Homes for sale - 1144 and 1142 7TH ST NW, Largo, FL 33770

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Ryan Ditmar

ryan@lineagere.com +1(407) 497-4717

Listed by KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

$ 420,000

Est. payment | -/mo

5 Beds

3 Baths

1,188 SqFt

Save

$ 420,000

Est. payment | -/mo

Save

5 Beds

3 Baths

1,188 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,188 sqft

Price per Sqft $353

Subdivision Placid Lake Sub

MLS Listing ID TB8400301

Bedrooms 5

HOA Y/N No

Year Built 1952

Annual Tax Amount $1,904

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 36x121

Property Sub-Type Duplex

Source Stellar MLS

Property Description

This rare investment opportunity features two adjacent parcels, each with its own rental home, offering immediate income potential along with long-term development upside. Located in a prime area near Downtown Largo, major hospitals, and just five miles from Clearwater Beach, the properties are ideally situated to attract a strong, year-round tenant base. Each home has a functional and appealing layout. The first home offers an open-concept living space with a front bedroom that includes an en suite bath and walk-in closet. A second bedroom, located past the kitchen, boasts its own spacious en suite bathroom along with a washer and dryer. Tenants will also enjoy a private rear sitting area and access to a large shared backyard, enhancing both comfort and rental value.

The second home features a 3-bedroom, 1-bathroom layout with a split floor plan that maximizes privacy. The open living room flows seamlessly into the rest of the home, and the large bathroom includes a built-in shower and dual-line closets for ample storage. The rear bedroom provides private access to a fenced backyard with a storage shed, and a covered side sitting area adds charm and additional outdoor living space. Both homes have had their roofs recently replaced—one in 2021 and the other in 2022—offering added peace of mind for investors.

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. This zoning makes them strong candidates for future mixed-use or multi-family development, subject to city approval. Whether you're seeking to expand your rental portfolio or pursue a redevelopment project, this property offers a rare combination of flexibility, location, and income-producing potential. Being sold AS IS, this turnkey investment allows you to capitalize on current cash flow while planning for future growth in one of the region's most strategically evolving corridors.

Location

State FL

County Pinellas

Community Placid Lake Sub

Area 33770 - Largo/Belleair Bluffs

Direction NW

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)

Heating Ductless

Cooling Wall/Window Unit(s)

Fireplace false

Appliance Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer

Laundry Electric Dryer Hookup, Laundry Closet, Washer Hookup

Exterior

Exterior Feature Fence, Storage

Parking Features Off Street

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

Roof Type Built-Up,Shingle

Garage false

Private Pool No

Building

Lot Description City Limits, In County, Near Public Transit, Paved

Foundation Pillar/Post/Pier, Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco,Vinyl Siding,Frame

New Construction false

Schools

Elementary Schools Mildred Helms Elementary-Pn

Middle Schools Largo Middle-Pn

High Schools Largo High-Pn

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

+1(407) 497-4717

ryan@lineagere.com

9209 Reymont Street, Orlando, FL, 32827, United States

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1144 and 1142 7TH ST NW Largo, FL 33770