Property
ActiveResidential
1/11
$449,000

1005 LAKE PALMS DRIVE

Largo, FL 33771
5
Beds
2
Baths
1,846
SqFt
0.19
Acres
STELLAR
#TB8324881
Updated: Jun 5, 2026, 1:38pm

Property Description

Income-Generating Duplex for Sale in Desirable Largo, FL
Investors, take note!
Seller is willing to contribute toward 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! The seller is motivated!!
TB8487678, TB8324881, TB8487667. Seller is willing to work out a deal for all 3 or 2 of these duplexes.
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Property Details

Interior
Cooling
Central Air
Heating
Central
Interior Features
Other
Laundry Features
InsideWasher Hookup
Living Area
1846
Construction
Building Area Units
Square Feet
Construction Materials
BlockOther
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
2
Property Condition
Completed
Roof
Shingle
Year Built
1973
Site & Exterior
Exterior Features
Other
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.19
Lot Size Area
8276
Lot Size Square Feet
8276
Lot Size Units
Square Feet
Public Survey Range
15
Public Survey Section
01
Road Responsibility
Public Maintained Road
Road Surface Type
AsphaltGravel
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableSewer ConnectedWater Connected
Water Source
Public
Zoning
RES
Financials
Calculated List Price By Calculated Sq Ft
243.23
Contract Status Change Date
2024-11-27
Current Price
449000
Feed Types
BBO
Lease Considered
Yes
Ownership
Fee Simple
Parcel Number
013015973530000270
Public Survey Township
30
Tax Annual Amount
4015
Tax Block
000
Tax Book Number
71-79
Tax Legal Description
WHITEGATES SUB LOT 27
Tax Lot
27
Tax Year
2023

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33771 - Largo
Pets Allowed
Yes
Subdivision Name
WHITEGATES SUB
Schools
Ratings
Elementary
Southern Oak Elementary-PN
Middle
Largo Middle-PN
High
Largo High-PN
Listing provided courtesy of STELLAR via IDX. Updated: Jun 5, 2026, 1:38pm.
Kathryn Larkin

Listing Agent

CENTURY 21 RE CHAMPIONS

Call Agent