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1005 LAKE PALMS DRIVE

Multi-family For Sale
$434,000

BTC: 6.78125000

ETH: 272.15320846

-$18K (2026/07/14)
594 days
5 bds
1,846 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1973
Lot:
0.19 Acres
Heating:
Central
Price/sqft:
$235
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$429,450
$311K – $472K
Confidence Low
List vs. estimate
At estimate
List $434,000 · +1.1%
List is in line with recent comparable activity.
Price per sq ft
$235
-7.5% vs. city median $254
Based on
12 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,015
2023
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 013015973530000270

    • Zoning: RES

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,015

  • Source details

    • MLS ID: TB8324881

    Other facts

    • Construction Materials: Block / Other

    • Foundation Details: Slab

    • Laundry Features: Inside / Washer Hookup

    • Living Area: 1846

    • Water Source: Public

    • Subdivision Name: WHITEGATES SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 RE CHAMPIONS