$10,000
closing credit¹
1016 E Lemon St Tarpon Springs, FL 34689
Property details
About 1016 E Lemon St
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, with access to electric and water hook-ups on 2 spaces and dry camping spot, 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 offer 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, 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!
Highlights
(Pending)
Summary
- MLS Number: 2241053
- MLS Name: Hernando County Association of REALTORS®
- Office Name: Dennis Realty & Investment Corp.
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Last updated on: 1/31/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$899,000
1016 E Lemon St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
10
Tarpon Springs Fundamental Ele
Public Magnet KG-5
0.8 mi
•400 E Harrison St
6
Tarpon Springs Elementary
Public District PK-5
0.9 mi
•555 Pine St
8
Sunset Hills Elementary
Public District PK-5
2.2 mi
•1347 Gulf Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,645. The majority of Tarpon Springs, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 1016 E Lemon St in Tarpon Springs, FL and zip code 34689 in the Lake Tarpon Community neighborhood. This 3,120 square foot home, which was built in 1980, sits on a 0.29 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 2, 2024 and is currently priced at $899,000.
In December 2024 more than 5 listings in Tarpon Springs, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 37 were sold below. In December 2024 in Tarpon Springs, FL there were 0.9% more homes for sale than in November. Listings spent 93 days on the market in December 2024, and had a median list price of $450,000 during the same period.