For Sale

Listed by Lyn DeBoer

Source: Stellar MLS #U8242799

4-120/2595 Cyprus Drive, Palm Harbor, FL, 34684

$249,900

2
1
976 sq. ft.

Condo

30+ days on the market

What's around 4-120/2595 Cyprus Drive

About this property

INCOME POTENTIAL - This TURNKEY condo located on Lake Tarpon in the community of Lake Tarpon Villas where you have boat access to the Lake plus a heated pool and spa. An investor?s dream!!! AIRBNB AND VRBO allowed. $26K GROSS INCOME in 2023 with an JUST AN annual renter! MORE CAN BE MADE WITH SEASONALS. January - April will rent for $3500+ per month and $2000 in the off-season months. MORE CAN BE MADE WITH WEEKLEY RENTALS. Use it as you like or rent it out when you want. This ground floor corner unit floor unit features 1 bedroom and 1 bathrooms, but has been converted to include an additional bedroom for guests or children on an enclosed lanai. Additionally, there is HUGE SCREENED PATIO 26X8 that opens right onto the boardwalk and canal. It has been recently painted and offers newer vinyl flooring with Brand New Carpet in the master. The kitchen features oven/range, dishwasher, refrigerator, microwave and disposal. The unit is also plummed for a full size washer and dryer. This TURNKEY Condo is being sold FULLY FURNISHED and is ready to go and READY FOR YOU TO START MAKING MONEY!!! One of few communities that allows AIRBNB with few restrictions. DAILY RENTALS ALLOWED. Pets allowed as well. Low monthly HOA of $410 which includes basic cable, internet, sewer/water and trash. It doesn?t get much better than this. Seller last had an annual lease at $2200 per month. Seasonals rentals go for much more!!! There are also boat slips available for rent and/or purchase. Additionally, the roofs were replaced in the entire community a couple of years ago. 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. Lake Tarpon's Water Level is Controlled. There is a LOMA Letter; see attachments. HOA Docs, etc are also in the attachments. These units go fast because of the great rental income and low restrictions of the community. Seller would consider a contingency offer!!! #INCOMEPOTENTIAL #WATERFRONTLIVING #SEASONALRENTALS #FLORIDALIVING #RENTALINCOME #PALMHARBORFL #TAMPABAYREALESTATE #DEBOERREALESTATE

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