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For sale
  • $451,250

    1005 Lake Palms Dr, Largo, FL 33771

    5beds
    2baths
    1,846sqft
    : 
    Duplex, Multi Family
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $244/sqft
    $-- HOA

    What's special

    Well-maintained duplexFresh paintLarge backyardAmple parkingFunctional kitchensUpdated flooringPeaceful residential area
    Income-Generating Duplex for Sale in Desirable Largo, FL Investors, 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.
    464 days
    |
    605
    |
    19
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 19, 2025 at 11:26am

    Listing Provided by:

    Kathryn Larkin 727-709-0378,

    CENTURY 21 RE CHAMPIONS 727-398-2774,

    Tom Steck 727-641-7771,

    CENTURY 21 RE CHAMPIONS

    Source: Stellar MLS,MLS#: TB8324881MLS LogoOriginating MLS: Suncoast Tampa

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside, Washer Hookup
    Features
    • Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,846 sqft
    Video & virtual tour

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: 013015973530000270
    • Zoning: RES
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Other
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: WHITEGATES SUB
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: Largo

    Financial & listing details

    • Price per square foot: $244/sqft
    • Tax assessed value: $265,000
    • Annual tax amount: $4,015
    • Date on market: 11/27/2024
    • Cumulative days on market: 465 days
    • Listing terms: Cash,Conventional,Other
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt, Gravel
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    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,764/mo

    Price history

    Price history
    DateEventPrice
    10/9/2025Price change$451,250-5%$244/sqft
    Source: Stellar MLS #TB8324881 Report a problem
    5/26/2025Price change$475,000+5.8%$257/sqft
    Source: Stellar MLS #TB8324881 Report a problem
    3/12/2025Price change$448,900-0.2%$243/sqft
    Source: Stellar MLS #TB8324881 Report a problem
    1/29/2025Price change$449,900-0.4%$244/sqft
    Source: Stellar MLS #TB8324881 Report a problem
    11/27/2024Listed for sale$451,500+193.1%$245/sqft
    Source: Stellar MLS #TB8324881 Report a problem
    6/14/2017Sold$154,063-78.7%$83/sqft
    Source: Public Record Report a problem
    3/24/2017Price change$725,000+298.4%$393/sqft
    Source: RENTAL MARKETING SOLUTIONS LLC #U7812153 Report a problem
    3/20/2017Listed for sale$182,000-2.5%$99/sqft
    Source: RENTAL MARKETING SOLUTIONS LLC #U7812153 Report a problem
    4/8/2014Listing removed$725
    Source: RENTAL MARKETING SOLUTIONS #U7608464 Report a problem
    1/31/2014Price change$725+1.4%
    Source: RMS Elite Properties Report a problem
    1/15/2013Listed for rent$715
    Source: Rental Marketing Solutions Report a problem
    5/31/2005Sold$186,700+24.5%$101/sqft
    Source: Public Record Report a problem
    3/18/2004Sold$150,000+57.9%$81/sqft
    Source: Public Record Report a problem
    7/27/2001Sold$95,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$4,512 +12.4%$232,681 +10%
    2023$4,015 +6.7%$211,528 +10%
    2022$3,764 +5.5%$192,298 +10%
    2021$3,567 +10.2%$174,816 +10%
    2020$3,238 +9.5%$158,924 +10%
    2019$2,957 $144,476 +10%
    2018$2,957 +8.7%$131,342 +20.2%
    2017$2,719 +35.4%$109,266 +3.1%
    2016$2,009 +8.6%$106,019 +13%
    2015$1,850 +16.1%$93,856 +25.4%
    2014$1,594 +12.9%$74,818 +14.3%
    2013$1,411 -15.5%$65,467 -16.4%
    2012$1,671 $78,356 +1.5%
    2011-- $77,174 -17.5%
    2010-- $93,543 -19.3%
    2009-- $115,961 -17.7%
    2008$2,744 $140,900 -7.9%
    2007-- $153,000 +19.9%
    2005-- $127,600 +8%
    2004$2,596 +36.8%$118,200 +31.3%
    2003$1,897 +36.7%$90,000 +27.1%
    2002$1,388 $70,800 +7.1%
    2001$1,388 +6.3%$66,100 +5.8%
    2000$1,306 $62,500

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,835/mo
    Principal & interest
    $2154
    Property taxes
    $681

      Climate risks

      Neighborhood: 33771

      Getting around

      12 / 100
      Car-Dependent
      26 / 100
      Some Transit
      34 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Southern Oak Elementary-PN
      • Middle: Largo Middle-PN
      • High: Largo High-PN

      Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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