$434,000
1005 Lake Palms Drive
Largo, FL 33771
Listing updated: July 14, 2026 at 9:58 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Income-Generating Duplex for Sale in Desirable Largo, FL Investors, take note! 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. 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: 1 unit has 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! The seller is motivated!! TB8487678, TB8324881, TB8487667. Seller is willing to work out a deal for all 3 or 2 of these duplexes.
Estimated monthly payment
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 history594 days on market
- Status: ActiveNov 27, 2024
- Listed$451,500Nov 27, 2024
- Price reduced$434,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 594
- Subdivision
- Whitegates Sub
- County
- Pinellas
- Year built
- 1973
- Living area
- 1,846 sq ft
- Price/sq ft
- $235
- 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
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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
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-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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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 July 14, 2026 at 9:58 AM 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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