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1005 Lake Palms Drive, Largo, FL 33771

$465,000
  • 1005 Lake Palms Drive, Largo, FL 33771 Main Photo

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Active
BEDS5 BATHS SQUARE FEET1,846 MLS#TB8324881
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWHITEGATES

Property Description

Income-Generating Duplex for Sale in Desirable Largo, FLInvestors, take note! Seller is willing to contribute toward buyer's closing costs. 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.

1005 Lake Palms Drive | MLS# TB8324881

This multi-family property located at 1005 Lake Palms Drive, Largo, FL 33771 is currently listed for sale with an asking price of $465,000. Search Largo real estate on www.adamscameron.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.19 Acres
Roof Type: Shingle
Taxes: $4,015
Year Built: 1973

Amenities

Other
Other

Feature Descriptions

Annual Net Income: 37015.00
Days on Site: 503
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.
Exterior: Block, Other
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot Dimensions: 0.19
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only, Call Listing Agent 2
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RES

Local Schools

High School: Largo High-PN
Middle School: Largo Middle-PN
Elementary School: Southern Oak Elementary-PN

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 RE CHAMPIONS
Agency Contact: 727-398-2774

Shown By

Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-717-3445

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Estimated Payment

$ 2,945.13 per month $2,474.93 Principal & Interest $334.58 Property Tax $135.63 Homeowner's Insurance

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