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$449,000

1005 Lake Palms Drive Largo, FL 33771 Multi Unit - Multiple Active

  • 1005 Lake Palms Drive, Largo, FL 33771 Main Photo

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Description

Income-Generating Duplex for Sale in Desirable Largo, FLInvestors, take note! Seller is willing to contribute toward buyer's closing costs. This well-maintained duplex in the heart of Largo, Florida, offers a fantastic opportunity to own a fully-rented property in a quiet, established neighborhood. Both units are currently leased, providing immediate rental income and the potential for long-term cash flow.Property Features: Fully Rented: Both 2-bedroom, 1-bathroom units are currently leased with reliable tenants, ensuring steady rental income from day one. Well-Maintained: Both units feature updated flooring, fresh paint, and functional kitchens, making them move-in ready and easy to manage. Prime Location: Situated in a peaceful residential area, this duplex is close to major roadways, shopping, dining, schools, and just a short drive from the Gulf beaches. Low Maintenance: With long-term tenants in place, this property offers a low-maintenance investment with minimal turnover and management. Ample Parking: Each unit has its own parking space, with additional parking available for guests. Spacious Outdoors: Both units enjoy access to a large backyard, providing plenty of room for outdoor enjoyment.This turnkey duplex is perfect for investors seeking a solid addition to their portfolio, offering consistent income and minimal hassle. The location in Largo, a growing and desirable area, makes it even more appealing for both current and future tenants.Don't miss this opportunity! Contact us today for more details or to schedule a private showing.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.19 Acres
Roof Type: Shingle
Taxes: $4,015
Year Built: 1973

General Information

Bedrooms: 5
Sqft: 1,846
County: Pinellas
High School: Largo High-PN
Subdivision: WHITEGATES
Listed By:
Kathryn Larkin CENTURY 21 RE CHAMPIONS 727-398-2774

Amenities

Other
Other

Property Features

Annual Net Income: 37015.00
Days on Site: 523
Directions: From the intersection of East Bay Drive and Fulton St., right on Fulton to right on Lake Ave., S. E. Follow Lake around to the south, where it becomes Lake Palms Drive. Continue on Lake Palms to address on left.
Exterior: Block, Other
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot Dimensions: 0.19
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only, Call Listing Agent 2
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RES
$449,000
5beds
1,846sqft
Active Price Reduced $16,000 on April 29th, 2026
BEDS5 BATHS SQUARE FEET1,846 MLS#TB8324881
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWHITEGATES

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1005 Lake Palms Drive, Largo, FL 33771.

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Estimated Payment

$ 1,979.94 per month $1,514.40 Principal & Interest $334.58 Property Tax $130.96 Homeowner's Insurance

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