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
Sold for $1,485,000
$1,485,000
401 1st Ave NE, Largo, FL 33770
1beds
1baths
6,852sqft
Multi Family
Built in 1950
-- sqft lot
$1,640,200 Zestimate®
$217/sqft
$1,271 Estimated rent
Home value
$1,640,200
$1.38M - $1.94M
$1,271/mo
Zestimate® history
Owner options
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$1,271/mo
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$1,271/mo
Rent Zestimate®
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$10,204/mo
Est. payment
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$10,204/mo
Est. payment
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List your homeWhat's special
New roofSecurity camerasLounge room
Zillow last checked:
Listing updated:
Listing Provided by:
Gilon Levert 857-251-7307,
GILON LEVERT 857-251-7307
Bought with:
Scott Rehm, 3147127
REHM REALTY GROUP LLC
Source: Stellar MLS,MLS#: T3518466
Originating MLS: Tampa
Originating MLS: Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Central, Electric, Wall Units / Window Unit
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Range, Range Hood, Refrigerator
- Laundry: Common Area, Laundry Room
Features
- Ceiling Fan(s)
- Flooring: Laminate, Tile
- Has fireplace: No
Interior area
- Total structure area: 7,573
- Total interior livable area: 6,852 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Other
Lot
- Size: 0.56 Acres
- Dimensions: 192 x 127
Details
- Parcel number: 342915765360020010
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public, Street Lights
Community & neighborhood
Security
- Security features: Closed Circuit Camera(s), Smoke Detector(s)
Location
- Region: Largo
- Subdivision: ROOSEVELT GROVES
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 11960
Other
Other facts
- Listing terms: Cash,Conventional,Other
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2024 | Sold | $1,485,000-4.2%$217/sqft |
Source:  Stellar MLS #T3518466 Report a problem | ||
| 4/26/2024 | Pending sale | $1,550,000$226/sqft |
Source: Stellar MLS #T3518466 Report a problem | ||
| 4/12/2024 | Listed for sale | $1,550,000+55%$226/sqft |
Source: Stellar MLS #T3518466 Report a problem | ||
| 2/23/2024 | Listing removed | -- |
Source: Stellar MLS #T3503202 Report a problem | ||
| 2/9/2024 | Listed for rent | $1,750 |
Source: Stellar MLS #T3503202 Report a problem | ||
| 4/7/2020 | Sold | $1,000,000+127.3%$146/sqft |
Source: Public Record Report a problem | ||
| 9/18/2013 | Sold | $440,000+63%$64/sqft |
Source: Public Record Report a problem | ||
| 8/3/1999 | Sold | $270,000+20.5%$39/sqft |
Source: Public Record Report a problem | ||
| 8/1/1997 | Sold | $224,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $17,189 -6.3% | $925,000 -4.6% |
| 2023 | $18,344 +2.9% | $970,000 +3.7% |
| 2022 | $17,820 +5.1% | $935,000 +10% |
| 2021 | $16,955 +62.6% | $850,000 +65% |
| 2020 | $10,430 +4.2% | $515,000 +5.1% |
| 2019 | $10,007 | $490,000 +5.2% |
| 2018 | $10,007 +6% | $466,000 +13.7% |
| 2017 | $9,437 +18.6% | $410,000 +7.9% |
| 2016 | $7,956 +0.5% | $380,000 +2.7% |
| 2015 | $7,913 +0.5% | $370,000 +0.1% |
| 2014 | $7,872 +37.8% | $369,600 +39.5% |
| 2013 | $5,712 | $265,000 +3.9% |
| 2011 | -- | $255,000 -27.1% |
| 2008 | $6,817 | $350,000 +7.7% |
| 2005 | -- | $325,000 +18.2% |
| 2003 | $5,798 +21.3% | $275,000 +20.2% |
| 2000 | $4,778 | $228,700 |
Find assessor info on the county website
Neighborhood: Roosevelt Groves
Nearby schools
GreatSchools rating
- 9/10Ponce De Leon Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Largo Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Largo High SchoolGrades: PK,9-12Distance: 0.3 mi
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Estimated market value
$1,640,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,640,200
- Florida
- Pinellas County
- Largo
- 33770
- Roosevelt Groves
- 401 1st Ave NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
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