New Listing - 05/13/2025
1144 7TH STREET NW, Largo, FL, 33770
4 rooms
3 beds
1 Full baths
1952
588 sqft
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.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Electric Dryer Hookup, Outside, Washer Hookup
Subdivision:
PLACID LAKE SUB
Garage:
Off Street
Heating:
Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Levels:
1
Lot Size:
36 x 121
Acreage:
0.09
Est. Taxes:
$1,904
Construction
Vinyl Siding, Wood Frame
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Lot Description:
City Lot, In County, Irregular Lot, Near Public Transit
Elementary School:
Mildred Helms Elementary-PN
Middle School:
Largo Middle-PN
High School:
Largo High-PN
Pet Policy:
Yes
Appliances:
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Min Lease Term:
1 Month
MLS #:
TB8385438
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of KELLER WILLIAMS GULFSIDE RLTY Phone: 727-489-0800