151 1st Street Northwest, Largo, FL 33770

Listing office Bridgewater Commercial Real Estate Show Phone

Listing date Jun 16, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Bridgewater Commercial Real Estate

Report an issue

---

Overview

The offering is a 0.47± acre assemblage made up of four parcels of vacant commercial land. The property is held for development and is currently unoccupied, providing a clean slate for an end-to-end redevelopment plan. Based on the stated zoning for the West Bay Commercial Redevelopment District, the site now allows up to 60 residential units per acre.

The land is located in the heart of Downtown Largo’s West Bay Commercial Redevelopment District. Public remarks indicate Largo recently doubled the base residential density in this district and provides additional stackable bonuses, direct city grants, Brownfield state tax credits, and Opportunity Zone treatment.

With the 74-unit Park Vista apartments described as already rising directly across the street, this site presents an opportunity to locate new residential or mixed-use space within an active redeveloping corridor. For developers and investors focused on density-driven projects, the combination of current unit density allowances and referenced redevelopment incentives may be practical for structuring a build plan around both residential and mixed-use outcomes.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Largo

County

Pinellas

State

Florida

Longitude

-82.789584

Latitude

27.917547

Nearby Similar for Sale

• 

  $1,785,000

  3,520 SF

  Mixed-Use Development Opportunity in Largo

  High-traffic location suitable for retail, medical, or flex development.

  191 BELCHER ROAD S, LARGO, FL 33771

  View Details
• 

  $275,000

  1,525 SF

  Medical/Professional Office Condo

  Office condo with four private offices, a reception area, and a large conference room with potential flexibility.

  10225 ULMERTON ROAD, LARGO, FL 33771

  View Details
• 

  $1,499,900

  6,696 SF

  Largo Office Building For Sale

  Well-maintained commercial property with high visibility and accessibility.

  12597 WALSINGHAM ROAD, LARGO, FL 33774

  View Details
• 

  $749,000

  2,880 SF

  Income-Producing Quadruplex with Four Units

  Four two-bedroom units with private fenced backyards and laundry; one unit is freshly prepared for immediate occupancy.

  122 WERTZ DRIVE, LARGO, FL 33771

  View Details
• 

  $3,850,000

  20,547 SF

  Block Office Building with Parking

  Busy corner office building with recent HVAC and roof updates, offering investor income and room to stabilize vacancies.

  2700 E BAY DRIVE, LARGO, FL 33771

  View Details
• 

  $430,000

  1,592 SF

  Updated Duplex with Private Yards

  Two-unit rental duplex with fenced backyards, tiled flooring, and updated interiors designed for comfortable occupancy.

  11301 110TH TERRACE, LARGO, FL 33778

  View Details
• 

  $1,340,000

  7,250 SF

  Retail Property on West Bay

  Retail property on a corner lot with high frontage.

  1400 W BAY DRIVE, LARGO, FL 33770

  View Details
• 

  $890,000

  3,212 SF

  Free Standing Office Building

  3,212 SF office building on a 0.46-acre corner lot.

  550 E BAY Dr, Largo, FL 33770

  View Details
• 

  $1,449,900

  7,722 SF

  Largo Commercial Property: Multi-Building Layout

  Versatile commercial property in Largo, Florida, ideal for owner-user.

  11151 66TH St, Largo, FL 33773

  View Details
• 

  $419,000

  1,718 SF

  Duplex with Separate Utilities

  Well-maintained one-story duplex offering separate electric and water service, ideal for income-oriented buyers seeking stability.

  118 LAKE AVENUE SE, LARGO, FL 33771

  View Details
• 

  $548,900

  2,480 SF

  Lake Palms Duplex with Yard

  Well-maintained duplex in Largo's Lake Palms subdivision with private yard.

  2824 Meadow View Ave, Largo, FL 33771

  View Details
• 

  $368,500

  1,650 SF

  Block Construction Duplex Investment

  Two single-level units offer a house-hack setup with one side occupied and the other ready for a new resident.

  3760 135TH AVENUE, LARGO, FL 33771

  View Details

FAQs

What type of property is this?

Commercial land - Vacant downtown assemblage positioned for higher-density residential or mixed-use development under current zoning allowances.

Where is this commercial land located?

The property is located at 151 1st Street Northwest Largo, FL.

What is the asking price?

The asking price for this property is $990,000.

What are key features of this property?

This property features: 0.47± acre assemblage of four parcels in Downtown Largo’s West Bay Commercial Redevelopment District; Vacant commercial land positioned for higher‑density multifamily or mixed‑use development; Zoning allows up to 60 residential units per acre