1005 Lake Palms Drive, LARGO, FL 33771
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty



Listed by:kathryn larkin
Office:century 21 re champions
MLS#:TB8324881
Source:MFRMLS
Price summary
- Price:$475,000
- Price per sq. ft.:$257.31
About this home
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. 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. 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. 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 4 units for sale by the owner: 914, 926, 1001, and 1005 Lake Palms! Seller would prefer to sell all of her duplexes as a package: TB8324930, TB8324881, TB8324870, TB8324856, TB8324819
Contact an agent
Home facts
- Year built:1973
- Listing Id #:TB8324881
- Added:260 day(s) ago
- Updated:August 14, 2025 at 11:52 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Living area:1,846 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1973
- Building area:1,846 sq. ft.
- Lot area:0.19 Acres
Schools
- High school:Largo High-PN
- Middle school:Largo Middle-PN
- Elementary school:Southern Oak Elementary-PN
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$257.31
- Tax amount:$4,015 (2023)
New listings near 1005 Lake Palms Drive
- New$359,900Active3 beds 2 baths888 sq. ft.
12828 103rd Way, LARGO, FL 33773
MLS# TB8414830Listed by: RE/MAX ELITE REALTY - New$749,900Active3 beds 2 baths2,033 sq. ft.
11622 Tradewinds Boulevard, LARGO, FL 33773
MLS# TB8417660Listed by: JACK KELLER INC - New$169,900Active2 beds 2 baths880 sq. ft.
14130 Rosemary Lane #4304, LARGO, FL 33774
MLS# TB8412072Listed by: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION - New$469,900Active2 beds 2 baths1,273 sq. ft.
1861 Harmony Drive, CLEARWATER, FL 33756
MLS# TB8414716Listed by: COMPASS FLORIDA LLC - New$289,000Active2 beds 2 baths1,210 sq. ft.
12200 Vonn Road #2C, LARGO, FL 33774
MLS# TB8417259Listed by: RE/MAX ACTION FIRST OF FLORIDA - New$475,000Active3 beds 2 baths1,672 sq. ft.
12524 Cross Street, LARGO, FL 33773
MLS# TB8412046Listed by: COLDWELL BANKER REALTY - New$474,900Active3 beds 2 baths1,303 sq. ft.
1875 Harmony Drive, CLEARWATER, FL 33756
MLS# TB8414719Listed by: COMPASS FLORIDA LLC - Open Sat, 12 to 2pmNew$320,000Active2 beds 2 baths1,137 sq. ft.
11722 Currie Lane #C3, LARGO, FL 33774
MLS# TB8417432Listed by: REAL BROKER, LLC - New$229,000Active2 beds 2 baths912 sq. ft.
12900 Vonn Road #E203, LARGO, FL 33774
MLS# TB8416636Listed by: ENGEL & VOLKERS BELLEAIR - New$240,000Active2 beds 2 baths1,278 sq. ft.
68 Country Club Drive, LARGO, FL 33771
MLS# TB8415572Listed by: COLDWELL BANKER REALTY