19 days on rocket

Sale Pending

401 1st Ave NE, Largo, FL, 33770

$1,550,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,852 SqFt
$226/SqFt
Multi
Schools Nearby

Location

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401 1st Ave NE, Largo$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1950
HeatingCentral, Electric, Window Unit(s)
CoolingCentral Air
MLS #T3518466
Lot Size0.56 Acres
StatusSale Pending
(Pending)

About 401 1st Ave NE

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

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 6,852 SqFt

Listing Office:

  • Office Name: GILON LEVERT
  • Office Phone: (857) 251-7307
  • Listing Agent: Gilon Levert

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
  • Flooring Type: Laminate, Tile
  • Interior: Ceiling Fans(s)

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Other

Lot Features

Lot Information:

  • Lot Size: 0.56 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Window Unit(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Largo High School, Public Magnet Grades 9-12
  • Largo Middle School, Public District Grades 6-8
  • Ponce De Leon Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: SEE GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $226/SqFt

Tax Information:

  • Annual Amount: $10,430
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Largo, FL.

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Largo, FL

City

Med. Sold Price

$331.7K

Med. Price/SqFt

$263

Avg. Days On Market

57

# of Sold Homes

170

401 1st Ave NE vs Largo

19 DAYS ON ROCKET

-38 Days

$1,550,000

+$1.2M More

$226/SqFt

-$37 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $37/SqFt less than other homes in Largo, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3518466

Listing Office:

  • Office Name: GILON LEVERT
  • Office Phone: (857) 251-7307
  • Listing Agent: Gilon Levert

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/1/2024, 11:49:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 07, 2020Home Sold
$1,000,000
Sep 18, 2013Home Sold
$440,000
Aug 03, 1999Home Sold
$270,000
Aug 01, 1997Home Sold
$224,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,430$515,000
2019$10,006$490,000
2018$9,437$451,000
2017$8,611$410,000

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4465560
5
/10

  • Ponce De Leon Elementary School

  • 1301 Ponce De Leon Blvd

  • 1.19 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4465561
3
/10

  • Largo Middle School

  • 155 8th Ave SE

  • 0.63 miles

  • Public District Grades 6-8

High School

school-card-donut-4465562
3
/10

  • Largo High School

  • 410 Missouri Ave N

  • 0.24 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,290. Residents of Largo, FL typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Pinellas County›Largo›33770›401 1st Ave NE

This home is located at 401 1st Ave NE in Largo, FL and zip code 33770 in the Downtown Largo neighborhood. This 6,852 square foot home, which was built in 1950, sits on a 0.56 acre lot. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $1,550,000.

While more than 23 listings in Largo, FL in April 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 124 were sold below. Between March 2024 and April 2024, Largo, FL real estate market has seen increase in the number of listings by 2.5%. The median list price of listings available in April 2024 was $331,722, while the average time on the real estate market was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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