461 S Florida AVENUE, Tarpon Springs, FL, 34689 | $475,000

Discover an exceptional investment opportunity in historic Tarpon Springs with this affordable ranch-style home. Situated on a spacious 0. 3628-acre corner lot, this property offers incredible potential and is ideally located near schools, beaches, and parks. The home features an open great room plan with a cozy wood-burning fireplace, 5 bedrooms, and 3 full bathrooms. The desirable split floorplan includes two master suites, each with its own separate entrance, providing privacy and flexibility. Recent updates include a new roof installed just 5 months ago, ensuring peace of mind for years to come. Additional highlights include a screened porch, a 1-1/2 car garage, and a custom-converted bonus room with an indoor utility closet. While the property requires updates to flooring and other cosmetic improvements, it presents a fantastic opportunity to add instant equity. Whether you're an investor looking to expand your portfolio or seeking a primary residence with room for customization, this home is a must-see. Don't miss out on this unique chance to own a piece of Tarpon Springs history with endless possibilities!

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 3 full
  • Lot Size: 132 x 123
  • Laundry: Laundry Closet
  • Year Built: 1984
  • Garage: 1-car Driveway, Garage Faces Side, Off Street, On Street
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,617
  • Acreage: 0.37
  • Lot Size: 132 x 123
  • Est. Taxes: $6,763
  • Lot Desc: Corner Lot, City Lot, In County, Sidewalk
  • Elem. School: Tarpon Springs Elementary-PN
  • Middle School: Tarpon Springs Middle-PN
  • High School: Tarpon Springs High-PN
  • Appliances: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • MLS#: A4632754
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4632754/461sfloridaavenue_tarponsprings_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/8/2025 9:17:12 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-349-4411

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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
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Our Insurance Division:

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461 S Florida AVENUE, Tarpon Springs, FL, 34689

$475,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $380,000 $380,000 $380,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.295% 6.538%
Monthly Tax Payment $564 $564 $564
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,528 $2,560 $3,258
Total Monthly Payment $3,167 $3,199 $3,897

* 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.