Duplex With Inside Laundry
397 SW 2ND Street Largo, FL 33770
397 SW 2ND Street, Largo, FL, 33770
$399,000
For Sale
$399,000
MULTI_FAMILY - LARGO, FL
Property Size1,462 SF
Lot Size0.11 Acres
Price / SF$272.91
Days on Market9
Property Features for 397 SW 2ND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Family Room, Bathroom 2
- Interior features
- Kitchen/Family Room Combo
- Exterior features
- Sidewalk
- Appliances
- Electric Water Heater, Range, Refrigerator
- Standard status
- Active
- APN
- 34-29-15-02855-000-0020
- Size
- 1,462 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Barringer Subdivision Lot 2
- Tax Annual Amount
- 5267
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Carpet
- Building materials
- Frame
- Roof type
- Shingle
Listing agency
COLDWELL BANKER REALTY
(727) 822-9111
Listed by
Brad Bess · License #3232141
(727) 324-3077
Added: Jul 13 Updated: Jul 20 at 9:11PM Checked: Jul 21 at 7:06PM
MLS# TB8527748
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 duplex includes two separate 2-bedroom, 1-bath units, with inside laundry in each unit and a functional, practical layout. The property sits on a sizable lot, offering a straightforward setup for tenants seeking individual unit living within a duplex configuration.
Located in Largo, the property is just minutes from downtown Largo. It is directly across the street from a lakefront park, providing nearby open green space and walking paths, with additional access to local parks and community amenities.
The overall offering is a two-unit residential income property designed around the same unit mix throughout, making it easy to understand the configuration: two 2-bedroom, 1-bath homes with inside laundry.
Located in Largo, the property is just minutes from downtown Largo. It is directly across the street from a lakefront park, providing nearby open green space and walking paths, with additional access to local parks and community amenities.
The overall offering is a two-unit residential income property designed around the same unit mix throughout, making it easy to understand the configuration: two 2-bedroom, 1-bath homes with inside laundry.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units
- Each unit includes inside laundry
- Central heating and central air; electric water heater
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 | $26.1k | $17.88 |
| − Vacancy | −$1.8k | −$1.21 |
| EGI | $24.4k | $16.67 |
| − OpEx | −$7.3k | −$5.00 |
| NOI | $17.1k | $11.67 |
1,462 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$243.8K
$213.3K – $284.4K
NOI $17,065 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$192.1K
$168.1K – $224.1K
NOI $13,446 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$380.3K
$332.7K – $443.7K
NOI $26,619 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Solid duplex with two 2-bedroom, 1-bath units, each featuring inside laundry on a sizable lot in Largo.
Where is this duplex located?
The property is located at 397 SW 2ND Street Largo, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units; Each unit includes inside laundry; Central heating and central air; electric water heater
