Active ● House

1142 7th Street NW

Largo, FL 33770
$199,000
2 beds
2 baths
600 sqft
1953 built

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Listed by: Chase Walseth 727-755-3830

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION 727-755-3830

Source: Stellar MLS

MLS#: TB8385303

Overview

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.

Property Type: Single Family Residence

Price: $199,000

Price / Sq Ft: $332

Year Built: 1953

Full Bathrooms: 2

Bedrooms: 2

MLS #: TB8385303

Sq Ft: 600

Days On Market: 342

Status: Active

Exterior

Road Surface: Paved, Asphalt

Roof: Shingle

Foundation: Pillar/Post/Pier

Construction Materials: Stucco, Wood Frame

Interior

Flooring: Ceramic Tile, Laminate

Heating: Wall Units / Window Unit

Cooling: Wall/Window Unit(s)

Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer

Interior Features: Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Walk-In Closet(s)

Lot Information

Acres: 0.07

Square Feet: 3,019

Lot Features: City Lot, In County, Irregular Lot, Near Public Transit

HOA / Financial Information

Annual Taxes: 1,763

Tax Year: 2024

Area Information

Address: 1142 7TH STREET NW

City: LARGO

Zip: 33770

County: Pinellas

Subdivision: PLACID LAKE SUB

Area: 33770 - Largo/Belleair Bluffs

Directions: Take I-4 W and I-275 S to FL-688 W/Ulmerton Rd in Saint Petersburg. Take exit 31 from I-275 S Continue on FL-688 W/Ulmerton Rd. Take FL-686 W to 7th St NW in Largo

School Information

High School: Largo High-PN

Middle Or Junior School: Largo Middle-PN

Elementary School: Mildred Helms Elementary-PN

More Facts And Features

Parking Features: Off Street

Sewer: Public Sewer

Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected

Water: Public

Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup

Exterior Features: Lighting

Patio And Porch Features: Patio