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
Price:
$210,000
MLS #:
TB8385438
Status:
Active
Beds:
3
Baths:
1
Address:
1144 7TH STREET NW
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PLACID LAKE SUB
Neighborhood:
33770 – Largo/Belleair Bluffs
City:
LARGO
Listed Date:
May 13, 2025
State:
FL
Finished Sq Ft:
1,194
Total Sq Ft:
1,194
ZIP:
33770
Lot Size:
4,116 sqft / 0.09 acres (approx)
Year Built:
1952
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Schools
Elementary School:
Mildred Helms Elementary-PN
Middle School:
Largo Middle-PN
High School:
Largo High-PN
Interior
Appliances
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Wall/ Window Unit(s)
Flooring
Ceramic Tile
Heating
Wall Units / Window Unit
Laundry Features
Electric Dryer Hookup, Outside, Washer Hookup
Exterior
Construction Materials
Vinyl Siding, Wood Frame
Exterior Features
Lighting, Storage
Other Structures
Shed(s)
Parking Features
Off Street
Roof
Built- Up
Financial
Tax Year
2024
Taxes
$1,904
Map
Community
- Address1144 7TH STREET NW LARGO FL
- SubdivisionPLACID LAKE SUB
- CityLARGO
- CountyPinellas
- Zip Code33770
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1144 7TH STREET NW
LARGO, FL
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