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1005 Lake Palms Dr 2 Unit Apartment Building $621,511 CAD ($310,756 CAD/Unit) Largo, FL 33771

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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 $621,511 CAD
Price Per Unit $310,756 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 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-30-15-97353-000-0270
Land Assessment
$149,729 CAD
Improvements Assessment
$277,237 CAD
Total Assessment
$426,966 CAD
  • Listing ID: 35335666

  • Date on Market: 2025-04-01

  • Last Updated:

  • Address: 1005 Lake Palms Dr, Largo, FL 33771

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