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401 1st Avenue NE, Largo, FL 33770
$1,550,000 Sale Pending
401 1st Avenue NE, Largo, FL 33770View this property at 401 1st Avenue NE, Largo, FL 33770
401 1st Avenue NELargoFL33770
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Property Description
Under contract-accepting backup offers. Well-maintained and managed 11-unit property located at 401 1st Ave NE, Largo, Florida. Situated right next to Largo Park, this income-generating income property offers a coin-operated laundry room for extra cash flow. Most of the units have been renovated or freshly updated, ensuring quick rentals. Whether you're an experienced investor or looking for a good rental income opportunity, this prime location promises both stability and growth. Act now to secure your slice of Florida real estate success! 1. Most of the units are renovated 2. a new washer and dryer are located in a lounge room, including security cameras. 3. ample of parking spaces in the property 4. all units are first floor 5. there is storage in the property 6. four units have a new roof 7. the property has an immediate turnover and is easy to rent due to its profitable location Financial information including all annual gross and Net income, Expenses and individual unit rents and expenses are available for review. The overall financial information is located in this listing financial information
Full Property Details
Full Property Details for 401 1st Ave NE
General
- Price: $1,550,000
- Taxes: $18,343 (2023)
- Status: Pending
- Type: Multi-Family
- MLS ID: T3518466
- Updated: 4/26/2024
- Added to Site: 37 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Ceiling Fans(s)
- Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
- Flooring: Laminate, Tile
Rooms
Other Rooms
- Laundry: Common Area, Laundry Room
Additional Information
- Security/Safety: Closed Circuit Camera(s), Smoke Detector(s)
Exterior
- Exterior Features: Lighting, Other
Location
- Area: 33770 - Largo/Belleair Bluffs
- County: Pinellas
- Development Name: 33770 - Largo/Belleair Bluffs
- Subdivision: ROOSEVELT GROVES
- Driving Directions: SEE GPS
Community
- Community Name: 33770 - Largo/Belleair Bluffs
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Public, Street Lights
Structural Information
- # Buildings: 6
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 6,852
- Sq. Ft. Source: Public Records
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,367
- Lot Size: 24367
- Lot Dimensions: 192 x 127
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $18,343.87
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: ROOSEVELT GROVES BLK 2, LOTS 1 THRU 4
- Flood Zone Info: X
- Disclosures/Reports: Lead Paint
- APN: 342915765360020010
- Property ID: 342915765360020010
- Block/Lot/Section: 2
Listed by Gilon Levert
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Schools
Schools serving 401 1st Ave NE
School District:Pinellas County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1301 Ponce De Leon Blvd, Clearwater, FL 33756 | PK-5 | 1.2 mi | |
155 8th Ave Se, Largo, FL 33771 | 6-8 | 0.6 mi | |
410 Missouri Ave N, Largo, FL 33770 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 1st Ave NE
Date
Details
Price
Change
Source
4/12/2024
Listed
$1,550,000
55%
MLS
3/31/2020
Sold
$1,000,000
—
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 401 1st Ave NE
Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,344
8%
$970,000
14%
2021
$16,955
-5%
$850,000
-10%
2022
$17,820
5%
$940,000
83%
2021
$16,955
69%
$515,000
5%
2019
$10,007
6%
$490,000
9%
2018
$9,437
10%
$451,000
10%
2017
$8,611
8%
$410,000
8%
2016
$7,956
1%
$380,000
3%
2015
$7,913
1%
$370,000
—
2014
$7,872
38%
$369,600
39%
2013
$5,712
—
$265,000
—
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 401 1st Ave NE
401 1st Avenue NE, Largo, FL 33770 (MLS# T3518466) is a Multi-Family property with 11 units containing 0 bedrooms and 0 full bathrooms. 401 1st Avenue NE is currently listed for $1,550,000 and was received on April 12, 2024. Want to learn more about 401 1st Avenue NE? Do you have questions about finding other Multi-Family real estate for sale in Largo? You can browse all Largo real estate or contact a Coldwell Banker agent to request more information.