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2595 CYPRUS DRIVE UNIT 4-120

Condo/Co-op For Sale
$249,900

BTC: 4.01903727

ETH: 74.64313770

-$10K (2024/06/12)
33 days
Waterfront
2 bds
1 ba
768 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Location

Facts and features

Type:
Residential
Parking:
Assigned / Boat / Guest
Year Built:
1996
Lot:
No Data
Heating:
Central
Price/sqft:
$325
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range

    Other interior features

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • Assigned

    • Boat

    • Guest

    Property

    • Levels: One

    • Exterior Features: Irrigation System / Rain Gutters / Sidewalk / Sliding Doors

    Other Property Information

    • Parcel Number: 302716488320041200

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

  • Other financial information

    • Annual tax amount: $2,629

  • Source details

    • MLS ID: U8242799

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Corner Lot / Near Golf Course / Near Marina / Near Public Transit

    • Patio And Porch Features: Covered / Enclosed / Screened

    • Window Features: Blinds

    • Direction Faces: South

    • Architectural Style: Mediterranean

    • Waterfront: Yes

    • Water Body Name: Lake Tarpon

    • Living Area: 768

    • Water Source: Public

    • Subdivision Name: LAKE TARPON VILLAS CONDO

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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 ©2024-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