Active

$210,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 600 sq ft
Overview
  • ID: MFRTB8385303
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 600 sq ft
Property Details
Remarks
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. This property is being sold as is and must be purchased with the adjacent parcel, 1144 7th St NW, Largo, FL 33770, Parcel ID 27-29-15-71856-000-0901 for a combined price of $420000. 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.
Financial Considerations
Price:
$210,000
HOA Fee:
N/A
Tax Amount:
$1762.62
Price per SqFt:
$350
Tax Legal Description:
PLACID LAKE SUB PART OF TRACT 9 DESC BEG MOST N'LY COR TRACT 9 TH S'LY ALG E LINE BLK B, LAKE PLACID LOT 9 20FT TO POB TH CONT S'LY 20FT TH S48D32'33"W 90.73FT TH NW'LY ALG E'LY R/W LINE OF LAKE VIEW RD 44.65FT TH NE'LY TO A POINT 20FT S'LY OF MOST N'LY COR TRACT 9 110FT(S) TO POB
Exterior Features
Lot Size:
3019
Lot Features:
City Limits, In County, Irregular Lot, Near Public Transit, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Off Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
Dryer, Electric Water Heater, Range, Refrigerator, Washer
Furnished:
No
Floor:
Ceramic Tile, Laminate
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1953
Construction Type:
Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
Please verify all restrictions with the city
Map
  • Address
    1142 7TH ST NW
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