151 1st Street Northwest Largo, FL 33770
Vacant downtown assemblage positioned for higher-density residential or mixed-use development under current zoning allowances.
Property Features for 151 1st Street Northwest
General Information
- Standard status
- Active
- Lot size
- 0.47 Acres
- Property subtype
- Land
Listing office Bridgewater Commercial Real Estate (727) 641-5736
Listing date Jun 16, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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
