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… Read More 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. Read Less
Courtesy of KELLER WILLIAMS REALTY PORTFOLIO COLLECTION 727-489-0800
Listing Snapshot
Days Online
184
Last Updated
Property Type
Duplex
Beds
5
Square Ft.
1,188
Lot Size
0.16 Acres
Year Built
1952
MLS Number
TB8400301
Additional Details
Property Access
Road Surface: Asphalt, Paved
Appliances & Equipment
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Building
Built in 1952, Living area: 1188, Living area units: Square Feet, Construction Materials: Stucco, Vinyl Siding, Frame
Electric Dryer Hookup, Laundry Closet, Washer Hookup
Lot
0.16 acres, Dimensions: 36x121, City Limits, In County, Near Public Transit, Paved
Parking
1 carport space, Off Street
Pets Policy
Allowed: Yes
Roof
Built-Up, Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 27-29-15-71856-000-0901, Public Survey Range: 15, Public Survey Section: 27, Annual Amount: $1,904, Tax Block: B, Tax Book Number: 23-39, Legal Description: PLACID LAKE SUB PART OF TRACT 9 BEG MOST N'LY COR SD TR 9 FOR POB TH SW'LY ALG NW'LY BNDRY 131.2FT TO MOST W'LY COR TH SE'LY ALG SW'LY BNDRY 44.65FT TH NE'LY 110FT(S) TO A POINT 20FT S'LY OF MOST N'LY COR OF SD TR 9 TH N'LY 20FT TO POB, Lot: 8, Year: 2024
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected, Water Source: Public
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