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. 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 Features
Utilities
Cable Available
Electricity Connected
Sewer Connected
Water Connected
House Interior
Eat-in Kitchen
Open Floorplan
Cooling Information
Wall/Window Unit(s)
Heating Information
Ductless
Water Features
Public
School Information
School Information for 1144 7TH NW STREET, LARGO, FL 33770
Elementary School
Mildred Helms Elementary-PN
Middle School
Largo Middle-PN
High School
Largo High-PN
Listing Courtesy: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION - 727-489-0800