Renovated Furnished
270 4TH NW STREET A&B Largo, FL 33770
For Sale
$535,000
Pending
Turnkey, licensed short-term rental duplex with two renovated 2BR/1BA units and private patios for each unit.
Property Size1,656 SF
Days on Market521
Property Features for 270 4TH NW STREET A&B
General Information
- Standard status
- Pending
- Size
- 1,656 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1961
Listing Agency:
LPT REALTY, LLC
(309) 825-3888
Listed By:
Adem Aydoner · License #3376995
(309) 825-3888
Source:
Exitrealty
Added: Feb 21, 2025
Changed: Jul 21
Last Checked: Jul 26 at 7:00AM
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 LPT REALTY, LLC
Investment Insights
Based on property information with market context.
Turnkey, licensed short-term rental duplex sold fully furnished, featuring two renovated 2BR/1BA units on a corner lot. Both units offer an open floor plan with pristine vinyl floors, elegant lighting, and newly equipped kitchens with stainless steel appliances and upgraded cabinetry. Unit A includes a central AC system and a kitchen with hand-finished butcher block countertops, a tile backsplash, and a quartz countertop island. Unit B is served by a mini-split unit and features quartz countertops with a quartz and tile backsplash. A newer roof (2019) and dedicated water heaters for each unit support day-to-day convenience.
The property also includes a shared full-size utility room with washer/dryer hookups and private patio areas for each unit.
With separate climates controls and updated interiors, this renovated duplex is set up for flexible use as either a short-term or long-term rental, or as a live-in-and-rent configuration.
The property also includes a shared full-size utility room with washer/dryer hookups and private patio areas for each unit.
With separate climates controls and updated interiors, this renovated duplex is set up for flexible use as either a short-term or long-term rental, or as a live-in-and-rent configuration.
Key Highlights
- Renovated duplex built in 1961 with two 2BR/1BA units on a corner lot
- Licensed short‑term rental sold fully furnished
- Unit A and Unit B each feature an open floor plan with newly equipped kitchens and stainless steel appliances
Financial Insights For Multifamily LT 5
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 | $29.6k | $17.88 |
| − Vacancy | −$2.0k | −$1.21 |
| EGI | $27.6k | $16.67 |
| − OpEx | −$8.3k | −$5.00 |
| NOI | $19.3k | $11.67 |
1,656 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$276.1K
$241.6K – $322.2K
NOI $19,330 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$217.6K
$190.4K – $253.8K
NOI $15,230 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$430.7K
$376.9K – $502.5K
NOI $30,152 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Turnkey, licensed short-term rental duplex with two renovated 2BR/1BA units and private patios for each unit.
Where is this duplex located?
The property is located at 270 4TH NW STREET A&B Largo, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Renovated duplex built in 1961 with two 2BR/1BA units on a corner lot; Licensed short‑term rental sold fully furnished; Unit A and Unit B each feature an open floor plan with newly equipped kitchens and stainless steel appliances
