2571 Cyprus DRIVE 1-202, Palm Harbor, FL 34684

$254,900 Asking Price

2 beds
2 baths
975  sqft
Built in 1996

This TURNKEY condo with RENTAL INCOME located on Lake Tarpon in the community of Lake Tarpon Villas where you have boat access to the Lake plus a pool and heated spa. An investor’s dream!!! $37K GROSS INCOME in 2023 and on track for 2024! SEASONAL TENANTS ALREADY LINED UP (IF YOU LIKE). Use it as you like or rent it out when you want. This updated 2nd floor unit features 2 bedrooms and 2 bathrooms and includes a balcony off the master bedroom and a lanai overlooking the canal. There are 2 new hurricane rated sliding glass doors. It has been recently painted and COMES fully stocked with bedding, dishes, etc. It is being sold FULLY FURNISHED and is stocked and ready to go and READY FOR YOU TO START MAKING MONEY!!! One of few communities that allows AIRBNB with few restrictions. WEEKLY RENTALS ALLOWED. Pets allowed as well. Low monthly HOA of $450 which includes basic cable, internet, sewer/water and trash. It doesn’t get much better than this. Income Details in the attachments. Seller can provide contacts for recurring, seasonal tenants as well. The unit does not come with a washer/dryer, but can be added by new buyer. Community Laundry Center down by pool. 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. HURRY! THIS WON'T LAST LONG!!! Submit offers by Sunday 5pm. Additionally, it has been determined by the FEMA and the County that the community is not IN A FLOOD ZONE. We have a LOMA Letter; see attachments. AND THE BEST PART, COMMUNITY WAS NOT AFFECTED BY THE RECENT STORMS. Lake Tarpon is a controlled water basin. #rentalincome #realestateincome #makemoney #tampabay #deboerrealestate #floridarealestate #tampabayrealestate

Features & Amenities

Interior

General:
Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Window Treatments
Rooms:
Family Room
Appliances:
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Laundry:
Common Area
Flooring:
Carpet, Tile
A/C:
true, Central Air
Heating:
true, Central, Electric

Exterior

General:
Balcony, Sliding Doors, Heated
Style:
Mediterranean

Construction

Roofing:
Tile
Windows:
Blinds
General:
Block, Stucco, One, Slab

Location

Road/Access:
Street Dead-End, Street Paved
HOA Amenities:
Cable TV, Laundry, Other, Pool, Spa/Hot Tub, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
Originating MLS:
Stellar MLS
County:
Pinellas

Lot

Zoning:
LAKE TARPON VILLAS CONDO BLDG 1, UNIT 202 AKA UNIT 1-202, 302716488320012020
View:
Water

Utilities

Utilities:
Cable Connected, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
RE/MAX REALTEC GROUP INC, Lyn DeBoer

About Palm Harbor, FL

Housing

Number of Units
38,331
Median Home Value
$285,681
Median Rent
$1,272

25.36% of housing units are renter occupied.

10.09% are vacant.

Commute

Car
57.24%
Public Transportation
0.11%
Walk to Work
0.38%
Work from Home
41.34%
Other
0.53%

The median travel time to work is 18 minutes.

People

Population
77,156
Median Age
49.90
Median Household Size
2.48

Education

High School
25.19%
Associate’s Degree
11.14%
Bachelor’s Degree
24.82%
Graduate Degree
12.63%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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