Description

This is a rare investment opportunity featuring two adjacent parcels, each with its own rental home, offering both immediate income potentialand 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, theseproperties are ideally positioned to attract a strong tenant base year-round. Each home features a functional and appealing layout-this homeoffers an open-concept living space with a front bedroom that includes an en suite bath and walk-in closet, while a second bedroom past thekitchen boasts its own large en suite bathroom with a washer and dryer. Tenants will appreciate the private rear sitting area and spacious sharedbackyard, enhancing both livability and rental value. Additionally, the roof was recently replaced in 2022. These parcels are located within theClearwater-Largo Road (CRD) Community Redevelopment District and fall under the Future Land Use designations outlined in Table 6-2 of theLargo Municode Library, making them ideal candidates for future mixed-use or multi-family development, subject to city approvals. Whetheryou'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 rentalcash flow while planning for future growth in one of the region's most strategically evolving corridors.