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Duplex with Updated Systems

2293 18TH AVE SW, Largo, FL 33774

For Sale
$415,000

Residential Income, LARGO, FL

Property Size1,588 SF
Lot Size0.20 Acres
Price / SF$261.34
Days on Market60

Property Features for 2293 18TH AVE SW

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning MULTI-FAMILY <10 UNITS
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 4
Parking features Assigned, Off Street
Interior features Ceiling Fans(s)
Exterior features Garden, Sidewalk
Subdivision GULF TERRACE
Directions Take E Bay Dr (686) to Clearwater/Largo Rd S, turn W onto Eight Avenue SW, turn South on Trotter Rd and East onto 18th Ave SW.
Special listing conditions Probate Listing
Standard status Active
APN 04-30-15-34524-000-0350
Size 1,588 SF
Lot size 0.20 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description GULF TERRACE LOT 35
Tax Annual Amount 4752
Legal Description GULF TERRACE LOT 35

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1970
Number of units 1
Building materials Block, Stucco
Roof type Shingle
Listing Agency: ALIGN RIGHT REALTY LLC
Listed By: Jacqueline Hammond, PLLC · License FL #3462440
Added: Sep 12 Changed: Nov 6 Last Checked: Nov 10 at 2:06AM
MLS# TB8548189

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.

Built in 1970, this block-and-stucco duplex contains two three-bedroom, one-bath residences, totaling 1,588 square feet on a 0.2-acre lot. Both units are rented. Each has a newer A/C unit and water heater; the property also has central heating and cooling, assigned and off-street parking, and public water and sewer. Zoning is MULTI-FAMILY <10 UNITS.

Shopping, dining, parks, and Gulf beaches are described as nearby. Sidewalks and a garden are among the exterior features.

Key Highlights

  • Two three‑bedroom, one‑bath units; both are rented
  • 1,588 square feet on a 0.2‑acre lot
  • Newer A/C units and water heaters in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,536
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,720 $370.7K
Cap Rate 7%
$264,800 $264.8K
Cap Rate 9%
$205,956 $206.0K
Market Conditions
NOI Build-Up for 1,588 SF
Gross rent
$28.4K $17.88/SF
− Vacancy
−$1.9K −$1.21/SF
EGI
$26.5K $16.67/SF
− OpEx
−$7.9K −$5.00/SF
NOI
$18.5K $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%
$370,720
Cap Rate 7%
$264,800
Cap Rate 9%
$205,956

Alternative Uses

Best Use
Multifamily LT 5
$264.8K
$231.7K – $308.9K (±1% cap)
NOI $18,536 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$246.2K
$215.4K – $287.2K (±1% cap)
NOI $17,234 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$413.1K
$361.4K – $481.9K (±1% cap)
NOI $28,914 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

201
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Largo, FL

$266 Jul
$258 Aug
$255 Sep
$244 Oct

Properties on Market for Duplexes in Largo

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased, with three bedrooms, one bath, newer A/C units, and newer water heaters in each.
Where is this duplex located?
The property is located at 2293 18TH AVE SW Largo, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two three‑bedroom, one‑bath units; both are rented; 1,588 square feet on a 0.2‑acre lot; Newer A/C units and water heaters in each unit
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