1005 Lake Palms Drive, FL

$449,000

1005 Lake Palms Drive

Largo, FL 33771

Active
5
Beds
2
Baths
1,846
Sq Ft
0.19
Acres
1973
Built
$243/sqft360° tour
Duplex

Property type

1973

Year built

8,276 sqft

Lot size

$243

Price / sq ft

No HOA

HOA dues

518

Days on market

X

Flood zone

About this home

Income-Generating Duplex for Sale in Desirable Largo, FL Investors, 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.

Estimated monthly payment

Principal & interest$2,270
Property taxes$335
Home insurance (est.)$206

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history518 days on market

  1. Status: Active
    Nov 27, 2024
  2. Listed$451,500
    Nov 27, 2024
  3. Price reduced$449,000

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Duplex
Status
Active
Days on market
518
Subdivision
Whitegates Sub
County
Pinellas
Year built
1973
Living area
1,846 sq ft
Price/sq ft
$243
Lot size
8,276 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12103C0119H)
Annual taxes
$4,015 (2023)
Parcel #
01-30-15-97353-000-0270
Zoning
RES
MLS #
TB8324881

Interior Details

Bedrooms
5
Interior features
Other
Laundry
Inside, Washer Hookup

Heating & Cooling

Heating
Central
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, Other
Ownership
Fee Simple
Available for lease
Yes

Exterior & Construction

Exterior features
Other
Construction materials
Block, Other
Roof
Shingle
Foundation
Slab
Road surface
Asphalt, Gravel

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Sewer Connected, Water Connected

Community

Pets allowed
Yes

Schools

ElementarySouthern Oak Elementary-PNGreatSchools ↗
MiddleLargo Middle-PNGreatSchools ↗
High SchoolLargo High-PNGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Listing Details

Listing date
2024-11-27
On market date
2024-11-27
Original list price
$451,500
MLS area
33771 - Largo
Listing AOR
Suncoast Tampa
Status changed
2024-11-27
Tax legal description
WHITEGATES SUB LOT 27

Flood risk

Minimal riskFEMA Zone XPanel 12103C0119H

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of April 29, 2026 at 3:05 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA