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1005 Lake Palms Dr 2 Unit Apartment Building $614,228 CAD ($307,114 CAD/Unit) Largo, FL 33771
Investment Highlights
- Both 2BR/1BA units are leased with dependable long-term tenants, providing immediate and stable rental income.
- Situated in a quiet, established neighborhood close to major roads, shopping, dining, schools, and just minutes from Gulf beaches.
- Dedicated parking for each unit with additional guest parking available.
- Updated flooring, fresh paint, and functional kitchens make both units move-in ready and easy to manage.
- Long-term tenancy minimizes turnover, offering a hands-off, income-producing addition to any portfolio.
- Large shared backyard provides outdoor space for tenant enjoyment and added rental appeal.
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 | $614,228 CAD | Lot Size | 0.19 AC |
| Price Per Unit | $307,114 CAD | 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 | $614,228 CAD |
| Price Per Unit | $307,114 CAD |
| 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 | $273,989 CAD |
| Land Assessment | $147,974 CAD | Total Assessment | $421,963 CAD |
Property Taxes
Parcel Number
01-30-15-97353-000-0270
Land Assessment
$147,974 CAD
Improvements Assessment
$273,989 CAD
Total Assessment
$421,963 CAD
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1005 Lake Palms Dr
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