1005 LAKE PALMS DRIVE,LARGO,Pinellas,Residential Income

$ 451,500
1005 LAKE PALMS DRIVE, ,
Active

Overview

  • Updated On:
  • December 30, 2024
  • 5 Bedrooms
  • 2 Bathrooms
  • 1,846 ft2

Description

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

Address: 1005 LAKE PALMS DRIVE
City:
State/County:
Zip: 33771
Country: US

Property Id: 270825
Price: $ 451,500
Property Size: 1,846 ft2
Property Lot Size: 0 ft2
Bedrooms: 5
Bathrooms: 2
Bridge Modification Timestamp: 2024-12-29T23:37:22.975Z
CoListAgentFullName: Tom Steck
CoListAgentMlsId: 260032441
Co List Office Mls Id: 283503541
Co List Office Name: CENTURY 21 RE CHAMPIONS
Construction Materials: Block,Other
Contract Status Change Date: 2024-11-27
Cooling: Central Air
Cumulative Days On Market: 32
Days On Market: 32
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.
ElementarySchool: Southern Oak Elementary-PN
FoundationDetails: Slab
Heating: Central
HighSchool: Largo High-PN
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Inside,Washer Hookup
LeaseConsideredYN: 1
ListAOR: Pinellas Suncoast
ListAgentAOR: Pinellas Suncoast
ListAgentEmail: [email protected]
ListAgentFullName: Kathryn Larkin
ListAgentKey: 4c4a855eb2e4c0036b05c310ab80f890
ListAgentMlsId: 283550660
ListAgentPreferredPhone: 727-709-0378
ListOfficeKey: c3e458ab2f1bf24c4b52669b88530c5f
ListOfficeMlsId: 283503541
ListOfficeName: CENTURY 21 RE CHAMPIONS
ListOfficePhone: 727-398-2774
ListingContractDate: 2024-11-27
ListingId: TB8324881
ListingKeyNumeric: 741799800
ListingTerms: Cash,Conventional,Other
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 8276
LotSizeSquareFeet: 8276
LotSizeUnits: Square Feet
MLSAreaMajor: 33771 - Largo
MiddleOrJuniorSchool: Largo Middle-PN
MlsStatus: Active
ModificationTimestamp: 2024-12-29T23:34:46.563Z
NumberOfBuildings: 2
NumberOfUnitsTotal: 2
OnMarketDate: 2024-11-27
OriginalEntryTimestamp: 2024-11-27T15:40:08.160Z
OriginalListPrice: 451500
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 013015973530000270
PetsAllowed: Yes
PhotosChangeTimestamp: 2024-11-27T15:47:48.943Z
PhotosCount: 11
PostalCodePlus4: 3239
PropertyCondition: Completed
RoadSurfaceType: Asphalt,Gravel
Roof: Shingle
STELLAR_AlternateKeyFolioNum: 30-15-01-97353-000-0270
STELLAR_AnnualNetIncome: 37015
STELLAR_CalculatedListPriceByCalculatedSqFt: 244.58
STELLAR_CensusTract: 254.17
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 451500
STELLAR_DPRURL: https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8324881?w=Agent&skip_sso=true
STELLAR_DPRURL2: https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8324881?w=Customer
STELLAR_DPRYN: 1
STELLAR_FloodZoneCode: X
STELLAR_FloodZoneDate: 2021-08-24
STELLAR_FloodZonePanel: 12103C0119H
STELLAR_ListOfficeContactPreferred: 727-398-2774
STELLAR_ListOfficeHeadOfficeKeyNumeric: 1048073
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: New Listing
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Facebook Marketplace,Realtor.com,SkySlope Offers

Other Features
Has Cooling System
Has Heating System
Other

$ 2,314.93
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,750.55

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