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.
For sale
$451,250
1005 Lake Palms Dr, Largo, FL 33771
5beds
2baths
1,846sqft
Est.:
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
- 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#: TB8324881
Originating 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
Estimated market value
Not available
Estimated sales range
Not available
$1,764/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2025 | Price change | $451,250-5%$244/sqft |
Source: | ||
| 5/26/2025 | Price change | $475,000+5.8%$257/sqft |
Source: | ||
| 3/12/2025 | Price change | $448,900-0.2%$243/sqft |
Source: | ||
| 1/29/2025 | Price change | $449,900-0.4%$244/sqft |
Source: | ||
| 11/27/2024 | Listed for sale | $451,500+193.1%$245/sqft |
Source: | ||
| 6/14/2017 | Sold | $154,063-78.7%$83/sqft |
Source: Public Record Report a problem | ||
| 3/24/2017 | Price change | $725,000+298.4%$393/sqft |
Source: RENTAL MARKETING SOLUTIONS LLC #U7812153 Report a problem | ||
| 3/20/2017 | Listed for sale | $182,000-2.5%$99/sqft |
Source: RENTAL MARKETING SOLUTIONS LLC #U7812153 Report a problem | ||
| 4/8/2014 | Listing removed | $725 |
Source: RENTAL MARKETING SOLUTIONS #U7608464 Report a problem | ||
| 1/31/2014 | Price change | $725+1.4% |
Source: RMS Elite Properties Report a problem | ||
| 1/15/2013 | Listed for rent | $715 |
Source: Rental Marketing Solutions Report a problem | ||
| 5/31/2005 | Sold | $186,700+24.5%$101/sqft |
Source: Public Record Report a problem | ||
| 3/18/2004 | Sold | $150,000+57.9%$81/sqft |
Source: Public Record Report a problem | ||
| 7/27/2001 | Sold | $95,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 6/10Southern Oak Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10Largo Middle SchoolGrades: 6-8Distance: 1.7 mi
- 5/10Largo High SchoolGrades: PK,9-12Distance: 2 mi
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.






