Duplex with Private
2824 Meadow View Avenue Largo, FL 33771
For Sale
$548,900
Well-maintained single-story duplex on an oversized lot with mature trees and a private yard.
Property Size1,536 SF
Price / SF$357.36
Days on Market245
Property Features for 2824 Meadow View Avenue
General Information
- Standard status
- Active
- Size
- 1,536 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1965
Listing Agency:
BIANCHI REALTY & PROPERTY MANAGEMENT INC.
(727) 595-7653
Listed By:
Brenda Bianchi · License #574181
Source:
Realtygroupfl
Added: Nov 23, 2025
Changed: Jul 22
Last Checked: Jul 25 at 6:48PM
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 BIANCHI REALTY & PROPERTY MANAGEMENT INC.
Investment Insights
Based on property information with market context.
Well-maintained, solid masonry, single-story duplex in the Lake Palms subdivision of Largo. The property sits on an oversized lot with mature trees, offering each unit a private yard setting and a comfortable, light-filled layout. An additional 600 SF storage room is located in the middle of the structure and is currently used by Unit A as storage; it may be convertible to additional living space for either unit.
The duplex has been updated from 2020 to 2023, including new plumbing and a sewer line, new bathrooms, a new water heater, new AC condensers, a new roof, and new flooring and interior updates. The units include central heating and air, and the property has been maintained with durable finishes and practical living space. Flood Zone X.
Tenants pay utilities (TE). The home is located on a quiet street and is conveniently near E Bay Drive for access to shopping, dining, medical facilities, and major commuter routes.
The duplex has been updated from 2020 to 2023, including new plumbing and a sewer line, new bathrooms, a new water heater, new AC condensers, a new roof, and new flooring and interior updates. The units include central heating and air, and the property has been maintained with durable finishes and practical living space. Flood Zone X.
Tenants pay utilities (TE). The home is located on a quiet street and is conveniently near E Bay Drive for access to shopping, dining, medical facilities, and major commuter routes.
Key Highlights
- Well‑maintained single‑story duplex built in 1965 with 2 units in the Lake Palms subdivision of Largo
- Oversized lot with mature trees and a private yard setting
- Updates (2020–2023): new plumbing and sewer line, new bathrooms, 1 new water heater, new AC condensers, and new roof
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 | $27.5k | $17.88 |
| − Vacancy | −$1.9k | −$1.21 |
| EGI | $25.6k | $16.67 |
| − OpEx | −$7.7k | −$5.00 |
| NOI | $17.9k | $11.67 |
1,536 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$256.1K
$224.1K – $298.8K
NOI $17,929 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$201.8K
$176.6K – $235.5K
NOI $14,127 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$399.5K
$349.6K – $466.1K
NOI $27,967 @ 7.0% cap · market cap 5.10%
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 - Well-maintained single-story duplex on an oversized lot with mature trees and a private yard.
Where is this duplex located?
The property is located at 2824 Meadow View Avenue Largo, FL.
What is the asking price?
The asking price for this property is $548,900.
What are key features of this property?
This property features: Well‑maintained single‑story duplex built in 1965 with 2 units in the Lake Palms subdivision of Largo; Oversized lot with mature trees and a private yard setting; Updates (2020–2023): new plumbing and sewer line, new bathrooms, 1 new water heater, new AC condensers, and new roof
