2571 Cyprus Drive Unit 1-202, Palm Harbor, FL 34684

$195,000
2
BD
2
BA
975
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$195,000
List Price
$214,900
Status
Sold
Days on Market
233
Closing Date
Jul 25, 2025
MLS#
TB8316235
Property Style
Condo
Architectural Style
Mediterranean
Year Built
1996
Bedrooms
2
Bathrooms
2
Living Area
975
Total Acreage
Non-Applicable
Building Name
2571
Monthly Condo Fee
450
Legal Subdivision Name
Lake Tarpon Villas Condo
Complex/Comm Name
Lake Tarpon Villas
MLS Area Major
Palm Harbor

Property Description

$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.

Additional Information

Taxes
$3721
Minimum Lease
1-7 Days
Maintenance Includes
Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
Condo Fees
$450
Condo Fees Term
Monthly
Location
Landscaped, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End, Paved
Community Features
Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool, Sidewalks, Stream Seasonal
Property Description
One Story
Interior Layout
Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Window Treatments
Interior Features
Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Window Treatments
Floor
Carpet, Tile
Appliances
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Utilities
Cable Connected, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Balcony, Sliding Doors
Roof
Tile
Foundation
Slab
Pool
Community
Elementary School
Sutherland Elementary-Pn
Middle School
Tarpon Springs Middle-Pn
High School
Tarpon Springs High-PN
Water Name
Lake Tarpon
Water Extras
Skiing Allowed
Water View
Canal
Water Access
Canal - Freshwater
Water Frontage
Canal - Freshwater, Lake Front
Pets
Allowed
Max Pet Weight
125
Floor Number
2
Flood Zone Code
X
Parcel ID
30-27-16-48832-001-2020
Legal Description
LAKE TARPON VILLAS CONDO BLDG 1, UNIT 202 AKA UNIT 1-202

Listing courtesy of RE/MAX REALTEC GROUP INC. 727-789-5555

Selling Office: RE/MAX REALTEC GROUP INC.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on