Two-Unit Duplex with Attached
211 4TH PLACE SW, Largo, FL 33770
For Sale
$379,000
Each residence has two bedrooms, a private porch, and separately metered utilities.
Property Size1,440 SF
Price / SF$263.19
Days on Market53
Property Features for 211 4TH PLACE SW
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Amenities
porch
screened porch
laundry hookups
central heat and air
Building Details
Year Built
Buildings
Construction
Listing Agency:
KELLY REALTY GROUP LLC
Listed By:
Teri Kelly · License FL #3291243
(727) 276-8477
Source:
Endlesssummerrealty
Added: Sep 24
Changed: Nov 14
Last Checked: Nov 14 at 6:57AM
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 KELLY REALTY GROUP LLC
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Investment Insights
Based on property information with market context.
Built in 1959, this 1,440-SF duplex contains two 2-bedroom, 1-bath units, each measuring 720 SF. A pair of attached garages separates the residences, with laundry hookups in both. Each unit has a porch, including one screened porch. The interiors have no carpeting and feature central heat and air. Improvements include new ductwork, a newer water heater, and a newer A/C in the front unit. A preventive termite maintenance contract is also in place. The lot spans just over a quarter acre, and utilities are separate for each unit.
The property is in southwest Largo, near Largo Central Park, a dog park, Largo High, and Mildred Helms Elementary. Gulf beaches, downtown Clearwater, restaurants, shopping, medical facilities, and St. Pete-Clearwater Airport are also accessible from the location.
The property is in southwest Largo, near Largo Central Park, a dog park, Largo High, and Mildred Helms Elementary. Gulf beaches, downtown Clearwater, restaurants, shopping, medical facilities, and St. Pete-Clearwater Airport are also accessible from the location.
Key Highlights
- Two 2‑bedroom, 1‑bath residences, each 720 SF
- 1,440‑SF duplex built in 1959
- Pair of attached garages with laundry hookups in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,808
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,160
$336.2K
Cap Rate 7%
$240,114
$240.1K
Cap Rate 9%
$186,756
$186.8K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$25.7K $17.88/SF
− Vacancy
−$1.7K −$1.21/SF
EGI
$24.0K $16.67/SF
− OpEx
−$7.2K −$5.00/SF
NOI
$16.8K $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%
$336,160
Cap Rate 7%
$240,114
Cap Rate 9%
$186,756
Alternative Uses
Best Use
Multifamily LT 5
$240.1K
$210.1K – $280.1K
NOI $16,808 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$223.3K
$195.4K – $260.5K
NOI $15,628 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$374.6K
$327.7K – $437.0K
NOI $26,219 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,317
Businesses Nearby
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Business Placement
Demographics for 33770, FL
25,475
Population
13,417
Households
1.9
Avg Household Size
50
Median Age
26%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$58,071
Median Household Income
$39,354
Median Earnings
$1,481
Median Rent
$245,200
Median Home Value
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Market
Average Price Trend$/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 - Each residence has two bedrooms, a private porch, and separately metered utilities.
Where is this duplex located?
The property is located at 211 4TH PLACE SW Largo, FL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath residences, each 720 SF; 1,440‑SF duplex built in 1959; Pair of attached garages with laundry hookups in both units
