New Listing - 05/10/2025
1142 7TH STREET NW, Largo, FL, 33770
0 beds
1953
600 sqft
This is a rare investment opportunity featuring two adjacent parcels, each with its own rental home, offering both immediate income potential and long-term upside. Situated in a prime location near Downtown Largo, major hospitals, and just 5 miles from Clearwater Beach, these properties are ideally positioned to attract a strong tenant base year-round. Each home features a functional and appealing layout—this home offers an open-concept living space with a front bedroom that includes an en suite bath and walk-in closet, while a second bedroom past the kitchen boasts its own large en suite bathroom with a washer and dryer. Tenants will appreciate the private rear sitting area and spacious shared backyard, enhancing both livability and rental value. Additionally, the roof was recently replaced in 2022. These parcels are located within the Clearwater-Largo Road (CRD) Community Redevelopment District and fall under the Future Land Use designations outlined in Table 6-2 of the Largo Municode Library, making them ideal candidates for future mixed-use or multi-family development, subject to city approvals. Whether you're looking to expand your rental portfolio or explore redevelopment possibilities, this property offers a unique combination of flexibility, location, and income-producing potential. Being sold AS IS, this turnkey opportunity is ready for your vision—capitalize on the current rental cash flow while planning for future growth in one of the region’s most strategically evolving corridors.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Inside, Washer Hookup
Units:
2
Subdivision:
PLACID LAKE SUB
Heating:
Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Lot Size:
35 x 100
Acreage:
0.07
Est. Taxes:
$1,763
Construction
Stucco, Wood Frame
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Lot Description:
City Lot, In County, Near Public Transit
Elementary School:
Mildred Helms Elementary-PN
Middle School:
Largo Middle-PN
High School:
Largo High-PN
Appliances:
Dryer, Electric Water Heater, Range, Refrigerator, Washer
Min Lease Term:
1 Month
MLS #:
TB8384662
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of KELLER WILLIAMS GULFSIDE RLTY Phone: 727-489-0800