Residential Property - Single Family Residence in Largo
Listing Price: $199,000 (Mortgage Calculator →)
Description of Property
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.
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,194
Garage: No
Carport: Yes1 vehicles
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: 3
Bathrooms: 1
Sq. Ft. Gross: 1,194
Sq. Ft. Living Area: 588
Cost per (heated) sqare foot: $338
Year built: 1952
Annual Tax: $1,904
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Ceramic Tile
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: Slab
Roof: Built-Up
Exterior Features: Storage
Carport: Yes
Carport Spaces: 1
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: Side Porch
Other Structures: Shed(s)
Fencing: Fenced
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Near Public Transit
Lot Size (acres): 0.09
Lot Size (sq. ft.): 4,116 square feet
Lot Dimensions: 36 x 121
Road Frontage: Street Paved
Front Exposure: West
Additional Parcels: Yes
Additional Parcels Description: 27-29-15-71856-000-0902
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 272915718560000901
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: PLACID LAKE SUB PART OF TRACT 9 BEG MOST N'LY COR SD TR 9 FOR POB TH SW'LY ALG NW'LY BNDRY 131.2FT TO MOST W'LY COR TH SE'LY ALG SW'LY BNDRY 44.65FT TH NE'LY 110FT(S) TO A POINT 20FT S'LY OF MOST N'LY COR OF SD TR 9 TH N'LY 20FT 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.