$
118 LAKE AVE SE
Largo, Pinellas, FL, 33771
Active$399,000
$232/sqft
5Beds
2Baths
1,718Sq Ft
1973Built
103Days on Market
About this home
Back on the market because financing fell through. Duplex in excellent condition. Tenants in #A have been there for approximately 10 years. Tenant in #B was there for 28 years and has just bought a house. That unit is the 3 bedroom 1 bath and is now vacant. Tenant in #A unit was on a yearly lease which was up in Oct. #A is now on a month to month lease. 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. 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. Pictures of #B were taken before the tenant moved out.
Facts & Features
MLS ID#MFRTB8499836
Price$399,000
StatusActive
Bedrooms5
Bathrooms2
Full BathsN/A
Half BathsN/A
Square Footage1,718 sqft
Acres0.3200
Year Built1973
TypeResidential Income
SubtypeDuplex
StyleN/A
Community Information
Address118 LAKE AVE SE
SubdivisionLake Palms Sec 4
CityLargo
CountyPinellas
StateFL
Zip Code33771
Senior CommunityNo
Amenities
AmenitiesN/A
ParkingN/A
ViewNo
WaterfrontNo
PoolNo
Interior
Interior FeaturesEat-in Kitchen
HeatingCentral, Electric
CoolingCentral Air
FlooringLaminate, Ceramic Tile
FireplaceN/A
StoriesN/A
AppliancesRefrigerator, Range, Range Hood
Exterior
Exterior FeaturesPrivate Mailbox, Private Entrance
ConstructionBlock
FoundationSlab
RoofShingle
FencingN/A
Lot FeaturesN/A
School Information
ElementaryN/A
MiddleN/A
HighN/A
Additional Information
Date ListedApril 22, 2026
Days on Market103
ZoningN/A
Direction FacesN/A
New ConstructionNo
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. CHARLES RUTENBERG REALTY INC is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
103 days on market
Listed by: Renny Bryden · 727-492-9502—CHARLES RUTENBERG REALTY INC · 727-538-9200
Updated from Real Estate Market Data
MLS/IDX data last updated: October 24, 2026 2:03 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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