Price Reduced 3.85%

$249,900 ($325.39 per sqft)

Est. Mortgage $1,313/mo *

Quick Pre-Approval

Open House Schedule

06/16/2024
12:00 PM to 2:00 PM
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Price History

$259,900
5/22/2024

$249,900
6/12/2024


2595 Cyprus DRIVE, #4-120, Palm Harbor, FL, 34684

2595 Cyprus DRIVE, #4-120, Palm Harbor, FL, 34684

5 rooms

2 beds

1 Full baths

1996

Mediterranean

768 sqft

INCOME POTENTIAL - This TURNKEY condo located on Lake Tarpon in the community of Lake Tarpon Villas where you have boat access to the Lake plus a heated pool and spa. An investor’s dream!!! AIRBNB AND VRBO allowed. $26K GROSS INCOME in 2023 with an JUST AN annual renter! MORE CAN BE MADE WITH SEASONALS. January - April will rent for $3500+ per month and $2000 in the off-season months. MORE CAN BE MADE WITH WEEKLEY RENTALS. Use it as you like or rent it out when you want. This ground floor corner unit floor unit features 1 bedroom and 1 bathrooms, but has been converted to include an additional bedroom for guests or children on an enclosed lanai. Additionally, there is HUGE SCREENED PATIO 26X8 that opens right onto the boardwalk and canal. It has been recently painted and offers newer vinyl flooring with Brand New Carpet in the master. The kitchen features oven/range, dishwasher, refrigerator, microwave and disposal. The unit is also plummed for a full size washer and dryer. This TURNKEY Condo is being sold FULLY FURNISHED and is ready to go and READY FOR YOU TO START MAKING MONEY!!! One of few communities that allows AIRBNB with few restrictions. DAILY RENTALS ALLOWED. Pets allowed as well. Low monthly HOA of $410 which includes basic cable, internet, sewer/water and trash. It doesn’t get much better than this. Seller last had an annual lease at $2200 per month. Seasonals rentals go for much more!!! There are also boat slips available for rent and/or purchase. Additionally, the roofs were replaced in the entire community a couple of years ago. Minutes from Historic Downtown Tarpon Springs where you can enjoy wonderful Restaurants, Shopping, The First Friday Celebrations and the Greektown Spring Docks. Fred Howard Beach and Sunset Beaches just 6 miles away. Additionally, it has been determined by the FEMA and the County that the community is not IN A FLOOD ZONE. Lake Tarpon's Water Level is Controlled. There is a LOMA Letter; see attachments. HOA Docs, etc are also in the attachments. These units go fast because of the great rental income and low restrictions of the community. Seller would consider a contingency offer!!! #INCOMEPOTENTIAL #WATERFRONTLIVING #SEASONALRENTALS #FLORIDALIVING #RENTALINCOME #PALMHARBORFL #TAMPABAYREALESTATE #DEBOERREALESTATE


Status:

Active

Type:

Condo

Furnished Remarks:

Furnished

Laundry Remarks:

Inside

Complex:

LAKE TARPON VILLAS CONDO

Garage:

Assigned, Boat, Guest

Heating:

Central

Cooling:

Central Air

Levels:

1

Est. Taxes:

$2,629

Condo Fee

410.0000

Construction

Block, Stucco

Utilities

BB/HS Internet Available, Cable Connected

Lot Description:

Corner Lot, Near Golf Course, Near Marina, Near Public Transit

View Description:

Pool, Trees/Woods, Water

Amenities:

Cable TV, Laundry, Pool, Spa/Hot Tub

Elementary School:

Highland Lakes Elementary-PN

Middle School:

Tarpon Springs Middle-PN

High School:

Tarpon Springs High-PN

Days on Market:

23

Elevator:

N

Pet Policy:

Yes

Appliances:

Dishwasher, Disposal, Electric Water Heater, Microwave, Range

Min Lease Term:

1-7 Days

MLS #:

U8242799


Community Info

School Info

Walk Score

Yelp



Listing courtesy of RE/MAX REALTEC GROUP INC Phone: 727-789-5555