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Largo Paradise Island Multifamily Homes & Duplexes for Sale

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    $475,000

    • 5 Beds
    • 2 Baths
    • 1,846 Sq Ft

    1005 Lake Palms Dr, Largo, FL 33771

    Income-Generating Duplex for Sale in Desirable Largo, FLInvestors, 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

    Tom Steck CENTURY 21 RE CHAMPIONS

    1005 Lake Palms Dr, Largo, FL 33771
  • /12

    $475,000

    • 5 Beds
    • 2 Baths
    • 1,846 Sq Ft

    1001 Lake Palms Dr, Largo, FL 33771

    Income-Generating Duplex for Sale in Desirable Largo, FLInvestors, 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

    Tom Steck CENTURY 21 RE CHAMPIONS

    1001 Lake Palms Dr, Largo, FL 33771

Why Live in Largo Paradise Island

The Largo Paradise Island neighborhood consists of a gated, 55-plus community called Paradise Island and two blocks of suburban tract housing in central Largo. While Paradise Island has an HOA, the single-family townhomes and duplexes outside the gates do not. “No HOA is part of it, but affordability is the main draw,” says Tom Steck, a Century 21 Realtor with nearly 20 years of experience working with clients in Pinellas County. “The gated area is entirely separate, and folks buy there for the retirement community lifestyle. But these homes outside of Paradise Island are mostly rentals. It’s an opportunity for folks to find housing till they save some money and buy a house,” he says. Largo Paradise Island’s median home price is $225,000, almost $100,000 below the city median. Prices for the manufactured homes in Paradise Island start close to $140,000 and rise to nearly $230,000, while the brightly colored townhomes on South Pines Drive sell for between $225,000 and $265,000. The duplexes on Lake Palms Drive rarely go on the market; none have sold in recent years, but list prices are just under $450,000. Its inland location makes the neighborhood less vulnerable to flooding
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