PENDING0.56 ACRES

401 1st Ave NE
Largo, FL 33770

Roosevelt Groves

1 Bed
1 Bath
6,852 sqft (on 0.56 acres)

1 Bed
1 Bath
6,852 sqft (on 0.56 acres)

$1,550,000

Est. Mortgage $9,169/mo*

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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

Home Highlights

Parking

No Info

Outdoor

No Info

View

No Info

HOA

None

Price/Sqft

$226

Listed

17 days ago

Home Details for 401 1st Ave NE

Interior Features
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 1
Dimensions and Layout Living Area: 6852 Square Feet
Appliances & Utilities Utilities: Electricity Connected, Public, Street LightsAppliances: Electric Water Heater, Range, Range Hood, RefrigeratorLaundry: Common Area, Laundry RoomRefrigerator
Heating & Cooling Heating: Central, Electric, Wall Units / Window UnitHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa No Fireplace
Gas & Electric Has Electric on Property
Windows, Doors, Floors & Walls Flooring: Laminate, Tile
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Laminate, Tile
View No View
Security Security: Closed Circuit Camera(s), Smoke Detector(s)

Exterior Features
Exterior Home Features Roof: ShingleExterior: Lighting, OtherFoundation: BlockNo Private Pool
Parking & Garage No CarportNo Garage
Frontage Road Surface Type: AsphaltNot on Waterfront
Water & Sewer Sewer: Public Sewer

Days on Market
Days on Market: 17

Property Information
Year Built Year Built: 1950
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family
Building Construction Materials: Wood FrameNot a New ConstructionNot Attached Property
Property Information Parcel Number: 342915765360020010

Price & Status
Price List Price: $1,550,000Price Per Sqft: $226

Active Status
MLS Status: Pending

Media
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Location
Direction & Address City: LargoCommunity: Roosevelt Groves

Agent Information
Listing Agent Listing ID: T3518466

Building
Building Area Building Area: 7573 Square Feet

Community
Not Senior Community

HOA
Association for this Listing: TampaNo HOAHOA Fee: No HOA Fee

Lot Information
Lot Area: 0.56 acres

Listing Info
Special Conditions: None

Offer
Listing Terms: Cash, Conventional, Other

Compensation
Buyer Agency Commission: 2Buyer Agency Commission Type: %Transaction Broker Commission: 2%Transaction Broker Commission Type: %
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business
Business Information Ownership: Fee Simple

Rental
Lease Term: 12 Months

Miscellaneous
Mls Number: T3518466Attic: Ceiling Fans(s)

Last check for updates: about 23 hours ago

Listing Provided by: Gilon Levert, (857) 251-7307

GILON LEVERT, (857) 251-7307

Originating MLS: Tampa

Source: Stellar MLS / MFRMLS, MLS#T3518466

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Price History for 401 1st Ave NE

Date	Price	Event	Source
04/26/2024	$1,550,000	Pending	Stellar MLS / MFRMLS #T3518466

04/12/2024	$1,550,000	Listed For Sale	Stellar MLS / MFRMLS #T3518466

04/07/2020	$1,000,000	Sold	N/A
Recording Date 04/07/2020 Contract Date 03/31/2020 County Transfer Tax N/A Total Transfer Tax $70
09/18/2013	$440,000	Sold	N/A
Recording Date 09/18/2013 Contract Date 09/05/2013 County Transfer Tax N/A Total Transfer Tax $3,080
08/03/1999	$270,000	Sold	N/A
Recording Date 08/03/1999 County Transfer Tax N/A Total Transfer Tax $1,890
08/01/1997	$224,000	Sold	N/A
Recording Date 08/01/1997 County Transfer Tax N/A Total Transfer Tax $1,568

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Property Taxes and Assessment

Year	2022
Tax	$17,820
Assessment	$940,000

Home facts updated by county records

Comparable Sales for 401 1st Ave NE

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
889 2nd Ave NE, Largo, FL	0.31	Multi-Family Home	$310,000	07/22/23	1	1	1,040
1169 2nd Ave NE, Largo, FL	0.44	Multi-Family Home	$475,000	04/29/24	2	2	2,053
710 5th Ave NE, Largo, FL	0.34	Multi-Family Home	$300,000	09/29/23	4	2	1,296
603 1st St SE, Largo, FL	0.49	Multi-Family Home	$430,000	03/01/24	4	2	1,392
715 16th Ave NW, Clearwater, FL	1.40	Multi-Family Home	$632,500	03/05/24	1	1	2,160
452 Ridge Rd SW, Largo, FL	0.80	Multi-Family Home	$529,000	06/28/23	2	3	1,217
1132 Auburn St, Clearwater, FL	1.19	Multi-Family Home	$2,525,000	05/10/23	4	3	8,173
1500 Clearwater Largo Rd N, Largo, FL	1.21	Multi-Family Home	$1,067,000	11/10/23	10	6	3,724
1764 S Dr Martin Luther King Jr Ave, Clearwater, FL	1.18	Multi-Family Home	$435,000	04/12/24	4	2	1,612
810 8th Ave SW, Largo, FL	1.01	Multi-Family Home	$225,000	12/07/23	3	2	1,542

What Locals Say about Roosevelt Groves

Joanne V.
Resident
3y ago
"I'm a renter in this neighborhood. I love it here but can't afford to purchase a house in this neighborhood."
9
Flag
Joanne V.
Resident
4y ago
"largo central park had nice events. nothing as far as a downtown area. safe neighborhood north of ulmerton rd"
0
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Gilon Levert, GILON LEVERT

401 1st Ave NE, Largo, FL 33770 is a 1 bedroom, 1 bathroom, 6,852 sqft multi-family built in 1950. 401 1st Ave NE is located in Roosevelt Groves, Largo. This property is currently available for sale and was listed by Stellar MLS / MFRMLS on Apr 12, 2024. The MLS # for this home is MLS# T3518466.

401 1st Ave NE
Largo, FL 33770

$1,550,000

$1,550,000

Local Information