10598 106th Avenue, Largo, FL 33773
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by: carmello pronesti
Office: nine line realty llc.
MLS#:A4685720
Source:MFRMLS
Price summary
- Price:$598,000
- Price per sq. ft.:$218.57
About this home
Investor opportunity in Largo featuring a 4-unit income-producing property with immediate cash flow and strong upside potential. The property consists of two separate block buildings, each containing two 1-bedroom, 1-bathroom units, situated on a 11,622 sq ft lot. One building totals approximately 1,256 sq ft, while the second building totals approximately 1,480 sq ft including two attached garages, bringing the total building size to approximately 2,736 sq ft.
Currently three units are occupied and one unit is vacant, allowing a buyer the opportunity to immediately place a tenant at market rent or occupy the unit if desired. Current rents are $1,500/month, $1,300/month, and $1,100/month, with the vacant unit projected to rent for approximately $1,145/month. With minor optimization and turnover improvements, similar units in the area suggest potential rents of approximately $1,400–$1,450 per month, presenting strong upside for investors looking to increase cash flow over time.
The property offers multiple value-add opportunities. Two single-car garages (180 sq ft each) currently provide additional flexibility. One unit currently utilizes a garage without additional rent, while the second garage is available and could generate additional income estimated at $100+/month per garage. Each garage also includes laundry also, creating the possibility for coin-operated laundry income for tenants.
Additional features include separate electric meters for tenants on the building that has the two garages , shared electric on the othere, separate water heaters for each unit, off-street parking, and long-term tenants currently on annual leases. Two tenants are currently supported through the local housing authority program, offering additional payment stability. Water is currently paid by the landlord but may offer an opportunity for investors to implement a RUBS (Ratio Utility Billing System) to further improve operating income.
The property has also seen recent improvements, including a new roof installed in December 2024 on one building, while the other roof was installed in October 2017. Most units have recently been cleaned and refreshed to maximize rental potential, and one unit includes a private fenced yard area, adding additional tenant appeal.
Constructed in 1955 and 1957, the property is believed to be block construction (to be verified by the buyer) and is located in Flood Zone X.
For investors seeking a stable multi-family asset with immediate income and clear pathways to increase revenue, this property offers an excellent addition to a rental portfolio. Professional management is currently in place and can continue managing the property if desired, allowing for a seamless transition for the new owner....
Contact an agent
Home facts
- Year built:1957
- Listing ID #:A4685720
- Added:61 day(s) ago
- Updated:May 11, 2026 at 01:46 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Flooring:Tile
- Kitchen Description:Cooktop, Freezer, Kitchen/Family Room Combo, Microwave, Range
- Living area:1,860 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Ductless, Electric
- Central air:Yes
Structure and exterior
- Roof:Membrane
- Year built:1957
- Building area:1,860 sq. ft.
- Lot area:0.27 Acres
- Lot Features:Paved
- Construction Materials:Block, Stucco
- Exterior Features:Covered Porch/Patio, Fence, Front Porch
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public, Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$598,000
- Price per sq. ft.:$218.57
- Tax amount:$7,791 (2025)
Features and amenities
- Appliances:Cooktop, Dryer, Freezer, Microwave, Range, Washer
- Laundry features:Dryer, Electric Dryer Hookup, In Garage, Inside, Laundry Room, Washer, Washer Hookup
- Amenities:BB/HS Internet Available, Electricity Available, Kitchen/Family Room Combo, Thermostat
- Pool features:Public Pool
Parking
- Parking description:Attached Garage, Driveway, Open
- Garage:Yes
- Garage spaces:2
New listings near 10598 106th Avenue
- New
$329,000Active2 beds 1 baths1,015 sq. ft.12314 106th Street, LARGO, FL 33773
MLS# TB8507164Listed by: RE/MAX ACTION FIRST OF FLORIDA - New
$129,500Active1 beds 1 baths620 sq. ft.5265 E Bay Drive #1013, CLEARWATER, FL 33764
MLS# TB8507141Listed by: COLDWELL BANKER REALTY - New
$650,000Active4 beds 2 baths1,970 sq. ft.3650 Shady Bluffs Drive, LARGO, FL 33770
MLS# TB8506176Listed by: KELLER WILLIAMS REALTY- PALM H - New
$519,900Active3 beds 2 baths1,994 sq. ft.1380 Kennywood Drive, LARGO, FL 33770
MLS# TB8506699Listed by: EXP REALTY LLC - New
$498,000Active3 beds 3 baths1,921 sq. ft.3553 Center Circle, LARGO, FL 33774
MLS# A4692993Listed by: SAVVY AVENUE, LLC - Open Sat, 11am to 3pmNew
$563,200Active3 beds 2 baths1,642 sq. ft.12819 129th Terrace, LARGO, FL 33774
MLS# TB8506971Listed by: EXP REALTY LLC - New
$159,900Active2 beds 2 baths1,124 sq. ft.1401 Cara Drive #1401, LARGO, FL 33771
MLS# TB8505811Listed by: MAR-KEY PROPERTY SERVICES LLC - New
$194,999Active2 beds 2 baths945 sq. ft.11511 113th Street #11C, LARGO, FL 33778
MLS# TB8506735Listed by: POWER REAL ESTATE GROUP LLC - New
$690,000Active2 beds 3 baths2,236 sq. ft.13300 Indian Rocks Road #201, LARGO, FL 33774
MLS# TB8506298Listed by: COASTAL PROPERTIES GROUP INTERNATIONAL - New
$449,900Active3 beds 2 baths1,332 sq. ft.7981 Smoketree Court, LARGO, FL 33773
MLS# TB8506946Listed by: ALIGN RIGHT REALTY CARROLLWOOD