$451,500
1005 Lake Palms Drive Largo, FL 33771
For Sale MLS# TB8324881
5 beds 2 baths 1,846 sq ft Multi-family
Details for 1005 Lake Palms Drive
MLS# TB8324881
Description for 1005 Lake Palms Drive, Largo, FL, 33771
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
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 5
Bathrooms: 2
Lot Size: 0.19 Acres
Square Feet: 1,846 sq ft
Year Built: 1973
Construction: Block,Other
Construction Display: New Construction
Subdivision: Whitegates Sub
Foundation: Slab
Number Of Units Total: 2
County: Pinellas
Construction Status: New Construction
School Information
Elementary: Southern Oak Elementary-Pn
Middle: Largo Middle-Pn
High: Largo High-Pn
Additonal Room Information
Laundry: Inside, Washer Hookup
Interior Features
Additional Interior Features: Other
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Sewer Connected,Water Connected
Cooling: Central Air
Heating: Central
Exterior / Lot Features
Roof: Shingle
Additional Exterior/Lot Features: Other
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1800
Unit 1 Baths Total: 1
Unit 1 Beds Total: 3
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1565
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Driving Directions
From the intersection of East Bay Drive and Fulton St., right on Fulton to right on Lake Ave., S. E. Follow Lake around to the south, where it becomes Lake Palms Drive. Continue on Lake Palms to address on left.
Financial Considerations
Terms: Cash,Conventional,Other
Tax/Property ID: 01-30-15-97353-000-0270
Tax Amount: 4015
Tax Year: 2023
Price Changes
| Date | Price | Change |
|---|---|---|
| 11/27/2024 09.45 AM | $451,500 |
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Sales History & Tax Summary for 1005 Lake Palms Drive
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1005 Lake Palms Drive
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Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
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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