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2571 Cyprus DRIVE, #1-202, Palm Harbor, FL, 34684 | $259,900
This TURNKEY condo with RENTAL INCOME 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!!! $37K GROSS INCOME in 2023 and on track for 2024! SEASONAL TENANTS ALREADY LINED UP (IF YOU LIKE). Use it as you like or rent it out when you want. This updated 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. It has been recently painted and COMES fully stocked with bedding, dishes, etc. 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. WEEKLY RENTALS ALLOWED. Pets allowed as well. Low monthly HOA of $420 which includes basic cable, internet, sewer/water and trash. It doesn’t get much better than this. Income Details in the attachments. Seller can provide contacts for recurring, seasonal tenants as well. The unit does not come with a washer/dryer, but can be added by new buyer. Community Laundry Center down by pool. 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. HURRY! THIS WON'T LAST LONG!!! Submit offers by Sunday 5pm. 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 AFFECTED BY THE RECENT STORMS. Lake Tarpon is a controlled water basin. #rentalincome #realestateincome #makemoney #tampabay #deboerrealestate #floridarealestate #tampabayrealestate
Features
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 2
- Amenities: Cable TV, Laundry, Other, Pool, Spa/Hot Tub
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Laundry: Common Area
- Complex: LAKE TARPON VILLAS CONDO
- Year Built: 1996
- Approx Sq. Feet: 975
- Est. Taxes: $3,269
- Condo Fee: $420 Monthly
- Lot Desc: Landscaped, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End
- View: Water
- Elem. School: Sutherland Elementary-PN
- Middle School: Tarpon Springs Middle-PN
- High School: Tarpon Springs High-PN
- Pet Policy: Cats OK, Dogs OK
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- MLS#: TB8316235
- Days on Market: 8 days
- Website: https://www.raveis.com
/prop/TB8316235/2571cyprusdrive_palmharbor_fl?source=qrflyer
Listing courtesy of RE/MAX REALTEC GROUP INC Phone: 727-789-5555
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2571 Cyprus DRIVE, #1-202, Palm Harbor, FL, 34684
$259,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $207,920 | $207,920 | $207,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | $272 | $272 | $272 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,383 | $1,382 | $1,753 |
| Total Monthly Payment | $1,730 | $1,729 | $2,100 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388