


$399,000
118 Lake AvenueLargo, FL 33771
Listing updated: October 13, 2026 at 2:36 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Back on the market because financing fell through. Duplex in excellent condition. Tenants in #A have been there for approximately 10 years. Tenant in #B was there for 28 years and has just bought a house. That unit is the 3 bedroom 1 bath and is now vacant. Tenant in #A unit was on a yearly lease which was up in Oct. #A is now on a month to month lease. 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. 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. Pictures of #B were taken before the tenant moved out.
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 history96 days on market
- Status: ActiveSep 25, 2026
- Listed$435,000Apr 22, 2026
- Price reduced$399,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 96
- Subdivision
- Lake Palms Sec 4
- County
- Pinellas
- Year built
- 1973
- Living area
- 1,718 sq ft
- Price/sq ft
- $232
- 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
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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
- None
- Total annual fees
- None
- 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
- 2026-09-25
- Tax legal description
- LAKE PALMS SEC 4 LOT 24
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
Belcher Rd/ West on East Bay Dr/ Left on Fulton/ Right on Lake Ave SE/ House on the right.
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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 October 13, 2026 at 2:36 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.
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