118 Lake Avenue, FL

$435,000

118 Lake Avenue

Largo, FL 33771

Active
5
Beds
2
Baths
1,718
Sq Ft
0.32
Acres
1973
Built
$253/sqft360° tour
🏠Duplex

Property type

🏗️1973

Year built

📐13,822 sqft

Lot size

📊$253

Price / sq ft

🏘️No HOA

HOA dues

📅3

Days on market

🌊X

Flood zone

About this home

Duplex in excellent condition. Tenants have been there for over 10 years. Tenant in #B says she has been there 28 years. Tenants are on a yearly lease with an early termination clause that requires 30 days written notice and a $300 relocation payment, plus additional details. Terrific tenants who would like to stay. Separate water meters, separate electric meters, separate water heaters, separate HVAC, separate washer & dryer hookups. Huge Lot approximately 70X203 - Tenants mow the lawn. Plenty of parking. Freshly painted one story block building with tile floors. 4 Point inspections were done April 24/2024 and are attached in the MLS. Please keep in mind that these are long term tenants and are on discounted rents The rents could easily be raised by $200/Month per unit to market rates or $400 total, for an additional $4800 per year.

Estimated monthly payment

Principal & interest$2,200
Property taxes$475
Home insurance (est.)$199

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 history3 days on market

  1. Status: Active
    Apr 22, 2026
  2. Listed$435,000
    Apr 22, 2026
  3. Price increased$435,000

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Duplex
Status
Active
Days on market
3
Subdivision
Lake Palms Sec 4
County
Pinellas
Year built
1973
Living area
1,718 sq ft
Price/sq ft
$253
Building area
2,004 sq ft (Public Records)
Lot size
13,822 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12103C0117J)
Annual taxes
$5,696 (2025)
Parcel #
36-29-15-48168-000-0240
MLS #
TB8499836

Interior Details

Bedrooms
5
Flooring
Ceramic Tile, Laminate
Appliances
Range, Range Hood, Refrigerator
Interior features
Eat-in Kitchen
Laundry
Electric Dryer Hookup, Laundry Room, Washer Hookup
Stories / Levels
One

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple

Exterior & Construction

Exterior features
Private Entrance, Private Mailbox
Construction materials
Block
Roof
Shingle
Foundation
Slab
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected

Community

Pets allowed
Cats OK, Dogs OK

Listing Details

Listing date
2026-04-22
On market date
2026-04-22
Original list price
$435,000
Occupant type
Tenant
MLS area
33771 - Largo
Listing AOR
Suncoast Tampa
Status changed
2026-04-22
Tax legal description
LAKE PALMS SEC 4 LOT 24

Flood risk

Minimal riskFEMA Zone XPanel 12103C0117J

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

Belcher Rd/ West on East Bay Dr/ Left on Fulton/ Right on Lake Ave SE/ House on the right.

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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 25, 2026 at 10:53 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.

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