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$435,000
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Property Description
Duplex in excellent condition. Tenants have been there for over 10 years. Tenant in #B says she has been there 28 years. Tenants are on a yearly lease 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.
Full Property Details
Full Property Details for 118 Lake Ave SE
General
- Price: $435,000
- Taxes: $5,696 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8499836
- Updated: 4/22/2026
- Added to Site: 29 day(s) ago
Interior
- Interior Features: Eating Space In Kitchen
- Appliances: Range, Range Hood, Refrigerator
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Exterior
- Exterior Features: Private Entrance, Private Mailbox
- Deck/Patio: Porch
- Porch/Patio/Deck: Porch
Location
- Area: 33771 - Largo
- County: Pinellas
- Development Name: 33771 - Largo
- Subdivision: LAKE PALMS SEC 4
- Driving Directions: Belcher Rd/ West on East Bay Dr/ Left on Fulton/ Right on Lake Ave SE/ House on the right.
Community
- Community Name: 33771 - Largo
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Public, Sewer Connected, Street Lights, Water - Multiple Meters, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,718
- Sq. Ft. Source: Public Records
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,822
- Lot Size: 13822
- Lot Dimensions: 70 x 160
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $5,696.16
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LAKE PALMS SEC 4 LOT 24
- Flood Zone Info: X
- APN: 362915481680000240
- Property ID: 362915481680000240
Listed by Charles Rutenberg Realty Inc
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Schools
Schools serving 118 Lake Ave SE
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Largo High School 410 Missouri Avenue North, Largo, FL 33770 | 9-12 | 1.8 mi |
Southern Oak Elementary School 9101 Walsingham Road, Largo, FL 33773 | PK-5 | 2.4 mi |
Largo Middle School 155 8th Avenue Southeast, Largo, FL 33771 | 6-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Lake Ave SE
Date
Details
Price
Change
Source
4/22/2026
Listed
$435,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 Lake Ave SE
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,863
—
$300,000
2%
2024
$3,863
11%
$295,000
18%
2023
$3,467
20%
$250,000
34%
2021
$2,899
-8%
$186,300
-17%
2022
$3,157
9%
$225,000
50%
2021
$2,899
22%
$150,054
45%
2019
$2,370
7%
$103,320
10%
2018
$2,217
10%
$93,927
-19%
2017
$2,010
6%
$116,319
1%
2016
$1,900
14%
$115,157
26%
2015
$1,672
20%
$91,534
35%
2014
$1,393
11%
$67,562
16%
2013
$1,257
—
$58,321
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 Lake Ave SE
118 Lake Avenue SE, Largo, FL 33771 (MLS# TB8499836) is a Duplex property with 5 bedrooms and 0 full bathrooms. 118 Lake Avenue SE is currently listed for $435,000 and was received on April 22, 2026. Want to learn more about 118 Lake Avenue SE? Do you have questions about finding other Duplex real estate for sale in Largo? You can browse all Largo real estate or contact a Coldwell Banker agent to request more information.

