401 1st Avenue Northeast

Largo, FL 33770

$1,550,000
Price
—
Beds
6,852 Sq. Ft.
$226 / Sq. Ft.
6,852
Sq. Ft.
$226
per Sq. Ft.

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...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
  1. Listed by Gilon Levert • GILON LEVERT

Property Details for 401 1st Avenue Northeast

Subdivision Name
ROOSEVELT GROVES
Township
29
Waterfront
No

Location

Listing Courtesy of GILON LEVERT, Gilon Levert
Add your commute
LISTING UPDATED: 04/26/2024 02:36 PM

Property Details for 401 1st Avenue Northeast

StatusPending
MLS #T3518466
Days on Market6
Taxes$18,344 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1950
Lot Size0.56 AC / 24,367 SF
CountyPinellas County

Location

Listing Courtesy of GILON LEVERT, Gilon Levert
Add your commute

Building Information for 401 1st Avenue Northeast

Stories-Residences11Year Built1950Building Size-Lot Size0.56 AC / 24,367 SF

Payment Calculator

$9,988 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,529

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 401 1st Avenue Northeast

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 7573.0
  • Building Area Units: Square Feet
  • Directions: SEE GPS
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 401
  • Street Name: 1ST
  • Street Suffix: AVENUE
  • Street Direction Suffix: NE
  • State: FL
  • City: LARGO
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 2
  • Tax Book Number: 17-18
  • Tax Legal Description: ROOSEVELT GROVES BLK 2, LOTS 1 THRU 4
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 192x127
  • Parcel Number: 34-29-15-76536-002-0010
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 6
  • Water Access: No
  • Water Extras: No
  • Living Area: 6852
  • Lot Dimensions: 192x127
Property and Assessments
  • Year Built Numeric: 1950
  • Flood Zone Code: X
  • New Construction: No
  • Property Attached: No
  • Public Survey Range: 15
  • Public Survey Section: 34
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Street Lights
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Lighting, Other
  • Foundation Details: Block
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Closed Circuit Camera(s), Smoke Detector(s)
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Heating: Central, Electric, Wall Units / Window Unit
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: Common Area, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $50,473
  • Annual Net Income: $93,046.00
  • Est Annual Market Income: $163,500.00
  • Gross Income: $143,520
  • Unit Count: 1
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Type 1: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $11,960

Property History for 401 1st Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 401 1st Avenue Northeast

Taxable ValueLand-Additions-Total-
Tax Record2023$18,344 ($1,529 / month)
Home Facts
Baths13Total Finished SqFt1,884 SqFtAbove Grade Finished SqFt1,884 SqFtStories1Lot Size24,367 SqFtStyleMulti-Family Res (5+ Units)Year Built1950CountyPINELLASAPN34-29-15-76536-002-0010

Schools near 401 1st Avenue Northeast

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - K to 12
Rating
School
Distance
Ponce De Leon Elementary School
PublicPK to 5

Largo High School
PublicPK to 12

Largo Middle School
Public6 to 8

Pinellas Virtual Franchise
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GILON LEVERT, Gilon Levert

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/26/2024 02:36 PM