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Updated Duplex with Private Yard
For Sale
$340,000
Pending

726 STREMMA Road, Largo, FL 33770

Residential Income, LARGO, FL

Property Size1,008 SF
Lot Size0.17 Acres
Days on Market282
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Property Features for 726 STREMMA Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Pets allowed Yes
Interior features Ceiling Fans(s)
Exterior features Fence, Storage
Fencing Fenced
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Subdivision GLENWOOD PARK
Elementary school Mildred Helms Elementary-PN
Middle school Largo Middle-PN
High school Largo High-PN
Directions I-275 South (or get on I-275 S if you're near downtown), Take I-275 South across the Howard Frankland Bridge over Tampa Bay (about 10-12 miles), Continue on I-275 S, then take Exit 30 toward FL-686/Roosevelt Blvd/Largo/St. Pete-Clearwater Airport, Merge onto FL-686 West (Roosevelt Blvd), heading west for about 2 miles, Turn right (north) onto Clearwater Largo Rd N (also known as Clearwater-Largo Road), Continue north on Clearwater Largo Rd N for about 1-2 miles, Turn left (west) onto Stremma Rd.
Standard status Pending
APN 34-29-15-00000-220-1100
Size 1,008 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description W 50FT OF E 90FT OF W 750.4FT OF S 150FT OF N 315FT OF NW 1/4 OF NW 1/4 OF SEC 34-29-15
Tax Annual Amount 5575
Legal Description W 50FT OF E 90FT OF W 750.4FT OF S 150FT OF N 315FT OF NW 1/4 OF NW 1/4 OF SEC 34-29-15

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Ductless (Heating)
Water source Public

Amenities

shared private backyard
mini-split AC/heat

Building Details

Year built 1962
Number of units 2
Building materials Block
Roof type Shingle
Additional Structures Storage
Listing Agency: LPT REALTY, LLC
Listed By: Randall Kain · License #3336688
Added: Jan 6 Changed: Oct 6 Last Checked: Oct 15 at 6:06PM
MLS# G5106202

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 contains 1,008 square feet on a 0.17-acre lot and was built in 1962. Recent improvements include full re-plumbing, updated electrical systems, and ductless mini-split heating and air-conditioning units installed less than a year ago. The shingle roof dates to 2022. Block construction, ceiling fans, storage, and a vinyl-fenced backyard add practical features for residential use. Each unit includes a bathroom and bedroom, while the property also has a range, refrigerator, microwave, washer, and dryer.

The property is in Largo, Florida, with Clearwater Beach and Indian Rocks Beach identified as nearby coastal destinations. Public water and public sewer serve the property, and cable is available. The enclosed shared yard provides outdoor space for household use or entertaining.

Key Highlights

  • Duplex with 1,008 square feet on a 0.17‑acre lot
  • Full re‑plumbing and updated electrical systems
  • Roof installed in 2022

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,766
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,320 $235.3K
Cap Rate 7%
$168,086 $168.1K
Cap Rate 9%
$130,733 $130.7K
Market Conditions
NOI Build-Up for 1,008 SF
Gross rent
$18.0K $17.88/SF
− Vacancy
−$1.2K −$1.21/SF
EGI
$16.8K $16.67/SF
− OpEx
−$5.0K −$5.00/SF
NOI
$11.8K $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%
$235,320
Cap Rate 7%
$168,086
Cap Rate 9%
$130,733

Alternative Uses

Best Use
Multifamily LT 5
$168.1K
$147.1K – $196.1K (±1% cap)
NOI $11,766 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$132.4K
$115.9K – $154.5K (±1% cap)
NOI $9,271 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$262.2K
$229.4K – $305.9K (±1% cap)
NOI $18,353 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Bakery Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,802
Businesses Nearby

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

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units share an enclosed backyard with public water and sewer service.
Where is this duplex located?
The property is located at 726 STREMMA Road Largo, FL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Duplex with 1,008 square feet on a 0.17‑acre lot; Full re‑plumbing and updated electrical systems; Roof installed in 2022
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