Active

10598 106th Avenue

LARGO, FL 33773

$598,000 $2,521/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

1,860

Sqft

0.27

Acre(Lot)

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 tu rnover 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.

Property Details

Property Type : Residential Income

Price : $598,000

AD Id : 76057937

MLS Id : MFRA4685720

Beds : 4

Lot Size : 0.27 Acre

Living Area Size : 1,860

Year Built : 1957

Garage : 2

County : Pinellas

Subdivision: Seminole Park Manor

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 4

Bathroom Information

Total Baths: 4

Interior Features

Kitchen/Family Room Combo, Thermostat Roof: Membrane Appliances: Cooktop, Dryer, Freezer, Microwave, Range, Washer Laundry Features: Electric Dryer Hookup, In Garage, Inside, Laundry Room, Washer Hookup

Roofing Information

Membrane
Flooring Information

Flooring: Tile Construction Materials: Block, Stucco
Heating & Cooling

Heating: Central, Electric, Ductless Cooling: Central Air, Wall/Window Unit(s) WaterSource: Public

Building Information

Year Built: 1957
Exterior Features

Fence Construction Materials: Block, Stucco Foundation Details: Slab Road Responsibility: Public Maintained Road

Lot Information

Lot Dimensions: 85x135 Lot Description: Paved Lot Square Feet: 11622 Lot Acres: 0.27 Lot Size (SqMt): 1080

Property Information

Property Type: Residential Income Sub Type: Quadruplex

Listing Price Information

Original List Price:$615000

Tax Information

Tax Block: 000 Tax Book Number: 33-58 Tax Lot: 5 Tax Legal Description: SEMINOLE PARK MANOR LOT 5 & W 10FT OF LOT 6 Annual Tax: $7790.91 Tax Year: 2025 Parcel Number: 15-30-15-80046-000-0050

Virtual Tour

Virtual Tour (External Link)

Parking Information

Driveway, Open

Garage Information

Has Garage: Yes Garage Space: 2

Utility Information

BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected Sewer: Public Sewer Water Source: Public
Location Information

Subdivision: SEMINOLE PARK MANOR City: LARGO Direction: From Ulmerton Rd (SR-688) head north on Seminole Blvd. Turn right onto 106th Ave N and continue east for approximately 0.4 miles. The property will be on the right at 10598 106th Ave N.

Sell a home like this and save $35,381 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Similar Multifamily To 10598 106th Avenue

Nearby For Sale

Active

$880,000

Multifamily For Sale

368 Ridge Road,
Largo, FL, 33770

Bed

Bath

Sqft

Acre(Lot)

10598 106th Avenue,
Largo, FL, 33773

Bed

Bath

Sqft

Acre(Lot)

122 Wertz Drive,
Largo, FL, 33771

Bed

Bath

2,880

Sqft

0.23

Acre(Lot)

Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 06/09/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 06/09/2026 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Click here for DMCA Notice

DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 06/09/2026 @ 18:20

MLS: MFRMLS #A4685720 LISTED BY: Carmello Pronesti, NINE LINE REALTY LLC 407-924-6353 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)