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About this home
906/908 Lake Palms Dr is a 1973-built home in Whitegates Sub, Largo. Inside you'll find 5 bedrooms, 2 bathrooms, and 1,846 square feet of living space. Listed at $425,000 (about $230/sqft), 65 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Welcome to this fantastic investment opportunity in the heart of Largo. Nestled into the established and quiet Whitegates subdivision, this duplex offers a rare chance for savvy investors or those seeking a multi-generational living arrangement in a prime Pinellas County location.This well-maintained property features two spacious units: a 3-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit, providing a total of 1,846 heated square feet of versatile living space. Inside, you will find easy-to-maintain tile and luxury vinyl flooring throughout, along with ceiling fans and the added convenience of indoor laundry rooms in both units. Have peace of mind knowing major updates have already been handled, including a new roof installed in February 2026. The exterior boasts durable block construction and a large, fully fenced backyard, offering a private outdoor retreat for tenants. While there is no garage, the property is perfectly suited for residents with four+ dedicated parking spots available. For the investor, this property presents incredible upside potential. Current rents are below market value due to special agreements with the owner, providing a clear path to increase revenue to market standards. Location is everything, and this property is perfectly situated near local parks, great shopping, and diverse dining options in Largo. You are just a short drive from the world-renowned Gulf beaches and all the vibrant amenities of the St. Pete-Clearwater area. This income property provides the quality and charm you have been looking for to enhance your portfolio. Come see for yourself and enjoy this Largo gem!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$425,000
$230 per sq ft
Beds and baths
5 beds, 2 baths
Size
1,846 sq ft
Time on market
65 days
Year built
1973
Monthly payment
About $2,777/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,170 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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