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Property Description
Looking for a home where you can walk to the park, library, restaurants and neighborhood favorites - and still be just minutes from the Gulf beaches? This townhome-style condo near Largo Central Park offers something else condo buyers appreciate: no neighbors above or below, plus your own outdoor space both upstairs and down. In other words, no footsteps overhead and no one living under yours. Inside, easy-care tile and wood laminate flooring runs throughout the home - no carpet to baby, shampoo or apologize for. The primary bedroom opens to its own private balcony overlooking the garden area at the rear of the townhome, while downstairs a private patio with a gas grill creates another inviting spot to relax or entertain. Several important improvements have already been completed, including impact windows installed in 2024, a new A/C system in 2024 and a roof approximately three years old. Roof maintenance and replacement are handled by the condo association. The kitchen also features a newer (2024) stainless steel French-door, counter-depth refrigerator. The location is a real standout. A gated rear entrance, accessible only to Magnolia Square residents with a key, provides convenient access to the Largo Public Library, with Largo Central Park just across the street. Shops, restaurants, a neighborhood pub and other everyday conveniences are nearby, while the barrier-island beaches are only about 4.4 miles away. And a nice bonus for EV drivers: the library parking lot has EV charging stations, because apparently even your car gets a neighborhood amenity. The home includes an assigned covered parking space, and Magnolia Square residents enjoy a community pool, tennis courts and clubhouse. Monthly condo dues also include water, sewer, trash collection, building insurance, exterior building and grounds maintenance, and reserve funding. Whether you're looking for your first home, a Florida getaway or simply a low-maintenance home in a location where you can leave the car parked more often, this one offers a combination of privacy, outdoor living, recent improvements and convenience that's hard to find.
Full Property Details
Full Property Details for 501 E Bay Dr #702
General
- Price: $172,000
- HOA FEE: $535/month
- Taxes: $2,689 (2025)
- Status: Active
- Type: Townhouse
- Source: MidFloridaRegionalMLS
- MLS ID: TB8552030
- Updated: 9/25/2026
- Added to Site: 4 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Wood Cabinets
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Kitchen
Additional Information
- Shared Amenities: Clubhouse, Pool, Tennis Court(s)
Exterior
- Exterior Features: Balcony, Outdoor Grill
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Assigned, Guest
Location
- Area: 33770 - Largo/Belleair Bluffs
- County: Pinellas
- Development Name: 33770 - Largo/Belleair Bluffs
- Subdivision: MAGNOLIA SQUARE CONDO INC
- Driving Directions: From U.S. 19 and East Bay Dr (Fla 686), west on E. Bay Drive to Fourth St. in Largo, make a U Turn, community entrance to Magnolia Square is first turn on your right. Turn right into community, then first right, follow street to end. Unit 702 will be on your right. Guest parking is marked by yellow curbs.
- Direction Faces: East
Community
- Community Name: 33770 - Largo/Belleair Bluffs
- Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Pool, Tennis Court(s)
- Optional Amenities: Clubhouse, Pool, Tennis Court(s)
- Association: Yes
- Assoc. Name: D. J. Gooch
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
- Number of Pets: 1
- Pet Restrictions: One dog or cat allowed, 25 lb weight limit., / 25lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Windows: Blinds, Double Pane Windows
- Stories/Levels: Two
- Square Feet: 816
- Sq. Ft. Source: Public Records
- Year Built: 1975
Lot Features
- Lot Size (Acres): 10
- Lot Size (Sq. Ft.): 469,266
- Lot Size: 10.7729
- Street/Road Desc.: Asphalt
Financial Considerations
- Assoc Fee Desc.: None
- Condo Fee: $535
- Condo Fee Freq: Monthly
- Tax Amount: $2,689.05
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: MAGNOLIA SQUARE CONDO INC BLDG 28, UNIT C AKA: UNIT 28-C (702)
- Flood Zone Info: X
- APN: 342915544510280030
- Property ID: 342915544510280030
- Block/Lot/Section: 28/30
Listed by Future Home Realty Inc
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Price & Sales History for 501 E Bay Dr #702
Date
Details
Price
Change
Source
9/25/2026
Listed
$172,000
84.95%
MLS
4/05/2019
Sold
$93,000
—
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 501 E Bay Dr #702
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,689
9%
$164,036
1%
2024
$2,462
4%
$162,843
-1%
2023
$2,376
33%
$164,466
83%
2021
$1,783
-10%
$89,840
-24%
2022
$1,988
11%
$118,606
46%
2021
$1,783
29%
$81,039
19%
2019
$1,386
3%
$67,868
8%
2018
$1,343
12%
$62,946
10%
2017
$1,202
3%
$57,224
3%
2016
$1,167
-1%
$55,736
-6%
2015
$1,174
10%
$59,254
10%
2014
$1,065
-2%
$53,962
-13%
2013
$1,087
—
$62,362
—
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 501 E Bay Dr #702
501 E Bay Drive #702, Largo, FL 33770 (MLS# TB8552030) is a Townhouse property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 501 E Bay Drive #702 is currently listed for $172,000 and was received on September 25, 2026. Want to learn more about 501 E Bay Drive #702? Do you have questions about finding other Townhouse real estate for sale in Largo? You can browse all Largo real estate or contact a Coldwell Banker agent to request more information.

