.04 |
| − Vacancy | −$14.2k | −$5.34 |
| EGI | $55.1k | $20.70 |
| − OpEx | −$13.8k | −$5.18 |
| NOI | $41.3k | $15.53 |
2,660 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$590.0K
$516.3K – $688.3K
NOI $41,300 @ 7.0% cap · market cap 6.89%
Second Best
Multifamily LT 5
$443.6K
$388.1K – $517.5K
NOI $31,049 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$691.9K
$605.4K – $807.2K
NOI $48,432 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Medical office duplex offering two separate units and 24 parking spaces on a 0.4-acre parcel off Indian Rocks Road.
Where is this duplex located?
The property is located at 2101 INDIAN ROCKS Road 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: Medical office duplex with 2,738 SF of medical office space on a 0.4‑acre parcel; Two nearly evenly split, separate private units—ideal for owner‑occupancy or leasing; 24 parking spaces plus additional green space
