1001 Lake Palms Drive, Largo, FL 33771
- $422,300
- 5
- BD
- 2
- BA
- 1,846
- SqFt
- Sold Price
- $422,300
- List Price
- $451,250
- Status
- Sold
- Days on Market
- 336
- Closing Date
- Nov 26, 2025
- MLS#
- TB8324870
- Property Style
- Duplex
- Year Built
- 1973
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,846
- Lot Size
- 8,276
- Acres
- 0.19
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Whitegates Sub
- MLS Area Major
- Largo
Property Description
Income-Generating Duplex for Sale in Desirable Largo, FL Investors, take note! Seller is willing to contribute up to 5% of 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. Please note: this is one of 2 units for sale by the owner: 1005 Lake Palms! Seller would prefer to sell all of her duplexes as a package: TB8324930, TB8324881, TB8324870
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Additional Information
- Taxes
- $4005
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RES
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Utilities
- Cable Available, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Other
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Elementary School
- Southern Oak Elementary-Pn
- Middle School
- Largo Middle-Pn
- High School
- Largo High-PN
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 01-30-15-97353-000-0280
- Legal Description
- WHITEGATES SUB LOT 28
Listing courtesy of CENTURY 21 RE CHAMPIONS. 727-398-2774
Selling Office: 54 REALTY LLC.Mortgage Calculator
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