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727-415-4982
Real Estate Company
1016 E Lemon Street, Tarpon Springs, FL 34689
- $825,000
- 6
- BD
- 3
- BA
- 3,120
- SqFt
- Sold Price
- $825,000
- List Price
- $899,000
- Status
- Sold
- Days on Market
- 120
- Closing Date
- Feb 21, 2025
- MLS#
- TB8309163
- Property Style
- Quadruplex
- Year Built
- 1980
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 3,120
- Lot Size
- 12,663
- Acres
- 0.29
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Youngs Sub De Luxe
- MLS Area Major
- Tarpon Springs
Property Description
IPrice Improvement! Check out this Turn-Key Opportunity in Tarpon Springs! Great occupancy and already has bookings until March 2025! Your opportunity to own a successful, well-appointed and meticulously cared for opportunity, that has been generating consistent revenue since 2015. Thinking about investing, then this could be a prime opportunity for you or to expand your portfolio! This property benefits from 4 Units, each consisting of a 2 Bedroom, 1 Bathroom Floorplan, that equates to 8 Total Bedrooms and 4 Bathrooms. Located just off the US-19, in the heart of Tarpon Springs, with accessibility to the Sponge Docks, local amenities, hospitals, shopping, restaurants and within a 50-minute journey to Tampa, including the Tampa International Airport, this location is exceptional for the transient rental market. The exterior of the property welcomes the guests with a courtyard feel, palm trees and the beachy tones of the aqua paint, immediately creating that vacation vibe as you arrive. With ample parking, you can arrive, unpack and enjoy! Even if your guests are not staying in one of the four apartments available, then this property benefits from having not one, but three RV parking areas, with access to electric and water hook-ups on 2 spaces and dry camping opportunity which provides for an extra revenue opportunity! The (4), 2 bedroom and 1-bathroom apartments are elegantly furnished and decorated, maintained to a high standard and offers a welcoming experience to the guests who visit. The kitchens, with the granite style worktops, mahogany style cabinets provide a great back drop for your guests to enjoy their morning breakfast and beverage before heading off to enjoy their daily activity! At the end of the day, they can return to the comfort of the spacious living areas, kick off their shoes and relax, or why not enjoy a BBQ outside! The tiled floors in the apartments provide for an easy to maintain environment. On that note, did I mention that the current Cleaning Team would be willing to stay on with the new Owner and keep those apartments sparkling! With newer roofs, Electrical and Plumbing updates, the current Owner has invested in ensuring this property has the best opportunity for success! The current owner is committed to the success of the future owner and is providing the opportunity of a 30-day coaching, post-closing to assist in continued success, along with conveying the website, systems and existing bookings to the new owner. Call today to schedule your tour!
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Additional Information
- Taxes
- $9559
- Annual Gross Income
- 129000
- Community Features
- No Deed Restriction
- Zoning
- MULTI-FAM
- Interior Layout
- Ceiling Fans(s), Eat-in Kitchen, Window Treatments
- Interior Features
- Ceiling Fans(s), Eat-in Kitchen, Window Treatments
- Floor
- Tile
- Appliances
- Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Utilities
- Electricity Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Exterior Features
- Courtyard, Fence, Lighting
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Guest, Off Street, RV Access/Parking
- Flood Zone Code
- X
- Parcel ID
- 07-27-16-99612-009-0090
- Legal Description
- YOUNG'S SUB DE LUXE BLK 9, LOTS 9 & 10 (SEE N18-27-16)
Listing courtesy of DENNIS REALTY & INVESTMENT COR. 813-949-7444
Selling Office: STELLAR NON-MEMBER OFFICE.Mortgage Calculator
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