Residential Property - Single Family Residence in Largo
Listing Price: $199,000 (Mortgage Calculator →)
Description of Property
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.
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 600
Garage: No
Carport: No
Parking Features: Off Street
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Largo
County: Pinellas
Subdivision: Placid Lake Sub
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 600
Sq. Ft. Living Area: 600
Cost per (heated) sqare foot: $332
Year built: 1953
Annual Tax: $1,763
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Laminate
Schools
Elementary School: Mildred Helms Elementary-PN
Middle/Junior High School: Largo Middle-PN
High School: Largo High-PN
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Frame
Foundation: Pillar/Post/Pier
Roof: Shingle
Exterior Features: Lighting
Parking Features: Off Street
Floors Total: 1
Floors in Unit: One
Cooling: Wall/Window Unit(s)
Heating & Fuel: Wall Units / Window Unit
Patio & Porch Features: Patio
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Near Public Transit
Lot Size (acres): 0.07
Lot Size (sq. ft.): 3,019 square feet
Lot Dimensions: 35 x 100
Road Frontage: Street Paved
Front Exposure: West
Additional Parcels: Yes
Additional Parcels Description: 27-29-15-71856-000-0901
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 272915718560000902
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: 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
Section: 27
Range: 15
Listing courtesy of KELLER WILLIAMS REALTY PORTFOLIO COLLECTION. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.