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2571 CYPRUS DRIVE UNIT 1-201

Condo/Co-op For Sale
$169,900

BTC: 2.61384615

ETH: 94.38888889

10 days
Waterfront
2 bds
1 ba
675 sqft

Overview

TURNKEY Waterfront Condo with Boat Slip – Airbnb Friendly! Investor opportunity on a canal leading directly to Lake Tarpon! This fully furnished 1-bedroom, 1-bath condo includes a converted second bedroom area and new windows. Enjoy views from the spacious private balcony. Vaulted ceilings create an open, airy feel, while the kitchen features a breakfast bar overlooking the living area. Laminate and tile flooring throughout make maintenance easy. This unit is truly move-in or rent-ready: One of few communities that allows AIRBNB with few restrictions. NO WAIT PERIOD TO START RENTING. WEEKLY RENTALS ALLOWED. Pets allowed as well. Low monthly HOA of $475 which includes basic cable, internet, sewer/water and trash. AC 2019, Water Heater 2024. No elevator. Laundry center is located by pool. Enjoy the sparkling pool and heated hot tub. There's a community kitchenette also down at the pool. Nice feature. The boatslip to this unit is labeled 1-202 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. 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. THE BEST PART, COMMUNITY WAS NOT FLOODED BY THE RECENT STORMS. CASH ONLY OFFERS! OR DCSR LOAN.

Location

Details

Type:
Residential
Parking:
Assigned / Guest
Year Built:
1996
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$252
Cooling:
Central Air
HOA:
$475

Valuation

Our model vs. what's actually selling nearby.
Estimate
$192,200
$159K – $194K
Confidence Medium
List vs. estimate
$22K below estimate
List $169,900 · -11.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$251
+17.1% vs. city median $215
Based on
6 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

    • 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 Public Transit / 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