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For sale
  • Price increase: $26.1K (5/26)
    $475,000

    1005 Lake Palms Dr, Largo, FL 33771

    5beds
    2baths
    1,846sqft
    : 
    Duplex, Multi Family
    Built in 1973
    -- sqft lot
    $465,600 Zestimate®
    $257/sqft
    $-- HOA

    What's special

    Fresh paintLarge backyardAmple parkingFunctional kitchensUpdated flooringSpacious outdoors
    Income-Generating Duplex for Sale in Desirable Largo, FL Investors, take note! Seller is willing to contribute up to 5% of 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. Please note: this is one of 2 units for sale by the owner: 1001, and 1005 Lake Palms! Seller would prefer to sell all of her duplexes as a package: TB8324930, TB8324881, TB8324870
    203 days
    on Zillow
    |
    280
    |
    20
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: June 09, 2025 at 06:22pm

    Listing Provided by:

    Kathryn Larkin 727-709-0378,

    CENTURY 21 RE CHAMPIONS 727-398-2774,

    Tom Steck 727-641-7771,

    CENTURY 21 RE CHAMPIONS

    Source: Stellar MLS,MLS#: TB8324881MLS LogoOriginating MLS: Suncoast Tampa

    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1005 Lake Palms Dr.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside, Washer Hookup
    Features
    • Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,846 sqft
    Video & virtual tour

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: 013015973530000270
    • Zoning: RES
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Other
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: WHITEGATES SUB
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: Largo

    Financial & listing details

    • Price per square foot: $257/sqft
    • Tax assessed value: $265,000
    • Annual tax amount: $4,015
    • Date on market: 11/27/2024
    • Listing terms: Cash,Conventional,Other
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt, Gravel
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