941-235-7474

Listing Details for MLS #TB8316235
2571 Cyprus Drive Unit 1-202, Palm Harbor, Fl

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Residential Property - Condominium in Palm Harbor

SOLD for $195,000 on July 25, 2025

Listing Price: $214,900Sold Price: $195,000Sold Price/List Price: 91%
Sold Price/Original List Price: 75.03%Days on Market: 233

Description of Property

$10k price reduction!! Buy and use or start MAKING MONEY NOW!! This TURNKEY condo with RENTAL INCOME HISTORY TO PROVE is located in Lake Tarpon Villas where you have boat access to the Lake plus a pool and heated spa. An investor’s dream!!! DSCR LOAN will work with 20% down. $37K GROSS INCOME in 2023 and 2024 plus on track for 2025! SEASONAL TENANTS ALREADY LINED UP (IF YOU LIKE). Use it as you like or rent it out when you want. This 2nd floor unit features 2 bedrooms and 2 bathrooms and includes a balcony off the master bedroom and a lanai overlooking the canal. There are 2 new hurricane rated sliding glass doors. Light and Bright with Vaulted Ceilings. It is being sold FULLY FURNISHED and is stocked and ready to go and READY FOR YOU TO START MAKING MONEY!!! 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 $450 which includes basic cable, internet, sewer/water and trash, insurance on building. Income Details in the attachments. Seller can provide contacts for recurring, seasonal tenants as well. Seller also has a dedicated website for this rental that is well published. www.laketarponvillas.com. 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. AND THE BEST PART, COMMUNITY WAS NOT FLOODED BY THE RECENT STORMS. Lake Tarpon is a controlled water basin. AC 2018, Water Heater 2019 Roof 2019. #rentalincome #realestateincome #makemoney #tampabay #deboerrealestate #floridarealestate #tampabayrealestate #airbnb. DSCR Investor Loan will work too with 20% down or CASH ALWAYS WORKS.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $302,837. This condominium is listed at about 71% of the average asking price. There are 47 2 bedroom/2 bath homes between $100,000 and $300,000 currently listed for sale in this Zip code. See other listings like this one »

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Palm Harbor
County: Pinellas
Subdivision: Lake Tarpon Villas Condo
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 975
Sq. Ft. Living Area: 975
Cost per (heated) sqare foot: $220
Year built: 1996
Annual Tax: $3,721

Condo Fee: $450 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Cable TV
  • Community Pool
  • Escrow Reserves Fund
  • Insurance
  • Internet
  • Maintenance Structure
  • Maintenance Grounds
  • Pool Maintenance
  • Sewer
  • Trash
  • Water

Interior Features:

  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Split Bedroom
  • Window Treatments

Appliances:

  • Dishwasher
  • Disposal
  • Electric Water Heater
  • Microwave
  • Range
  • Refrigerator

Window Features: Blinds

Additional Rooms: Family Room

Flooring: Carpet, Tile

Laundry Features: Common Area

Schools

Elementary School: Sutherland Elementary-PN
Middle/Junior High School: Tarpon Springs Middle-PN
High School: Tarpon Springs High-PN

Pool & Waterfront Info

Private Pool: Not specified
Spa Features: Heated
Water Front: Yes

Water Frontage:

  • Canal Front
  • Lake
  • Waterfront
  • Canal - Freshwater
  • Lake Front

Water Access: Yes
Water Access Type: Canal - Freshwater
Water Name: LAKE TARPON

Water Extras: Skiing Allowed

Exterior & Construction

Architectural Style: Mediterranean
Construction: Block, Stucco
Foundation: Slab
Roof: Tile
Exterior Features: Balcony, Sliding Doors
Floors Total: 2
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features: Rear Porch
Security Features:
Other Structures:
View: Water
Fencing:

Utilities:

  • Cable Connected
  • Sewer Connected
  • Water Connected

Sewer: Public Sewer
Water Source: Public

Community Features:

  • Boat Slip
  • Canal Front
  • Dock
  • Fishing
  • Lake
  • Water Access
  • Waterfront
  • Association Recreation - Owned
  • Buyer Approval Required
  • Deed Restrictions
  • Pool
  • Sidewalks
  • Stream Seasonal

Association Amenities:

  • Cable TV
  • Laundry
  • Other
  • Pool
  • Spa/Hot Tub

Lot Information

Lot Features:

  • Landscaped
  • Near Golf Course
  • Near Public Transit
  • Sidewalk
  • Street Dead-End

Road Frontage: Street Dead-End, Street Paved
Front Exposure: Southeast

Legal Description & Other Information

Financing Available: Cash, Other, Private Financing Available
Parcel Number: 302716488320012020
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LAKE TARPON VILLAS CONDO BLDG 1, UNIT 202 AKA UNIT 1-202
Section: 30
Range: 16

 

Listing courtesy of RE/MAX REALTEC GROUP INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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Suncoasteam Realty, LLC
Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
Mailing Address: PO Box 380503, Port Charlotte, FL 33938
Phone: 941-235-7474
Email: sales@avalonsuncoast.com



https://suncoasteam.com/details?MLNum=TB8316235