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$399,990

615 2nd Avenue NE Largo, FL 33770 Multi Unit - Multiple Active

  • 615 2nd Avenue Ne, Largo, FL 33770 Main Photo

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Description

Rarely does an investment opportunity of this caliber and potential hit the market. Located at 615 2nd Ave NE, this solid block duplex, constructed in 1980, offers a unique and highly coveted acquisition for both the astute investor looking to expand their portfolio and the savvy homebuyer seeking to achieve financial independence by offsetting their mortgage. The property features a consistent and highly functional two-bedroom, one-bath configuration on each side. One side is currently tenant-occupied, providing immediate rental income, while the other side has been meticulously maintained by the same owner since 1990, reflecting the pride of ownership and stability that makes this such a standout asset.The property has been thoughtfully improved to ensure long-term value and peace of mind. Both service electrical panels have been updated, and the roof was replaced and permitted in 2016. Furthermore, unit B has undergone a comprehensive transformation, featuring a complete kitchen remodel with brand-new stainless steel appliances, modern luxury vinyl plank (LVP) flooring, and fresh interior paint throughout. For added flexibility and freedom, the property is situated in a non-flood zone, outside of evacuation zones, and is completely free from the constraints of HOA or deed restrictions.The location is truly exceptional, placing you within easy walking distance of the expansive Largo Central Park and the rapidly revitalizing downtown Largo district. The neighborhood has been transformed into a vibrant, modern urban hub by the new Horizon West Bay development, an $85 million initiative that has redefined the city's core. The centerpiece of this project is the new City Hall, which serves as an anchor for a walkable, pedestrian-friendly downtown environment that now features a mix of community gathering spaces, local businesses, and popular retail and dining destinations. With continued city investment and significant new developments creating a buzz in the immediate area, securing this property means staking a claim in a growing, dynamic, and high-demand neighborhood. Don't miss your chance to own a piece of Largo's bright and expanding future. Tenant and Owner occupied do not approach directly or walk on to property without appointment.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $1,006
Year Built: 1980

General Information

Bedrooms: 4
Sqft: 1,680
County: Pinellas
Subdivision: ROOSEVELT GROVES
Listed By:
Ben Mitrano PA LPT REALTY, LLC 877-366-2213

Amenities

Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Solid Surface Counters
Lighting
Private Entrance
Private Mailbox
Sliding Doors
Storage

Property Features

Annual Net Income: 12000.00
Directions: right on 2nd ave north head to 615 NE Ave will be on the right side.
Exterior: Block
Flood Zone Code: X
Flooring: Luxury Vinyl, Tile
Foundation: Block, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.19
Other Equipment: Private Entrance
Ownership: Fee Simple
Patio/Porch: Patio
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Listing Agent Must Accompany
Special Sale Provisions: None
Utilities: Cable Available, Electricity Available, Phone Available, Water Available
Water: Public
Water Access Y/N: No
$399,990
4beds
1,680sqft
New to the Market Active
BEDS4 BATHS SQUARE FEET1,680 MLS#TB8527157
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONROOSEVELT GROVES

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615 2nd Avenue Ne, Largo, FL 33770.

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Estimated Payment

$ 1,549.60 per month $1,349.10 Principal & Interest $83.83 Property Tax $116.66 Homeowner's Insurance

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