Largo Triplex: Income
3735 141ST PLACE Largo, FL 33771
3735 141ST PLACE, Largo, FL, 33771
$650,000
For Sale
$650,000
Triplex - LARGO, FL
Property Size2,430 SF
Lot Size0.18 Acres
Price / SF$267.49
Days on Market168
Property Features for 3735 141ST PLACE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- R-4
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Oversized
- Interior features
- Ceiling Fans(s)
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 01-30-15-18126-010-0100
- Size
- 2,430 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8520.15
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1973
- Number of units
- 3
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
FLORIDA REALTY INVESTMENTS
(407) 207-2220
3451 Technological Ave #11, Orlando, FL
Listed by
Paul Cao · License #3508829
(813) 765-7304
Added: Jan 30 Checked: Jul 17 at 1:06 pm
MLS# TB8466846
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.
Investment Insights
Based on property information with market context.
This income-producing triplex is located in the heart of Largo, Florida. The property consists of three units, each featuring 2 bedrooms and 1 bathroom within an 810 square foot layout. Each unit is equipped with central air conditioning and heating. The total building size is 2430 square feet, situated on a 0.18-acre lot. The property is zoned R-4. This is a business opportunity.
Key Highlights
- Income‑producing Tri‑Plex: Offers immediate rental income.
- Fully Occupied: All three units are currently rented.
- Updated Units: Indicates recent improvements.
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 | $43.4k | $17.88 |
| − Vacancy | −$2.9k | −$1.21 |
| EGI | $40.5k | $16.67 |
| − OpEx | −$12.2k | −$5.00 |
| NOI | $28.4k | $11.67 |
2,430 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$405.2K
$354.6K – $472.7K
NOI $28,364 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.5K
NOI $22,349 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$632.1K
$553.1K – $737.4K
NOI $44,244 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Income-producing triplex in Largo, fully occupied and updated.
Where is this triplex located?
The property is located at 3735 141ST PLACE Largo, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Income‑producing Tri‑Plex: Offers immediate rental income.; Fully Occupied: All three units are currently rented.; Updated Units: Indicates recent improvements.
