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Sold for $422,300
  • $422,300

    1001 LAKE PALMS DRIVE, LARGO, FL 33771

    5beds
    2baths
    1,846sqft
    Duplex, Multi Family
    Built in 1973
    -- sqft lot
    $419,300 Zestimate®
    $229/sqft
    $1,809 Estimated rent

    Home value

    $419,300

    $382,000 - $461,000

    $1,809/mo

    Zestimate® history
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    $1,809/mo

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    $2,953/mo

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    $2,953/mo

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    What's special

    Fresh paintLarge backyardAmple parkingFunctional kitchensUpdated flooringSpacious outdoors
    Income-Generating Duplex for Sale in Desirable Largo, FL Investors, take note! Seller is willing to contribute up to 5% of 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. Please note: this is one of 2 units for sale by the owner: 1005 Lake Palms! Seller would prefer to sell all of her duplexes as a package: TB8324930, TB8324881, TB8324870

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathryn Larkin 727-709-0378,

    CENTURY 21 RE CHAMPIONS 727-398-2774,

    Tom Steck 727-641-7771,

    CENTURY 21 RE CHAMPIONS

    Bought with:

    Roberto Balderrama, Jr, 3628271

    54 REALTY LLC

    Source: Stellar MLS,MLS#: TB8324870MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: None
    Features
    • Ceiling Fan(s)
    • Has fireplace: No
    Interior area
    • Total structure area: 2,010
    • Total interior livable area: 1,846 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: 013015973530000280
    • Zoning: RES
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Other
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • 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
    • Pet fee: $0 monthly
    • Subdivision: WHITEGATES SUB
    HOA
    • Has HOA: No
    Location
    • Region: Largo

    Financial & listing details

    • Price per square foot: $229/sqft
    • Tax assessed value: $310,000
    • Annual tax amount: $4,005
    • Date on market: 11/27/2024
    • Cumulative days on market: 325 days
    • Listing terms: Cash,Conventional,Other
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Tenant pays: Electricity, Sewer, Trash Collection
    • Road surface type: Gravel

    Price history

    DateEventPrice
    11/26/2025Sold$422,300-6.4%$229/sqft
    Source: Stellar MLS #TB8324870 Report a problem
    10/29/2025Pending sale$451,250$244/sqft
    Source: Stellar MLS #TB8324870 Report a problem
    10/9/2025Price change$451,250-5%$244/sqft
    Source: Stellar MLS #TB8324870 Report a problem
    5/26/2025Price change$475,000+5.8%$257/sqft
    Source: Stellar MLS #TB8324870 Report a problem
    3/12/2025Price change$448,900-0.2%$243/sqft
    Source: Stellar MLS #TB8324870 Report a problem
    3/3/2025Listed for sale$449,900$244/sqft
    Source: Stellar MLS #TB8324870 Report a problem
    2/20/2025Pending sale$449,900$244/sqft
    Source: Stellar MLS #TB8324870 Report a problem
    1/29/2025Price change$449,900-0.4%$244/sqft
    Source: Stellar MLS #TB8324870 Report a problem
    11/27/2024Listed for sale$451,500+193.1%$245/sqft
    Source: Stellar MLS #TB8324870 Report a problem
    11/15/2020Listing removed$1,060$1/sqft
    Source: CORAL REEF REALTY FO TAMPA BAY #U8103376 Report a problem
    11/9/2020Listed for rent$1,060+1%$1/sqft
    Source: CORAL REEF REALTY FO TAMPA BAY #U8103376 Report a problem
    2/15/2020Listing removed$1,050$1/sqft
    Source: CORAL REEF REALTY FO TAMPA BAY #U8065223 Report a problem
    11/11/2019Listed for rent$1,050$1/sqft
    Source: CORAL REEF REALTY FO TAMPA BAY #U8065223 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 #U7812144 Report a problem
    3/20/2017Listed for sale$182,000-2.5%$99/sqft
    Source: RENTAL MARKETING SOLUTIONS LLC #U7812144 Report a problem
    6/2/2005Sold$186,700+40.4%$101/sqft
    Source: Public Record Report a problem
    4/29/2003Sold$133,000$72/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,188 +15.3%$255,028 +10%
    2024$4,501 +12.4%$231,844 +10%
    2023$4,005 +6.6%$210,767 +10%
    2022$3,755 +5.6%$191,606 +10%
    2021$3,557 +10.2%$174,187 +10%
    2020$3,229 +9.6%$158,352 +10%
    2019$2,947 $143,956 +10%
    2018$2,947 +8.8%$130,869 +20.3%
    2017$2,709 +34.9%$108,780 +2.6%
    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

    Neighborhood: 33771

    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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    Estimated market value
    $419,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $419,300