1016 East Lemon Street
Tarpon Springs, FL 34689
$985,000
Price
6
Beds
3,120 Sq. Ft.
$316 / Sq. Ft.
3,120
Sq. Ft.
$316
per Sq. Ft.
Description
Price 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...Price 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, all with their own electric and water hook-ups, 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, AC, 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!
- Listed by Paul Sturdgess-Hayes • DENNIS REALTY & INVESTMENT COR
Property Details for 1016 East Lemon Street
Subdivision Name
YOUNGS SUB DE LUXE
Township27
WaterfrontNo
FurnishedFurnished
LISTING UPDATED: 12/07/2024 03:05 PM
Property Details for 1016 East Lemon Street
| Status | Active |
|---|---|
| MLS # | TB8309163 |
| Days on Market | 79 |
| Taxes | $9,559 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Quadruplex |
| Year Built | 1980 |
| Lot Size | 0.29 AC / 12,663 SF |
| County | Pinellas County |
Building Information for 1016 East Lemon Street
Stories-Residences4Year Built1980Building Size-Lot Size0.29 AC / 12,663 SF
Property Information for 1016 East Lemon Street
Summary
Location and General Information
- Building Area Units: Square Feet
- Directions: FROM US 19 TRAVELING NORTH TO TARPON SPRINGS, TURN RIGHT ONTO E LEMON STREET PROPERTY WILL BE ON THE RIGHT HAND SIDE.
- Mls Major Change Type: Price Decrease
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 1016
- Street Direction Prefix: E
- Street Name: LEMON
- Street Suffix: STREET
- State: FL
- City: TARPON SPRINGS
Parking
- Carport: No
- Garage: No
- Parking Features: Guest, Off Street, RV Parking
Taxes and HOA Information
- Association: No
- CDD: No
- Tax Block: 9
- Tax Book Number: 10-75
- Tax Legal Description: YOUNG'S SUB DE LUXE BLK 9, LOTS 9 & 10 (SEE N18-27-16)
- Tax Lot: 9
- Tax Year: 2024
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/TB8309163
Property
Lot Information
- Additional Parcels: No
- Parcel Number: 07-27-16-99612-009-0090
- Total Acreage: 1/4 to less than 1/2
- Total Num Buildings: 2
- Water Access: No
- Water Extras: No
- Zoning: MULTI-FAM
- Living Area: 3120
Property and Assessments
- Year Built Numeric: 1980
- Flood Zone Code: X
- Flood Zone Date: 08-24-2021
- Flood Zone Panel: 12103C0038H
- New Construction: No
- Public Survey Range: 16
- Public Survey Section: 07
Utilities
- Sewer: Public Sewer
- Utilities: Electricity Connected
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Construction Materials: Stucco
- Exterior Features: Courtyard, Fenced, Lighting
- Foundation Details: Slab
- Other Structures: Shed(s), Storage
- Patio And Porch Features: None
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Security Features: Security Lights, Smoke Detector(s)
- Spa: No
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 6
- Appliances: Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Cooling: Central Air
- Fireplace: No
- Flooring: Tile
- Heating: Central
- Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Window Treatments
- Laundry Features: Inside, Laundry Closet
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
Multi Family
Multi-Family Information
- Annual Net Income: $104,000.00
- Gross Income: $129,000
- Unit Count: 4
Unit 1
- Unit Type Baths Total 1: 1
- Unit Type Beds Total 1: 2
- Unit Type Heated Sq Ft 1: 780
- Unit Type Pro Forma 1: 2600
- Unit Type Type 1: 2 Bed/1 Bath
- Unit Type Units Total 1: 1
Unit 2
- Unit Type Baths Total 2: 1
- Unit Type Beds Total 2: 2
- Unit Type Heated Sq Ft 2: 780
- Unit Type Pro Forma 2: 2600
- Unit Type Type 2: 2 Bed/1 Bath
Unit 3
- Unit Type Baths Total 3: 1
- Unit Type Beds Total 3: 2
- Unit Type Heated Sq Ft 3: 780
- Unit Type Pro Forma 3: 2600
- Unit Type Type 3: 2 Bed/1 Bath
- Unit Type Units Total 3: 1
Unit 4
- Unit Type Baths Total 4: 1
- Unit Type Beds Total 4: 2
- Unit Type Heated Sq Ft 4: 780
- Unit Type Pro Forma 4: 2600
- Unit Type Type 4: 2 Bed/1 Bath
- Unit Type Units Total 4: 1
Property History for 1016 East Lemon Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1016 East Lemon Street
Taxable ValueLand-Additions-Total-
Tax Record2021$3,928 ($327 / month)
Home Facts
Baths2Total Finished SqFt3,120 SqFtAbove Grade Finished SqFt3,120 SqFtStories1Lot Size12,700 SqFtStyleMulti-Family Dwelling (2-4)Year Built1980Year Renovated1983CountyPINELLASAPN07-27-16-99612-009-0090
Schools near 1016 East Lemon Street
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Tarpon Springs Elementary School PublicPK to 5 | ||
Tarpon Springs Middle School Public6 to 8 | ||
Tarpon Springs High School Public9 to 12 | ||
Tarpon Springs Fundamental Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of DENNIS REALTY & INVESTMENT COR, Paul Sturdgess-Hayes
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/07/2024 03:05 PM
