1005 Lake Palms Drive, LARGO, FL 33771
Local realty services provided by:ERA Advantage Realty, Inc.



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:264 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$168,000Active2 beds 2 baths840 sq. ft.
1100 E Bay Drive #105, LARGO, FL 33770
MLS# TB8418861Listed by: CENTURY 21 BEGGINS - New$120,000Active2 beds 2 baths888 sq. ft.
10118 N Lake Drive #30, LARGO, FL 33773
MLS# TB8418837Listed by: CENTURY 21 BEGGINS - New$310,000Active3 beds 3 baths1,461 sq. ft.
9235 Jakes Path, LARGO, FL 33771
MLS# TB8415922Listed by: LPT REALTY, LLC. - New$198,000Active2 beds 2 baths1,208 sq. ft.
1100 Belcher Road S #657, LARGO, FL 33771
MLS# TB8418624Listed by: RE/MAX ACTION FIRST OF FLORIDA - New$129,900Active1 beds 1 baths775 sq. ft.
11201 122nd Avenue #172, LARGO, FL 33778
MLS# TB8418420Listed by: REALTY CONCEPTS OF PINELLAS - New$329,000Active3 beds 2 baths1,013 sq. ft.
217 Emerald Lane, LARGO, FL 33771
MLS# TB8416166Listed by: CHARLES RUTENBERG REALTY INC - New$469,990Active3 beds 2 baths1,500 sq. ft.
1650 12th Street Sw, LARGO, FL 33778
MLS# W7877843Listed by: KELLER WILLIAMS REALTY- PALM H - New$524,900Active4 beds 2 baths1,593 sq. ft.
8157 124th Terrace, LARGO, FL 33773
MLS# TB8417883Listed by: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION - New$180,000Active2 beds 2 baths1,344 sq. ft.
129 Royal Palm Circle, LARGO, FL 33778
MLS# TB8418462Listed by: COLDWELL BANKER PICKETT FENCES REALTY - New$309,000Active3 beds 3 baths1,461 sq. ft.
9209 Jakes Path, LARGO, FL 33771
MLS# TB8416470Listed by: CHARLES RUTENBERG REALTY INC