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116 READ STREET

House Active With Contract
$378,000

BTC: 5.90625000

ETH: 216.49484536

2 days
2 bds
2 ba
936 sqft

Overview

Under contract-accepting backup offers. Rare opportunity in the heart of the Tarpon Springs Historic District — and one of the only pockets in the city where short-term rentals are fully permitted. Welcome to 116 Read St, a beautifully maintained home that pairs authentic Florida character with turnkey, income-ready flexibility. Set on a tree-lined street just minutes from the world-famous Sponge Docks, vibrant downtown Tarpon Springs, and the Gulf Coast's most scenic parks and beaches, this home offers something most listings can't: a coveted historic-district address with no HOA and genuine STR earning potential. Whether you're an investor seeking a high-demand vacation rental, a buyer looking to offset living costs, or someone who simply wants a charming primary residence in a one-of-a-kind neighborhood, this property delivers. Step inside to a bright, open layout anchored by gorgeous polished terrazzo flooring throughout. Sun-filled living spaces, a well-appointed kitchen with ample cabinetry, and comfortable, privacy-minded bedrooms make the home as livable as it is welcoming — perfect for hosting guests or savoring a quiet morning coffee. Major-ticket items are already handled: roof and water heater are both 2023, and the electrical panel was updated in 2020, so you can buy with confidence. Outside, a spacious yard offers room for pets, gatherings, or your own private Florida oasis — a standout amenity for short-term guests and homeowners alike. You're moments from waterfront dining, top-rated schools, the Pinellas Trail, and the legendary Tarpon Springs markets and festivals that draw visitors year-round. Move-in ready, no HOA, STR-friendly, and brimming with historic-district charm — 116 Read St is a true standout in one of Tarpon Springs' most desirable and rental-friendly neighborhoods. Income potential and lifestyle, all in one address. Don't miss it.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1965
Lot:
0.16 Acres
Heating:
Central
Price/sqft:
$404
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$219,450
$138K – $271K
Confidence Low
List vs. estimate
$158K above estimate
List $378,000 · +72.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$403
+44.3% vs. city median $279
Based on
40 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,368
2025
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Disposal

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Garden / Lighting

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 122715152280000040

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

  • Other financial information

    • Annual tax amount: $5,369

  • Source details

    • MLS ID: TB8512693

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Historic District

    • Direction Faces: North

    • Architectural Style: Bungalow

    • Living Area: 936

    • Water Source: None

    • Lot Size Dimensions: 57 x 120

    • Subdivision Name: CHEYNEYS J K SUB

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: SUNBELT REAL ESTATE FLORIDA