118 Lake Avenue SE Largo, FL 33771
For Sale MLS# TB8499836
5 beds 2 baths 1,718 sq ft Multi-family
Details for 118 Lake Avenue SE
MLS# TB8499836
Description for 118 Lake Avenue SE, Largo, FL, 33771
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.
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 5
Bathrooms: 2
Lot Size: 0.32 Acres
Square Feet: 1,718 sq ft
Year Built: 1973
Stories: 1 Story
Construction: Block
Subdivision: Lake Palms Sec 4
Foundation: Slab
County: Pinellas
Additonal Room Information
Laundry: Laundry Room, Washer Hookup, Electric Dryer Hookup
Interior Features
Appliances: Range, Refrigerator, Range Hood
Flooring: Ceramic Tile,Laminate
Additional Interior Features: Eat-In Kitchen
Utilities
Water: Public, Multiple Meters
Sewer: Public Sewer
Other Utilities: Electricity Connected,Municipal Utilities,Sewer Connected,Water Connected
Cooling: Central Air
Heating: Central, Electric
Exterior / Lot Features
Roof: Shingle
Lot Dimensions: 70x160
Additional Exterior/Lot Features: Private Entrance, Porch
Community Features
Community Features: Street Lights
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1695
Unit 1 Baths Total: 1
Unit 1 Beds Total: 3
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1295
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Driving Directions
Belcher Rd/ West on East Bay Dr/ Left on Fulton/ Right on Lake Ave SE/ House on the right.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tenant Pays: Electricity,Sewer,Trash Collection,Water
Tax/Property ID: 36-29-15-48168-000-0240
Tax Amount: 5696.16
Tax Year: 2025
A broker reciprocity listing courtesy: CHARLES RUTENBERG REALTY INC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 118 Lake Avenue SE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 118 Lake Avenue SE
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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