1144 7TH STREET NW at

1144 7TH STREET NW

For sale Days on market 226

$199,000

$338/sq ft

$11,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1952

Sqft

588

Property Type

Single Family Residence

Property Description

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.

Property Details

MLS#

TB8385438

Total Floor in Bldg

Address

1144 7TH

City

Largo

State/county

Zip/Postal Code

33770

Area

Placid Lake Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,904

Maint Fee

$--

Tax Year

2024

Dryer

Electric Water Heater

Range

Range Hood

Refrigerator

Washer

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