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$199,000
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Property Description
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.
Full Property Details
Full Property Details for 1142 7th St NW
General
- Price: $199,000
- Taxes: $1,762 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8385303
- Updated: 1/6/2026
- Added to Site: 249 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
- Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Exterior
- Exterior Features: Lighting
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Parking Features: Off Street
Location
- Area: 33770 - Largo/Belleair Bluffs
- County: Pinellas
- Development Name: 33770 - Largo/Belleair Bluffs
- Subdivision: PLACID LAKE SUB
- Driving Directions: Take I-4 W and I-275 S to FL-688 W/Ulmerton Rd in Saint Petersburg. Take exit 31 from I-275 S Continue on FL-688 W/Ulmerton Rd. Take FL-686 W to 7th St NW in Largo
- Direction Faces: West
School Information
- Elementary School: Mildred Helms Elementary-PN
- Middle School: Largo Middle-PN
- High School: Largo High-PN
Community
- Community Name: 33770 - Largo/Belleair Bluffs
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Public, Sewer Connected
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 600
- Sq. Ft. Source: Public Records
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,019
- Lot Size: 3019
- Lot Dimensions: 35 x 100
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $1,762.62
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PLACID LAKE SUB PART OF TRACT 9 DESC BEG MOST N'LY COR TRACT 9 TH S'LY ALG E LINE BLK B, LAKE PLACID LOT 9 20FT TO POB TH CONT S'LY 20FT TH S48D32'33"W 90.73FT TH NW'LY ALG E'LY R/W LINE OF LAKE VIEW RD 44.65FT TH NE'LY TO A POINT 20FT S'LY OF MOST N'LY COR TRACT 9 110FT(S) TO POB
- Flood Zone Info: X
- APN: 272915718560000902
- Property ID: 272915718560000902
- Block/Lot/Section: B
Listed by Keller Williams Realty Portfolio Collection
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Schools
Schools serving 1142 7th St NW
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Largo High School 410 Missouri Avenue North, Largo, FL 33770 | 9-12 | 0.7 mi |
Mildred Helms Elementary School 561 Clearwater Largo Road South, Largo, FL 33770 | PK-5 | 1 mi |
Largo Middle School 155 8th Avenue Southeast, Largo, FL 33771 | 6-8 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1142 7th St NW
Date
Details
Price
Change
Source
1/06/2026
Price Reduced
$199,000
-5.24%
MLS
5/13/2025
Listed
$210,000
-9.09%
MLS
11/30/2022
Sold
$231,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1142 7th St NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,798
2%
$117,785
-14%
2024
$1,763
36%
$136,914
99%
2023
$1,301
46%
$68,784
25%
2021
$891
-2%
$54,967
-1%
2022
$906
2%
$55,746
54%
2021
$891
21%
$36,281
—
2019
$737
-8%
$36,109
-6%
2018
$798
-4%
$38,527
-11%
2017
$827
16%
$43,094
26%
2016
$714
1%
$34,123
-16%
2015
$706
27%
$40,818
55%
2014
$555
9%
$26,253
11%
2013
$509
—
$23,617
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1142 7th St NW
1142 7th Street NW, Largo, FL 33770 (MLS# TB8385303) is a Single Family property with 2 bedrooms and 2 full bathrooms. 1142 7th Street NW is currently listed for $199,000 and was received on May 13, 2025. Want to learn more about 1142 7th Street NW? Do you have questions about finding other Single Family real estate for sale in Largo? You can browse all Largo real estate or contact a Coldwell Banker agent to request more information.

