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1001 Lake Palms Drive

Largo, FL 33771

– beds
– baths
1,846 sqft
8,276 sqft lot
$244 per sqft
1973 build
– on site

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 courtesy of STELLAR_MLS / CENTURY 21 RE CHAMPIONS

Last checked: Checking… • Last updated Dec 11, 2024 •

MLS# TB8324870 —

The Building

Year Built:

1973
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
# of Buildings:

2
Building Area Total:

2010
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Unfurnished
Fireplace:

false

Room Dimensions

Living Area:

1846
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

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.
Latitude:

27.906525
Longitude:

-82.756417
Coordinates:

-82.756417, 27.906525

The Property

Parcel Number:

013015973530000280
Property Type:

Residential Income
Property Subtype:

Duplex
Lot Size Acres:

0.19
Lot Size Area:

8276
Lot Size SqFt:

8276
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RES
View:

false
Exterior Features:

Other
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Gravel
Flood Zone Code:

X
Flood Zone Panel:

12103C0119H
Additional Parcels:

false
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

28
Tax Legal Description:

WHITEGATES SUB LOT 28
Tax Book Number:

71-79
Tax Annual Amount:

4005

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8324870
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Laundry Features:

None

Schools

Elementary School:

Southern Oak Elementary-PN
Middle Or Junior School:

Largo Middle-PN
High School:

Largo High-PN

The Community

Subdivision Name:

WHITEGATES SUB
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Spa:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/27/24 Nov 27, 2024	Listed / Active	STELLAR_MLS	$451,500	-26.3% (-3.5% / YR)
2/13/20 Feb 13, 2020	Sold	STELLAR_MLS
6/2/17 Jun 2, 2017		STELLAR_MLS	$612,256

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This multifamily located in Island in the Sun, Largo, FL 33771 is currently for sale for $451,500. 1001 Lake Palms Drive is a 1,846 square foot multifamily with – beds and – baths that has been on Estately for 25 days. 1001 Lake Palms Drive is in the Island in the Sun neighborhood of Largo and has a WalkScore® of 12, making it car-dependent. This multifamily is in the attendance area of Largo High School, Largo Middle School, and Southern Oak Elementary School.

Listing Courtesy of: STELLAR_MLS and CENTURY 21 RE CHAMPIONS.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.