Quick Search

10598 106th Avenue, LARGO, FL 33773
Active
Image Gallery
Property Photos
10598 106th Avenue
  1. Image 1 of 11 For 10598 106th Avenue
  2. Image 2 of 11 For 10598 106th Avenue
  3. Image 3 of 11 For 10598 106th Avenue
  4. Image 4 of 11 For 10598 106th Avenue
  5. Image 5 of 11 For 10598 106th Avenue
  6. Image 6 of 11 For 10598 106th Avenue
  7. Image 7 of 11 For 10598 106th Avenue
  8. Image 8 of 11 For 10598 106th Avenue
  9. Image 9 of 11 For 10598 106th Avenue
  10. Image 10 of 11 For 10598 106th Avenue
  11. Image 11 of 11 For 10598 106th Avenue
Contact Tropic Shores Realty
Contacting Tropic Shores Realty
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Request more information
  • MLS#: A4685720 ( Residential Income )
  • Street Address: 10598 106th Avenue
  • Viewed: 13
  • Price: $615,000
  • Price sqft: $225
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 2736
  • Bedrooms: 4
  • Total Baths: 4
  • Garage / Parking Spaces: 2
  • Days On Market: 3
  • Additional Information
  • Geolocation: 27.8688 / -82.7857
  • County: PINELLAS
  • City: LARGO
  • Zipcode: 33773
  • Subdivision: Seminole Park Manor
  • Provided by: NINE LINE REALTY LLC
  • Contact: Carmello Pronesti
  • 407-924-6353
  • mfrmls
  • DMCA Notice
  • Description
    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.
Request More Information
  • All fields are required.
Features
Appliances
  1. Cooktop
  2. Dryer
  3. Freezer
  4. Microwave
  5. Range
  6. Washer
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
Flooring
  1. Tile
Furnished
  1. Unfurnished
Garage Spaces
  1. 2.00
Heating
  1. Central
  2. Electric
  3. Ductless
Insurance Expense
  1. 0.00
Interior Features
  1. Kitchen/Family Room Combo
  2. Thermostat
Legal Description
  1. SEMINOLE PARK MANOR LOT 5 & W 10FT OF LOT 6
Levels
  1. One
Living Area
  1. 1860.00
Lot Features
  1. Paved
Area Major
  1. 33773 - Largo
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 15-30-15-80046-000-0050
Parking Features
  1. Driveway
  2. Open
Pets Allowed
  1. Yes
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Residential Income
Roof
  1. Membrane
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Township
  1. 30
Utilities
  1. BB/HS Internet Available
  2. Electricity Available
  3. Electricity Connected
  4. Public
  5. Sewer Available
  6. Sewer Connected
  7. Water Available
  8. Water Connected
Views
  1. 13
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/A4685720
Water Source
  1. Public
Year Built
  1. 1957
Zoning Code
  1. R-4
  1. Tropic Shores Realty
  2. http://homebloks.com - Blockchaiun technology for Real estate professionals.
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com