Video tour
$5,343 Closing Credit¹
#TB8324881, Kathryn Larkin, Listing Office: CENTURY 21 RE CHAMPIONS
$5,343
closing credit¹
1001 Lake Palms Dr Largo, FL 33771
$449,900 List price
$5,343
Closing credit¹
0 beds
1,846 sqft
0.2 acres
$244 / sqft
Multi-Family
Property details
About 1001 Lake Palms Dr
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
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,846 sqft
Lot size0.19 Acres
Year built1973
MLS #TB8324870
Virtual tour
Summary
- MLS Number: TB8324870
- MLS Name: MFRMLS
- Office Name: CENTURY 21 RE CHAMPIONS
- Office Phone: (727) 398-2774
- Listing Agent: Kathryn Larkin
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 3:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,900
1001 Lake Palms Dr
$5,343
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 14, 2017 | Home Sold | $154,063 |
| Jun 02, 2005 | Home Sold | $186,700 |
| Apr 29, 2003 | Home Sold | $133,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $214,000 | $4,005 |
| 2022 | $210,000 | $3,755 |
| 2021 | $187,200 | $3,755 |
| 2020 | $161,760 | $3,556 |
| 2019 | $143,956 | $2,946 |
| 2018 | $130,869 | $2,709 |
| 2017 | $108,780 | $2,155 |
History based on county public records data.
Nearby schools
7
Frontier Elementary
Public District PK-5
1.2 mi
•6995 Hopedale Ln
7
Fuguitt Elementary
Public District PK-5
1.8 mi
•13010 101st St
6
Belcher Elementary
Public District PK-5
1.8 mi
•2215 Lancaster Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,882. Most Largo, FL residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
55%
<35k
42%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
6%
Single, with Kids
40%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
12%
18-34 yrs old
30%
35-64 yrs old
51%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Horse Races
Figure Skating
Where do the neighbors shop?
Chico's
Stein Mart
Big Lots
Where do the neighbors go to eat?
Cracker Barrel
Bonefish Grill
LongHorn Steakhouse
What do the neighbors drive?
Buick
Lincoln
Oldsmobile
What do the neighbors listen to?
Soft Adult Contemporary
Classical
Contemporary Inspirational
All data provided by Home Junction and Claritas
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This home is located at 1001 Lake Palms Dr in Largo, FL and zip code 33771 in the Largo Paradise Island neighborhood. This 1,846 square foot home, which was built in 1973, sits on a 0.19 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $449,900.
Over 13 listings were sold over their listed price in January 2025 in Largo, FL. In the same period over 68 listings were sold below the listed price and 17 listings were sold for the listed price. Between December and January 2025, Largo, FL real estate market has seen increase in the number of listings by 5.9%. While the average time on the market in January 2025 was 65 days, the median list price was $359,173.
From Rocket Homes Real Estate and based on county public records data.