4-Unit Multifamily
For Sale
$675,000
373 5TH Street NW, Largo, FL 33770
Residential Income, LARGO, FL
Property Size3,780 SF
Lot Size0.26 Acres
Price / SF$178.57
Days on Market53
Property Features for 373 5TH Street NW
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 3, Bathroom 7, Bedroom 6, Dining Room, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 5, Bathroom 8, Bathroom 2, Bathroom 6, Bedroom 1, Bedroom 8, Bathroom 1
Parking features
On Street, Open
Patio and Porch features
Porch
Pets allowed
Yes
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
Exterior features
Private Entrance, Private Yard, Sidewalk
Appliances
Electric Water Heater, Range, Refrigerator
Subdivision
LARGO HEIGHTS REV
Lot features
City Limits, Sidewalk, Paved
Elementary school
Mildred Helms Elementary-PN
Middle school
Largo Middle-PN
High school
Largo High-PN
Directions
From Clearwater Largo Road and East Bay Drive. head North on Clearwater largo road to 4th Ave NW turn right and property is located on the corner of 4th Ave NW and 5th STreet NW
Standard status
Active
APN
34-29-15-50130-003-0140
Size
3,780 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LARGO HEIGHTS REVISED BLK C, LOTS 14 AND 15
Tax Annual Amount
8747
Legal Description
LARGO HEIGHTS REVISED BLK C, LOTS 14 AND 15
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Number of units
4
Flooring type
Linoleum, Carpet
Building materials
Stucco, Frame
Roof type
Shingle
Buildings
2
Listing Agency:
RE/MAX ACTION FIRST OF FLORIDA · RE/MAX International
(727) 531-2006
Listed By:
Michelle Cline, PA · License #3124840
(727) 424-1108
Added: Sep 15
Changed: Nov 5
Last Checked: Nov 6 at 2:06PM
MLS# TB8549329
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,780-square-foot multifamily property contains four single-level units configured as two mirrored duplexes. Each residence has 2 bedrooms and 2 full bathrooms, along with a walk-in closet in the primary bedroom. The building dates to 1985 and received a roof replacement in 2026. A termite warranty is included. A parking pad and additional on-street parking serve the property.
The 0.26-acre site is in Downtown Largo, within walking distance of Largo Central Park. Shopping, dining, and major roadways are also described as accessible, with Gulf beaches a short drive away.
The 0.26-acre site is in Downtown Largo, within walking distance of Largo Central Park. Shopping, dining, and major roadways are also described as accessible, with Gulf beaches a short drive away.
Key Highlights
- Four units in two mirrored duplexes
- Each residence has 2 bedrooms and 2 full bathrooms
- 3,780 square feet on 0.26 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,765
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,300
$695.3K
Cap Rate 7%
$496,643
$496.6K
Cap Rate 9%
$386,278
$386.3K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$68.0K $18.00/SF
− Vacancy
−$4.8K −$1.28/SF
EGI
$63.2K $16.72/SF
− OpEx
−$28.4K −$7.52/SF
NOI
$34.8K $9.20/SF
Area
Pinellas County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,300
Cap Rate 7%
$496,643
Cap Rate 9%
$386,278
Alternative Uses
Best Use
Apartment 5plus
$496.6K
$434.6K – $579.4K
NOI $34,765 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$983.2K
$860.3K – $1.15M
NOI $68,825 @ 7.0% cap · market cap 10.20%
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
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,775
Businesses Nearby
Explore this area
Business Placement
Demographics for 33770, FL
25,475
Population
13,417
Households
1.9
Avg Household Size
50
Median Age
26%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$58,071
Median Household Income
$39,354
Median Earnings
$1,481
Median Rent
$245,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Multifamily properties in Largo, FL
Properties on Market for Multifamily properties in Largo
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four single-level residences are arranged as two mirrored duplexes, each with a two-bedroom, two-bath layout.
Where is this multifamily property located?
The property is located at 373 5TH Street NW Largo, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four units in two mirrored duplexes; Each residence has 2 bedrooms and 2 full bathrooms; 3,780 square feet on 0.26 acres
