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502 S FLORIDA AVENUE UNIT 124

Condo/Co-op For Sale
$425,000

BTC: 6.61221315

ETH: 223.37383846

40 days
Waterfront
2 bds
2 ba
1,490 sqft

Overview

Experience Gulf-front living at its finest in this rarely available waterfront residence located within the exclusive, gated Gulf Front Lagoon community in the heart of Tarpon Springs. Perfectly positioned on beautifully maintained grounds overlooking the Gulf of Mexico, this spacious and beautifully updated second-floor condominium offers approximately 1,490 square feet of living space, plus an expansive enclosed glassed-in lanai for year-round comfort while enjoying breathtaking water views & spectacular year-round sunsets. Views of historic clubhouse, pool, and footbridge that guides the eyes across the lagoon to a secluded island featuring its own private dock perfect for fishing. Beyond the island is the shimmering expanse of St Joseph Sound & the Gulf of Mexico. Designed for both comfortable everyday living and effortless entertaining, the open-concept floor plan is filled with natural light and showcases sweeping Gulf vistas from the main living areas. The spacious great room features a cozy wood-burning fireplace, dining area, and large sliding glass doors that seamlessly connect the indoors with the waterfront lanai. The updated kitchen is a chef’s delight, boasting custom cabinetry, granite countertops, stainless-steel appliances, new range & microwave, pantry storage, & generous workspace. Additional features include Plantation Shutters throughout, crown molding, fresh paint throughout, & new roof (2025). The primary suite serves as a private retreat with direct lanai access, abundant closet space, and a beautifully appointed en-suite bath featuring dual vanities, granite countertops, a large luxury walk-in shower with multiple shower heads, & custom-designed walk-in closet storage. The guest bedroom offers exceptional flexibility with a custom-built queen size Murphy bed complete with dresser, cabinets, desk & ample closet space, with access to en-suite bath featuring a spacious jacuzzi tub & beautiful tile work. With access to private entrance, these accommodations are perfect for family and visitors. Residents enjoy a true resort-style lifestyle within this boutique 40-unit community. Amenities include a waterfront swimming pool & spa, fitness center & separate saunas for men and women, picnic & grilling areas, bike storage, kayak & paddleboard launch, fishing & boat dock, & a beautifully restored historic clubhouse complete with billiards, library, meeting rooms, kitchen facilities, & social gathering spaces. Private walking paths & charming bridges wind throughout the lushly landscaped grounds, creating a peaceful coastal setting unlike any other. Additional conveniences include a private elevator, under-building assigned parking, private storage, guest parking, and comprehensive condominium fees that cover cable, internet, water, sewer, exterior maintenance, building insurance, reserves, roofing, and more. Ideally located just minutes from Fred Howard Park Beach, Sunset Beach, Tarpon Springs Golf Course, Downtown Tarpon Springs, the world-famous Sponge Docks, restaurants, shopping, & easy access to Tampa, St. Petersburg, & Clearwater airports, this exceptional property offers the perfect blend of luxury, privacy, and convenience. Whether you’re searching for a full-time waterfront residence, a seasonal retreat, or a second home where every day feels like a vacation, this remarkable Gulf-front condominium delivers an unparalleled coastal lifestyle in one of Tarpon Springs’ most desirable communities.

Location

Details

Type:
Residential
Parking:
Assigned / Converted Garage / Guest / Under Building
Year Built:
1986
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$285
Cooling:
Central Air
HOA:
$285

Valuation

Our model vs. what's actually selling nearby.
Estimate
$297,000
$190K – $422K
Confidence Low
List vs. estimate
$128K above estimate
List $425,000 · +43.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$285
+55.2% vs. city median $183
Based on
16 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,608
2025
HOA
$285/mo
Community Pool, Escrow Reserves Fund, Insurance
Pool
Gunite
View
Pool
Waterfront
Gulf/Ocean Front, Waterfront
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Crown Molding

    • Elevator

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Converted Garage

    • Guest

    • Under Building

    Property

    • Levels: One

    • Exterior Features: Balcony / Lighting / Sliding Doors / Storage

    Other Property Information

    • Parcel Number: 152715341520011240

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Electricity Available

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $285

    • HOA Frequency: Monthly

    • Annual tax amount: $4,608

  • Source details

    • MLS ID: TB8519570

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Family Room / Wood Burning

    • Laundry Features: Inside / Laundry Closet

    • Lot Features: Flood Insurance Required / FloodZone

    • Patio And Porch Features: Covered / Enclosed / Front Porch / Patio

    • Pool Features: Gunite / In Ground

    • Window Features: Shutters

    • Direction Faces: North

    • Other Structures: Storage

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: GULF OF MEXICO

    • Living Area: 1490

    • Water Source: Public

    • Subdivision Name: GULF FRONT LAGOON 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 ©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: COASTAL PROPERTIES GROUP INTERNATIONAL