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Gelfand Realty Miami Properties - Multi Family

1001 LK PALMS, LARGO, FL 33771

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Multi Family - WHITEGATES SUB

1001 LK PALMS, LARGO, FL 33771

Date Sold 06-02-2017

Sold Price$612,256 Asking Price$725,000

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  • Days on market:

    4 day(s)

  • Original Price:

    $182,000

  • Price per sqft:

    $392.74

  • Tax Legal Description:

    WHITEGATES SUB LOT 28

  • Tax Year:

    2016

  • Property Type:

    Multi Family

  • Parking:

    None

  • Lease Term Remaining:

    24 Months

  • Construction Type:

    BrickBlock

  • Roof:

    Shingle

  • Cooling Description:

    Central Air

  • Heating Description:

    ElectricCentral

  • Floor Description:

    CarpetCeramic Tile

  • Exterior Features:

    Fenced

  • Equipment/Appliances:

    Refrigerator Range

  • Special Listing Conditions:

    None

  • Lot Features:

    Cul-De-Sac In County Level Street Dead-End

Description

$725,000 • living size area 1846 sqft

This unit is to be sold as part of a package of 4 duplexes that also includes 914 lake palms (u7812128), 926 lake palms (u7812129) and 1005 lake palms dr (u7812153). total package price $725,000. well-maintained and clean block-construction duplex on quiet, cul-de-sac street in largo. large, fenced back yards and inside utility rooms with washer-dryer hook-ups. all are tenant occupied in annual leases. individually metered water and electric. exterior painted in 2011. legitimate books show 2017 9.5% cap rate. front 2/1 unit had a new electric range installed in 2016. this cost is not reflected in the annual net income. all units sold as is.

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