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615 2ND AVENUE NE

Multi-family For Sale
$399,990

BTC: 6.24984375

ETH: 250.82617938

5 days
4 bds
1,680 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1980
Lot:
0.19 Acres
Heating:
Central / Electric
Price/sqft:
$238
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$379,945
$324K – $464K
Confidence Low
List vs. estimate
$20K above estimate
List $399,990 · +5.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$238
-4.2% vs. city median $248
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,006
2025
All facts and features
  • Flooring

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Solid Surface Counters

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Lighting / Private Entrance / Private Mailbox / Sliding Doors / Storage

    Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 342915765360160040

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Available

    • Phone Available

    • Water Available

  • Other financial information

    • Annual tax amount: $1,006

  • Source details

    • MLS ID: TB8527157

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block / Slab

    • Laundry Features: Electric Dryer Hookup / Washer Hookup

    • Patio And Porch Features: Patio

    • Living Area: 1680

    • Water Source: Public

    • Lot Size Dimensions: 65 x 129

    • Subdivision Name: ROOSEVELT GROVES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC