$475,000
$24K PRICE INCREASE

Estimated payment $2,957/month

Total Views 6,628
5 Beds
2 Baths
1,846 Sq Ft
$257 Price per Sq Ft

Highlights

  • 0.19 Acre Lot
  • No HOA
  • Ceiling Fan
  • Largo High School Rated A-
  • Central Heating and Cooling System

About This Home

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

Listing Agent

Tom Steck

CENTURY 21 RE CHAMPIONS Brokerage Phone: 727-398-2774 License #680392 Listed on: 11/27/2024

CENTURY 21 RE CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,005

Year Built

  • Built in 1973

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,846 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • Southern Oak Elementary School
  • Largo Middle School
  • Largo High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2,010 Sq Ft Building
  • Whitegates Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,005

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Other
  • Fireplace: No
  • Living Area: 1846
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 2010
  • Lot Size Sq Ft: 8276
  • Tenant Pays: Electricity, Sewer, Trash Collection
  • Directions to Property: From the intersection of East Bay Drive and Fulton St., right on Fulton to right on Lake Ave., S. E. Follow Lake around to the south, where it becomes Lake Palms Drive. Continue on Lake Palms to address on left.
  • Status: Active
  • Co List Office Mls Id: MFR283503541
  • Co List Office Phone: 727-398-2774
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Seminole
  • Escrow Postal Code: l33772
  • Escrow State: FL
  • Escrow Street Name: Park Blvd.
  • Escrow Street Number: 11244
  • List Office Head Office Key Nume: 1048073
  • RATIO Current Price By Calculate: 257.31
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 727-398-2774
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 1001
  • Living Area Meters: 171.50

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Gravel
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0119H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet,Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Southern Oak Elementary-PN
  • High School: Largo High-PN
  • Middle Or Junior School: Largo Middle-PN

Lot Info

  • Zoning: RES
  • Parcel Number: 01-30-15-97353-000-0280
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 769

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 2
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4005
  • Tax Block: 000
  • Tax Book Number: 71-79
  • Tax Lot: 28

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2025 05/26/25 Price Changed $475,000 +5.8% $257 / Sq Ft
03/12/2025 03/12/25 Price Changed $448,900 -0.2% $243 / Sq Ft
03/03/2025 03/03/25 For Sale $449,900 0.0% $244 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $449,900 +0.1% $244 / Sq Ft
01/28/2025 01/28/25 Price Changed $449,500 -0.4% $243 / Sq Ft
11/27/2024 11/27/24 For Sale $451,500 0.0% $245 / Sq Ft
03/05/2022 03/05/22 Rented $1,350 0.0% --
02/22/2022 02/22/22 Under Contract -- -- --
01/23/2022 01/23/22 Price Changed $1,350 -10.0% $2 / Sq Ft
01/03/2022 01/03/22 For Rent $1,500 +40.2% --
11/17/2020 11/17/20 Rented $1,070 +0.9% --
11/13/2020 11/13/20 Under Contract -- -- --
11/02/2020 11/02/20 For Rent $1,060 0.0% --
02/13/2020 02/13/20 Rented $1,060 +1.0% --
11/10/2019 11/10/19 For Rent $1,050 0.0% --
09/01/2017 09/01/17 Off Market $612,256 -- --
06/02/2017 06/02/17 Sold $612,256 +236.4% $332 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $182,000 -- $99 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: TB8324870

Stellar MLS