1001 Lake Palms Drive
Description
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....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
- Listed by Kathryn Larkin • CENTURY 21 RE CHAMPIONSP: (727)-709-0378 C: (727)-709-0378 tomkatrealty@gmail.com
- Listed by Tom Steck • CENTURY 21 RE CHAMPIONSP: (727)-641-7771 C: (727)-641-7771 tomkatrealty@gmail.com
Property Details for 1001 Lake Palms Drive
Property Details for 1001 Lake Palms Drive
| Status | Active |
|---|---|
| MLS # | TB8324870 |
| Days on Market | 95 |
| Taxes | $4,005 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Duplex |
| Year Built | 1973 |
| Lot Size | 0.19 AC / 8,276 SF |
| County | Pinellas County |
Building Information for 1001 Lake Palms Drive
Property Information for 1001 Lake Palms Drive
- Building Area Source: Public Records
- Building Area Total: 2010.0
- Building Area Units: Square Feet
- 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.
- Elementary School: Southern Oak Elementary-PN
- Middle Or Junior School: Largo Middle-PN
- High School: Largo High-PN
- Mls Major Change Type: Price Decrease
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 1001
- Street Name: Lake Palms
- Street Suffix: DRIVE
- State: FL
- City: LARGO
- Carport: No
- Garage: No
- Association: No
- CDD: No
- Tax Block: 000
- Tax Book Number: 71-79
- Tax Legal Description: WHITEGATES SUB LOT 28
- Tax Lot: 28
- Tax Year: 2023
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/TB8324870
- Additional Parcels: No
- Parcel Number: 013015973530000280
- Total Acreage: 0 to less than 1/4
- Total Num Buildings: 2
- Water Access: No
- Water Extras: No
- Zoning: RES
- Living Area: 1846
- Year Built Numeric: 1973
- Flood Zone Code: X
- Flood Zone Date: 08-24-2021
- Flood Zone Panel: 12103C0119H
- Homestead: No
- New Construction: No
- Public Survey Range: 15
- Public Survey Section: 01
- Dock YN: No
- Sewer: Public Sewer
- Utilities: Cable Available, Sewer Connected, Water Connected
- Water Source: Public
- Construction Materials: Block, Other
- Exterior Features: Other
- Foundation Details: Slab
- Levels: One
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Spa: No
- Waterfront Feet Total: 0
- Bedrooms Total: 0
- Cooling: Central Air
- Fireplace: No
- Heating: Central
- Interior Features: Ceiling Fan(s)
- Laundry Features: None
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
- Annual Net Income: $36,450.00
- Unit Count: 2
- Tenant Pays: Electricity, Sewer, Trash Collection
- Pets Allowed: Yes
Property History for 1001 Lake Palms Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1001 Lake Palms Drive
Schools near 1001 Lake Palms Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 3 |
Rating | School | Distance |
|---|---|---|
Southern Oak Elementary School PublicPK to 5 | ||
Largo Middle School Public6 to 8 | ||
Largo High School Public9 to 12 | ||
Pinellas Primary Academy CharterK to 3 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of CENTURY 21 RE CHAMPIONS, Kathryn Larkin; CENTURY 21 RE CHAMPIONS, Tom Steck
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/12/2025 01:10 PM
