#TB8324785, Bona Nedelkovska, Listing Office: MAVREALTY
1005 Lake Palms Dr Largo, FL 33771
Property details
About 1005 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
Virtual tour
Summary
- MLS Number: TB8324881
- MLS Name: MFRMLS
- Office Name: CENTURY 21 RE CHAMPIONS
- Office Phone: (727) 398-2774
- Listing Agent: Kathryn Larkin
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Last updated on: 3/14/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$448,900
1005 Lake Palms Dr
$5,331
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 14, 2017 | Home Sold | $154,163 |
May 31, 2005 | Home Sold | $186,700 |
Mar 18, 2004 | Home Sold | $150,000 |
Jul 27, 2001 | Home Sold | $95,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $214,000 | $4,014 |
2022 | $210,000 | $3,764 |
2021 | $187,500 | $3,764 |
2020 | $161,913 | $3,567 |
2019 | $144,476 | $2,956 |
2018 | $131,342 | $2,719 |
2017 | $109,266 | $2,159 |
History based on county public records data.
Nearby schools
8
Frontier Elementary
Public District PK-5
1.2 mi
•6995 Hopedale Ln
6
Fuguitt Elementary
Public District PK-5
1.7 mi
•13010 101st St
9
Walsingham Elementary
Public District PK-5
1.8 mi
•9099 Walsingham Rd
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. Typical income of Largo, FL residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 1005 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: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $448,900.
In February 2025, from all listings sold in Largo, FL there were more than 10 sold above asking price, over 60 sold below and more than 13 were sold right at the asked price. Between January and February 2025, Largo, FL real estate market has seen increase in the number of listings by 8.9%. While the average time on the market in February 2025 was 69 days, the median list price was $364,633.