Property
ActiveResidential
1/24
$419,000

118 LAKE AVENUE

Largo, FL 33771
5
Beds
2
Baths
1,718
SqFt
0.32
Acres
STELLAR
#TB8499836
Updated: Jun 3, 2026, 12:23pm

Property Description

Duplex in excellent condition. Tenants have been there for over 10 years. Tenant in #B says she has been there 28 years. Tenants are on a yearly lease with an early termination clause that requires 30 days written notice and a $300 relocation payment, plus additional details. Terrific tenants who would like to stay. Separate water meters, separate electric meters, separate water heaters, separate HVAC, separate washer & dryer hookups. Huge Lot approximately 70X203 - Tenants mow the lawn. Plenty of parking. Freshly painted one story block building with tile floors. 4 Point inspections were done April 24/2024 and are attached in the MLS. Please keep in mind that these are long term tenants and are on discounted rents The rents could easily be raised by $200/Month per unit to market rates or $400 total, for an additional $4800 per year.
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Included Appliances
RangeRange HoodRefrigerator

Property Details

Interior
Additional Rooms
Inside Utility
Appliances
RangeRange HoodRefrigerator
Building Area Total
2004
Cooling
Central Air
Flooring
Ceramic TileLaminate
Heating
CentralElectric
Interior Features
Eating Space In Kitchen
Laundry Features
Electric Dryer HookupLaundry RoomWasher Hookup
Living Area
1718
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1973
Site & Exterior
Exterior Features
Private EntrancePrivate Mailbox
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.32
Lot Size Area
13822
Lot Size Dimensions
70 x 160
Lot Size Square Feet
13822
Lot Size Units
Square Feet
Number Of Separate Electric Meters
2
Number Of Separate Water Meters
2
Patio And Porch Features
Porch
Public Survey Range
15
Public Survey Section
36
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Electricity ConnectedPublicSewer ConnectedStreet LightsWater - Multiple MetersWater Connected
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
243.89
Contract Status Change Date
2026-04-22
Current Price
419000
Feed Types
BBO
Owner Name
118 LAKE AVE LLC
Ownership
Fee Simple
Parcel Number
362915481680000240
Public Survey Township
29
Tax Annual Amount
5696.16
Tax Block
000
Tax Book Number
31-46
Tax Legal Description
LAKE PALMS SEC 4 LOT 24
Tax Lot
24
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33771 - Largo
Pets Allowed
Cats OKDogs OK
Subdivision Name
LAKE PALMS SEC 4
Listing provided courtesy of STELLAR via IDX. Updated: Jun 3, 2026, 12:23pm.
Renny Bryden

Listing Agent

CHARLES RUTENBERG REALTY INC

Call Agent