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.
For sale
$210,000
1142 7th St NW, Largo, FL 33770
2beds
600sqft
Est.:
Single Family Residence
Built in 1953
3,019 Square Feet Lot
$199,100 Zestimate®
$350/sqft
$-- HOA
What's special
Private rear sitting areaOpen-concept living spaceSpacious shared backyard
- 83 days
- on Zillow |
- 462 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 07:03pm
Listing Provided by:
Chase Walseth 727-755-3830,
KELLER WILLIAMS REALTY PORTFOLIO COLLECTION 727-489-0800
Source: Stellar MLS,MLS#: TB8385303
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
- Level: First
Primary bathroom
- Features: Single Vanity, Tub With Shower
- Level: First
Bathroom 2
- Features: Other, Single Vanity, Tub With Shower, Window/Skylight in Bath
- Level: First
Kitchen
- Features: Breakfast Bar, Built-In Shelving
- Level: First
Living room
- Features: Ceiling Fan(s)
- Level: First
Heating
- Wall Units / Window Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Features
- Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
- Flooring: Ceramic Tile, Laminate
- Has fireplace: No
Interior area
- Total structure area: 600
- Total interior livable area: 600 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Lighting
Lot
- Size: 3,019 Square Feet
- Dimensions: 35 x 100
- Features: City Lot, In County, Irregular Lot, Near Public Transit
Details
- Additional parcels included: 27-29-15-71856-000-0901
- Parcel number: 272915718560000902
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
Community & HOA
Community
- Subdivision: PLACID LAKE SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Largo
Financial & listing details
- Price per square foot: $350/sqft
- Tax assessed value: $136,914
- Annual tax amount: $1,762
- Date on market: 5/13/2025
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 22800
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
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