1005 LAKE PALMS DRIVE, LARGO, FL, 33771
Active619 days on marketListed Nov 27, 2024MLS #TB8324881
About this home
1005 LAKE PALMS DRIVE
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 property in a quiet, established neighborhood. Property Features: Roof replaced in 2024. 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: 1 unit has 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! TB8487678, TB8324881, TB8487667. Seller is willing to work out a deal for all 3 or 2 of these duplexes.
Facts & features
The home at a glance
5
Bedrooms
1,846
Sqft
0.19 ac
Lot size
1973
Year built
$235
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,241 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,241/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Largo actives
$235 vs $238
Days on market
619 vs 52 typical
Where $235/sqft sits among the 400 Largo actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Largo
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Largo. See the full Largo guide →
LARGO 33771 — neighborhood snapshot
Population
27,908
Median age
51.8
Median income
$60,139
Median home value
$145,600
Avg household
2.05
Households w/ children
2,059
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Largo market
$340K → $326K
Largo median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
210 of 400
Largo actives have cut their price
Median sold price, Largo, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 97% above the LARGO 33771 median. See the full Largo market guide →
Paper trail
This home's history
Reality check
What actually sold near 1005 LAKE PALMS DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$515,000
1012 IRENE AVENUE
4 bd · 2 ba · 1,846 sqft · $279/sqft · 198 DOM
Sold · Apr ’26$361,000
1050 STARKEY ROAD UNIT 2201
4 bd · 3.5 ba · 1,834 sqft · $197/sqft · 188 DOM
Sold · Mar ’26$375,000
1050 STARKEY ROAD UNIT 601
4 bd · 3.5 ba · 1,834 sqft · $204/sqft · 76 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Nicholas Giaccone
Director of Agent Success · CENTURY 21 Edge
Tours, negotiation, and every question about 1005 LAKE PALMS DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1005 LAKE PALMS DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Nicholas's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1005 LAKE PALMS DRIVE FAQs
What would the monthly payment be for 1005 LAKE PALMS DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,241/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1005 LAKE PALMS DRIVE?+
The most recent tax bill on record (2023) was $4,015. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1005 LAKE PALMS DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Largo?+
At $434,000, this home is listed about 45% above the Largo median of $299,999. The market section on this page shows how the area is trending.
Which schools are assigned to 1005 LAKE PALMS DRIVE?+
Largo Middle School (middle), Southern Oak Elementary School (elementary), Largo High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$434,000 runs 97% above the LARGO 33771 median — but at 1,846 sqft it's also 49% larger than the typical Largo listing.
02Time on market is leverage
619 days on market against a Largo median of 52 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Largo Middle School, Southern Oak Elementary School, Largo High School — Southern Oak Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $451,500, now $434,000 — a $18K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 RE CHAMPIONS · Kathryn Larkin. MLS #TB8324881.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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