1154 7th St NW
Largo, FL 33770
List Price
$320,000
Initial Investment
$87,200Purchase Price
$320,000
Down Payment
25%
Rent
$3,090
Total Return
$228,866
Annualized Return
31.2%
Cap Rate
7.4%
Gross Yield
11.6%
Cash Flow
$4,847
Appreciation
10.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,917
HOA
None
Flood Risk
Not Required
Fixer Upper!! LOCATION, LOCATION, LOCATION! NO FLOOD ZONE, NO FLOOD INSURANCE REQUIRED! Great investment opportunity within proximity to Downtown Largo and minutes away from the beaches! Main house features 3 bedrooms and 2 bathrooms with 1,556 SF, A blank canvas main house is waiting for your own personal design and touches! New hurricane impact windows, 2022 TPO roof, new framing, new sewer line and new electric panel. Main house needs full-rehab. Plans are approved and ready to start your project! In addition to the main house, a separate solid block concrete ADU with 400 SF COMPLETED RENOVATED, with one bedroom and one-bathroom, New shingle roof, New paint in & out, New impact windows, New Electric, New luxury water proof flooring, New Mini-split 12,000 BTU, and New plumbing fixtures! Live in the cottage, while you renovate the main house! All work done has been done up to code and permitted with the City of Largo. Land dimensions 60 x 149, LAND ZONED MULTIFAMILY . Property SOLD AS IS. CASH OR HARD MONEY ONLY.
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$35,226Expenses
-$7,182Property Taxes
-$5,800Loan Payments
-$17,397Net Cash Flow
$4,847See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Agent License 3563231
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Agent License 3563231
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Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
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SourceStellar MLS
MLS #TB8361834
Last Updated: 03/16/2025 17:03
MLS #TB8361834
Last Updated: 03/16/2025 17:03