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    Renovated Duplex in Oldsmar, FL Title is generated by Realmo AI

    3664 MERIDEN AVENUE, Oldsmar, FL 34677

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    Pending
    $399,900

    Duplex - OLDSMAR, FL

    Type:Duplex
    Property size:
    1,940 SF
    Lot size:
    0.22 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 9 at 6:06 pm

    Property Features for 3664 MERIDEN AVENUE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R-4
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Interior features
    Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Thermostat, Walk-in Closet(s), Window Treatments
    Exterior features
    Private Mailbox, Private Yard, Sidewalk
    Standard status
    Pending
    APN
    22-28-16-96660-019-0240
    Size
    1,940 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4601.77

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1983
    Number of units
    1
    Building materials
    Block, Frame
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Robert Bello, JR

    Listing agent Robert Bello, JR License #3382285

    Listing office DALTON WADE INC 260 1st Ave S. Suite 200, St. Petersburg, FL

    Listing date Apr 24, 2026

    MLS# W7885202 Listing URL

    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.

    HighLights

    • Fully renovated duplex in turnkey condition
    • Strong income‑producing potential with projected rents of $1,795 per unit
    • Located in a high‑demand rental corridor near employment hubs, retail, and commuter routes
    • New roof, windows, sliders, flooring, kitchens, and bathrooms
    • Modern, low‑maintenance finishes designed to attract and retain quality tenants
    • Ideal for investors seeking a stabilized asset with minimal deferred maintenance and strong tenant appeal

    Overview

    This income-producing duplex is located in Oldsmar, Florida. The property features two 2-bedroom, 2-bath units, each renovated with modern, low-maintenance finishes. The units have been remodeled with a new roof, new windows and sliders, new subfloors, new luxury vinyl flooring, and new tall baseboards. The contemporary kitchens include brand new cabinets, quartz countertops, tile backsplash, and new stainless steel microwave. The renovated baths feature new flooring, fixtures, new vanities, new stone countertops, new lighting, new bath fans, new tile work in the shower, and new tub and tile work. The bedrooms have new lighting and ceiling fans, and new closet doors, paired with fresh interior finishes of new texture and paint throughout. Situated on a lot of 0.22 acres, the property is located in a high-demand rental corridor and supports projected rents of $1,795 per unit. The property is positioned near major employment hubs, retail, and commuter routes. The property size is 1,940 square feet. The zoning is R-4.

    Local 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 $34.7k $17.88
    − Vacancy −$2.3k −$1.21
    EGI $32.3k $16.67
    − OpEx −$9.7k −$5.00
    NOI $22.6k $11.67
    1,940 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $323.5K
    $283.1K – $377.4K (±1% cap)
    NOI $22,644 @ 7.0% cap · market cap 5.66%
    Second Best
    Apartment 5plus
    $254.9K
    $223.0K – $297.4K (±1% cap)
    NOI $17,842 @ 7.0% cap · market cap 4.46%
    Theoretical Best
    Office A
    $504.6K
    $441.5K – $588.7K (±1% cap)
    NOI $35,323 @ 7.0% cap · market cap 8.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oldsmar
    County
    Pinellas
    State
    Florida
    Longitude
    -82.685882
    Latitude
    28.036912

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex with modern upgrades in a high-demand rental area.
    Where is this duplex located?
    The property is located at 3664 MERIDEN AVENUE Oldsmar, FL.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: Fully renovated duplex in turnkey condition; Strong income‑producing potential with projected rents of $1,795 per unit; Located in a high‑demand rental corridor near employment hubs, retail, and commuter routes
    More about this property
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