Lakeside Living at an Unbeatable Price! Spacious Townhouse in Largo’s Somerset Lakes for $255,000!

Welcome to 11988 Lake Allen Dr, a spacious 2-bedroom, 2-bathroom townhouse ideally located in the highly sought-after Somerset Lakes community in Largo, FL. Built in 1998, this expansive 2,006 sqft residence offers comfortable living, modern amenities, and a serene lakefront setting, making it an incredible value for anyone looking for a low-maintenance, active Florida lifestyle.

This charming home offers ample space and desirable features. While specific interior updates for this unit are not explicitly listed, properties in Somerset Lakes often boast features like screened lanais, upstairs balconies, and open floor plans. The community itself provides an exceptional array of resort-style amenities, including a community pool overlooking the lake, hot tub, outdoor fireplace, fitness center, canoes, kayaks, scenic walking trails, a BBQ area, and a private fishing dock. Imagine waking up to tranquil lake views and having endless opportunities for outdoor recreation right at your doorstep!

A significant advantage of this property is its location in a NO FLOOD ZONE, providing peace of mind. The LOW HOA fee, approximately $125/month, is a fantastic benefit as it covers exterior maintenance and painting, along with access to all the community amenities, ensuring a hassle-free lifestyle. This particular unit also features a garage for convenient parking.

The current asking price of $255,000 is significantly below the median sale price for townhouses in Largo (which was $406,440 over the last 12 months) and well below the median for 2-bedroom, 2-bathroom townhouses in the area (with many recent sales ranging from $28,000 up to $529,900, but a quick scan shows 2/2 townhouses often selling in the $200,000-$300,000 range). Automated valuations from major real estate sites for properties on Lake Allen Drive suggest values closer to $355,000 to $400,000 for similar units, indicating strong potential for immediate equity.