4-Unit Quadplex with New
For Sale
Under Contract
$700,000
373 5TH Street NW, Largo, FL 33770
Residential Income, LARGO, FL
Property Size3,780 SF
Lot Size0.26 Acres
Price / SF$185.19
Days on Market31
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
Dining Room, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 2, Bathroom 6, Bedroom 6, Bathroom 7, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 8, Bedroom 4
Parking features
Open, On Street
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 Under Contract
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
Listing Agency:
RE/MAX ACTION FIRST OF FLORIDA · RE/MAX International
(727) 531-2006
Listed By:
Michelle Cline, PA
(727) 424-1108
Added: Sep 15
Changed: Oct 14
Last Checked: Oct 15 at 8:06PM
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.
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Investment Insights
Based on property information with market context.
This quadplex property consists of two mirrored duplex buildings with four residences in total. Each home is arranged on one level and includes two bedrooms, two full bathrooms, and a walk-in closet in the primary bedroom. Combined building area is 3,780 square feet on a 0.26-acre parcel. A roof replacement was completed in 2026, and a termite warranty is included. The property also has a parking pad and access to street parking.
The property is in Downtown Largo, within walking distance of Largo Central Park. Shopping, dining, and major roadways are accessible nearby, while the Gulf beaches are a short drive away.
The property is in Downtown Largo, within walking distance of Largo Central Park. Shopping, dining, and major roadways are accessible nearby, while the Gulf beaches are a short drive away.
Key Highlights
- Four residences across two mirrored duplex buildings
- Each home has 2 bedrooms, 2 full bathrooms, and a primary‑bedroom walk‑in closet
- 3,780 square feet of building area on 0.26 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,122
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,440
$882.4K
Cap Rate 7%
$630,314
$630.3K
Cap Rate 9%
$490,244
$490.2K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$67.6K $17.88/SF
− Vacancy
−$4.6K −$1.21/SF
EGI
$63.0K $16.67/SF
− OpEx
−$18.9K −$5.00/SF
NOI
$44.1K $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%
$882,440
Cap Rate 7%
$630,314
Cap Rate 9%
$490,244
Alternative Uses
Best Use
Multifamily LT 5
$630.3K
$551.5K – $735.4K
NOI $44,122 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$496.6K
$434.6K – $579.4K
NOI $34,765 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$983.2K
$860.3K – $1.15M
NOI $68,825 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Every residence is single-level, with two bedrooms and two full bathrooms.
Where is this quadplex located?
The property is located at 373 5TH Street NW Largo, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Four residences across two mirrored duplex buildings; Each home has 2 bedrooms, 2 full bathrooms, and a primary‑bedroom walk‑in closet; 3,780 square feet of building area on 0.26 acres
