Duplex at 118 LAKE AVE SE, LARGO
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24 photos

$399,000

118 LAKE AVE SE
LARGO, FL 33771
Listed by Renny Bryden · CHARLES RUTENBERG REALTY INC
Bedrooms
5
Bathrooms
N/A
Living area
1,718 sqft
Year built
1973

About this home

Back on the market because financing fell through. Duplex in excellent condition. Tenants have been there for approximately 10 years. Tenant in #B was there for 28 years and has just bought a house. Tenant in #A unit is on a yearly lease which is up in Oct with an early termination clause that requires 30 days written notice and a $300 relocation payment, plus additional details. Terrific tenants who would like to stay. Separate water meters, separate electric meters, separate water heaters, separate HVAC, separate washer & dryer hookups. Huge Lot approximately 70X203 - Tenants mow the lawn. Plenty of parking. Freshly painted one story block building with tile floors. 4 Point inspections were done April 24/2024 and are attached in the MLS. Please keep in mind that these are long term tenants and are on discounted rents The rents could easily be raised by $200/Month per unit to market rates or $400 total, for an additional $4800 per year.

Property details

MLS #
MFRTB8499836
Property type
Duplex
Subdivision
LAKE PALMS SEC 4
Status
Active
Days on market
78
On market date
April 22, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.32 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
BELCHER ELEMENTARY SCHOOL
1.23 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
554
Student:teacher ratio
12.9:1
District
PINELLAS
Middle
LARGO MIDDLE SCHOOL
1.78 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
890
Student:teacher ratio
17.5:1
District
PINELLAS
High
PINELLAS GULF COAST ACADEMY
1.19 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
223
Student:teacher ratio
20.3:1
District
PINELLAS

Walkability

Blended score for LARGO's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks4
Schools3
Transit stops20
Pharmacies8

Market position

How this listing compares to current activity in LARGO, from live MLS data.

On the market 78 days -- 20 fewer days than LARGO's current average of 98 days.
For reference, the median list price across 710 active listings in LARGO right now is $219,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,553/mo
$79,800 down
$319,200 loan
Principal & interest$2,070
Property tax (est.)$333
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 22 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.