Katherine Etheridge
Property Description
A fully income-producing quadruplex in Largo with documented cash flow, long-term tenants in place, and one vacant unit freshly prepared for immediate occupancy. Two concrete block duplexes sit on a corner lot - eight bedrooms and four bathrooms across four two-bedroom, one-bath units, each with its own laundry and private fenced backyard.The numbers are straightforward: $79,920 in annual gross income, $69,381 net, with tenants covering electric and water on separate meters. Three units are leased annually; the fourth has been freshly painted, fitted with a new refrigerator, and is ready to go. Updated bathrooms across all four units reflect consistent upkeep rather than deferred maintenance. Two units have private driveways; the other two share a four-car lot with on-street guest parking available.Block and stucco construction, Flood Zone X with no flood insurance required, and no HOA keep carrying costs predictable. Morton Plant Hospital, Belleair Beach, and St. Pete-Clearwater Airport are all within a short drive - a location that supports reliable long-term tenant demand in the Pinellas County rental market.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.23 Acres
Roof Type: Shingle
Taxes: $11,297
Year Built: 1967
Square Feet: 2,880
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Fence
Feature Descriptions
Annual Net Income: 69381.00
Appliances: Electric Water Heater, Range, Refrigerator
Directions: East Bay to Wertz
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Laminate
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: Corner Lot, City Limits, In County, Near Public Transit
Lot Dimensions: 0.23
Other Structures: Shed(s)
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS GULF BEACHES
Agency Contact: murraycoleman@kw.com
Shown By
Agent Name: Katherine Etheridge
Agent Phone: (904) 704-7216
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 5,139.27 per month $3,964.81 Principal & Interest $941.42 Property Tax $233.04 Homeowner's InsuranceChange Payment Information
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122 Wertz Drive | MLS# TB8510339
This multi-family property located at 122 Wertz Drive , Largo, FL 33771 is currently listed for sale with an asking price of $799,000. Search Largo real estate on ketheridge.watsonrealtycorp.com today.