Concrete Block
3649 136TH Avenue, Largo, FL 33771
For Sale
$419,000
Residential Income, LARGO, FL
Property Size1,960 SF
Lot Size0.13 Acres
Price / SF$213.78
Days on Market55
Property Features for 3649 136TH Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Exterior features
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
washer/dryer hookups
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
APONE REALTY
Listed By:
Phyllis Apone · License FL #626271
(727) 455-1706
Added: Sep 17
Changed: Nov 6
Last Checked: Nov 10 at 2:06AM
MLS# TB8548941
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.
This concrete block duplex contains two 980-square-foot residences, each arranged with three bedrooms and one bathroom. The property was built in 1972 and has ceramic tile flooring, central air, electric heat, shingle roofing, and public water and sewer. Unit A includes interior washer and dryer hookups and a 2024 air-conditioning installation. Unit B is vacant and has a new hot water heater, a 2025 air-conditioning installation, and washer and dryer hookups in the shed. Its kitchen has updated cabinets and countertops along with a new refrigerator.
The property occupies 0.13 acres in Largo, near US Highway 19 N and Ulmerton Road. Each residence has its own water, sewer, garbage, and electric responsibility. R-4 zoning applies to the property.
The property occupies 0.13 acres in Largo, near US Highway 19 N and Ulmerton Road. Each residence has its own water, sewer, garbage, and electric responsibility. R-4 zoning applies to the property.
Key Highlights
- Two 980‑square‑foot residences, each with 3 bedrooms and 1 bathroom
- Concrete block construction on a 0.13‑acre lot
- Built in 1972 with a new shingle roof installed in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,878
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,560
$457.6K
Cap Rate 7%
$326,829
$326.8K
Cap Rate 9%
$254,200
$254.2K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$35.0K $17.88/SF
− Vacancy
−$2.4K −$1.21/SF
EGI
$32.7K $16.67/SF
− OpEx
−$9.8K −$5.00/SF
NOI
$22.9K $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%
$457,560
Cap Rate 7%
$326,829
Cap Rate 9%
$254,200
Alternative Uses
Best Use
Multifamily LT 5
$326.8K
$286.0K – $381.3K
NOI $22,878 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$303.9K
$265.9K – $354.5K
NOI $21,271 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$509.8K
$446.1K – $594.8K
NOI $35,687 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
Explore this area
Business Placement
Demographics for 33771, FL
29,766
Population
16,898
Households
1.8
Avg Household Size
54
Median Age
25%
College-Educated
90%
High-School Grad
6.0 sq mi
ZIP Area
4,961
Density / Sq Mi
$60,139
Median Household Income
$40,417
Median Earnings
$1,379
Median Rent
$145,600
Median Home Value
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Market
Average Price Trend$/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 - Two separately configured residences with updated systems, ceramic tile flooring, and public water and sewer service.
Where is this duplex located?
The property is located at 3649 136TH Avenue Largo, FL.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Two 980‑square‑foot residences, each with 3 bedrooms and 1 bathroom; Concrete block construction on a 0.13‑acre lot; Built in 1972 with a new shingle roof installed in 2018
