1144 7TH ST NW new Save Request In-Person Tour Request Virtual Tour
Largo,FL 33770
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 588 sqft
Price per Sqft $357
Subdivision Placid Lake Sub
MLS Listing ID TB8385438
Bedrooms 3
Full Baths 1
Year Built 1952
Annual Tax Amount $1,904
Lot Size 3,920 Sqft
Property Sub-Type Single Family Residence
New Construction false
Property Description
This exceptional investment opportunity includes two adjacent parcels, each featuring a separate income-producing home, offering strong rental potential and long-term development upside in a high-demand location. This property is being sold as is and must be purchased with the adjacent parcel, 1142 7th St NW, Largo, FL 33770, Parcel ID 27-29-15-71856-000-0902 for a combined price of $420000. Ideally situated near Downtown Largo, major hospitals, and only 5 miles from Clearwater Beach, this property is positioned for optimal rental income and future growth. The second home offers a 3-bedroom, 1-bathroom layout with a split floor plan that maximizes privacy and space. The open living room connects seamlessly to the rest of the home, and the large bathroom features a built-in shower and dual-line closets for ample storage. The rear bedroom includes private backyard access, leading directly to a fenced yard with a storage shed. A covered side sitting area adds to the home's functionality and charm, enhancing tenant appeal. Additionally, the roof was recently replaced in 2021. Both homes are located within the Clearwater-Largo Road (CRD) Community Redevelopment District, and align with the Future Land Use designations outlined in Table 6-2 of the Largo Municode Library, allowing for flexible redevelopment options, including mixed-use or multi-family development (subject to city approval). This property is being sold AS IS, making it an ideal turnkey addition to your investment portfolio with current cash flow and significant future potential.
Location
State FL
County Pinellas
Community Placid Lake Sub
Area 33770 - Largo/Belleair Bluffs
Interior
Heating Ductless
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Laundry Electric Dryer Hookup,Outside,Washer Hookup
Exterior
Exterior Feature Lighting,Storage
Parking Features Off Street
Fence Fenced
Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Public,Sewer Connected,Water Connected
Roof Type Built-Up
Building
Lot Description City Limits,In County,Irregular Lot,Near Public Transit,Paved
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Frame
New Construction false
Schools
Elementary Schools Mildred Helms Elementary-Pn
Middle Schools Largo Middle-Pn
High Schools Largo High-Pn
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None