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1005 Lake Palms Dr 2 Unit Apartment Building $451,250 ($225,625/Unit) Largo, FL 33771



EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $451,250 | Lot Size | 0.19 AC |
| Price Per Unit | $225,625 | Building Size | 1,846 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1973 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | RM - Residential Multi family | ||
| Price | $451,250 |
| Price Per Unit | $225,625 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 1,846 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1973 |
| Opportunity Zone |
Yes |
| Zoning | RM - Residential Multi family |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+1 | 1 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 01-30-15-97353-000-0270 | Improvements Assessment | $147,991 |
| Land Assessment | $117,009 | Total Assessment | $265,000 |
PROPERTY TAXES
Parcel Number
01-30-15-97353-000-0270
Land Assessment
$117,009
Improvements Assessment
$147,991
Total Assessment
$265,000
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1005 Lake Palms Dr
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