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2571 CYPRUS DRIVE UNIT 1-201

Condo/Co-op For Sale
$149,900

BTC: 1.80298292

ETH: 56.56603774

-$20K (2026/09/24)
129 days
Waterfront
2 bds
1 ba
675 sqft

Overview

BOAT SLIP INCLUDED! Situated on a fresh water canal leading directly to beautiful Lake Tarpon! This fully furnished 2 bedroom, 1 bath condo is the PERFECT PLACE for a snowbird, investor looking for a airbnb/vrbo rental or just someone looking for a place on the water. Park your boat out back and enjoy the nightly sunsets on the Lake or shoot up to the Tarpon Turtle Restaurant for dinner. Only a select few condo units here have the vaulted ceilings which gives it a more SPACIOUS and AIRY feel. The kitchen features a breakfast bar overlooking the living area. Laminate and tile flooring throughout make for easy maintenance. The 2nd bedroom was converted - was a balcony they enclosed with new windows. There is no closet or AC vent; but the AC cools this room sufficiently even in the hot months, or you could add a split if you prefer. This unit is truly move-in or rent-ready: One of few communities that allows AIRBNB with no restrictions. NO WAIT PERIOD TO START RENTING and WEEKLY OR NIGHTLY RENTALS ALLOWED. The owners rent the condo every January - April for $3k per month. Pets allowed all sizes. Low monthly HOA of $475 which includes basic cable, internet, sewer/water and trash. AC 2019, Water Heater 2024, Roof 2019. No elevator. A washer and dryer can be added. There is space in the hall closet with plumbing to shower. Many owners have added them. There is also a community laundry center down by the pool. Enjoy the sparkling pool and heated hot tub. There is also a community clubhouse with kitchenette. The boatslip to this unit is labeled 1-201 and can be seen directly off the balcony. Boat can be put in at Anderson Park up the street. 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. THE COMMUNITY WAS NOT FLOODED BY THE RECENT HURRICANES. The water level of the lake is controlled by the county, so when a storm is coming they let the water out. There's even plenty of room in the back parking lot for boat trailer storage and there's also a boat/car wash area. Also, just minutes from the World Renowned Innisbrook Golf Courses. You can rent your place for VALSPAR now scheduled for May 2027.

Location

Details

Type:
Residential
Parking:
Assigned / Guest
Year Built:
1996
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$222
Cooling:
Central Air
HOA:
$475

Valuation

Our model vs. what's actually selling nearby.
Estimate
$158,900
$120K – $219K
Confidence Low
List vs. estimate
$9K below estimate
List $149,900 · -5.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$222
+4.4% vs. city median $212
Based on
26 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,944
2025
HOA
$475/mo
Cable TV, Community Pool, Escrow Reserves Fund
View
Water
Waterfront
Canal Front, Lake
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Laminate

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • Assigned

    • Guest

    Property

    • Levels: One

    • Exterior Features: Balcony / Sidewalk / Sliding Doors

    Other Property Information

    • Parcel Number: 302716488320012010

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

  • Other financial information

    • HOA: $475

    • HOA Frequency: Monthly

    • Annual tax amount: $2,944

  • Source details

    • MLS ID: TB8509000

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Common Area / Laundry Room

    • Lot Features: Landscaped / Near Golf Course / Near Marina / Near Public Transit / Sidewalk / Street Dead-End

    • Patio And Porch Features: Deck

    • Direction Faces: South

    • Architectural Style: Mediterranean

    • Waterfront: Yes

    • Water Body Name: LAKE TARPON CANAL

    • Living Area: 675

    • Water Source: Public

    • Subdivision Name: LAKE TARPON VILLAS CONDO

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX REALTEC GROUP INC