$475,000
1626 Pine Street Largo, FL 33774
For Sale MLS# TB8450908
2 beds 2 baths 1,320 sq ft Multi-family
Details for 1626 Pine Street
MLS# TB8450908
Description for 1626 Pine Street, Largo, FL, 33774
Exceptional turnkey opportunity. Strong rental income. Long term tenants in place. Not in a flood zone or evacuation zone. Easily survived 90-110 mph winds in 2024 from hurricane Milton with zero impacts. Concrete foundation. Block wall construction. Energy efficient galvalume metal roofing 14 years into an expected 40+ year lifespan. This very well-maintained duplex is a prime addition to any investor’s portfolio. Great opportunity too for a buyer who wants to live in one unit and rent the other one. The building has two 1br/1ba units. Each unit has covered parking and space for 2 vehicles. Nothing like this in the area. Safe andquiet. Just 5 minutes to Indian Rocks Beach, Belleair Beach, Belleair boat ramp, Belleair dog beach, Walsingham Lake Park, the great Pinellas Bike Trail, and just 10 mins to Clearwater Beach. Gorgeous tropical landscaping and palm trees all lighted at night, and all xeriscaped needing no irrigation. Central a/c and heating. Separate utilities. Electronic entry locks. Beautiful inside with vaulted ceilings, tiled floors, new glass enclosed walk-in showers. Updated kitchens with stainless appliances. Big bedrooms with oversized closets. Washer/dryer in each unit. Each unit has its own private fenced back yard. The property also features the use of a very unique outdoor area with gazebo, fire pit, pergola, and swing benches. Great for entertaining or spending time with family and friends. With updated interiors and a solid infrastructure, this duplex is fully stabilized and ready to generate consistent cash flow from day one. With both units rented at competitive local rates, and very little maintenance costs expected in the near future due to its superior condition, investors can expect a solid 7-8% ROI. Investors - Right next door is an identical duplex, same owner, on a much larger and separate parcel. That duplex is owner occupied and is available but only in a package deal for both properties all together.
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 2
Bathrooms: 2
Lot Size: 0.13 Acres
Square Feet: 1,320 sq ft
Year Built: 1971
Stories: 1 Story
Construction: Other,Stucco
Subdivision: Big Acres
Foundation: Slab
Number Of Units Total: 2
County: Pinellas
School Information
Elementary: Ridgecrest Elementary-Pn
Middle: Seminole Middle-Pn
High: Largo High-Pn
Additonal Room Information
Laundry: Outside
Interior Features
Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Disposal, Dryer
Flooring: Carpet,Ceramic Tile
Additional Interior Features: Built-in Features, Main Level Primary, Solid Surface Counters, Wood Cabinets
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected,High Speed Internet Available,Sewer Connected,Water Connected
Cooling: Central Air
Heating: Central
Exterior / Lot Features
Roof: Metal
Lot Dimensions: 90x63
Additional Exterior/Lot Features: Awning(s), Courtyard, Fence, Storage, Cul-de-Sac
Community Features
Community Features: Sidewalks
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1550
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1550
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Driving Directions
Take Indian Rocks road to Dryer Ave and head east. Turn right on Pine St. Units on right hand side
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tax/Property ID: 05-30-15-08694-000-0120
Tax Amount: 3178.7
Tax Year: 2024
A broker reciprocity listing courtesy: COASTAL PROPERTIES GROUP INTER
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1626 Pine Street
Sales History
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Tax Summary
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Schools
Schools nearby 1626 Pine Street
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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