Seller's Agent in 2025
Lyn DeBoer
RE/MAX
(727) 244-7715
8 in this area
49 Total Sales
2571 Cyprus Dr Unit 1-202 Palm Harbor, FL 34684
2
Beds
2
Baths
975
Sq Ft
$450/mo
HOA Fee
Highlights
- Lake Front
- Dock made with wood
- Canal View
- Tarpon Springs Middle School Rated A-
- Heated Spa
- Property is near public transit
About This Home
As of July 2025$10k price reduction!! Buy and use or start MAKING MONEY NOW!! This TURNKEY condo with RENTAL INCOME HISTORY TO PROVE is located in Lake Tarpon Villas where you have boat access to the Lake plus a pool and heated spa. An investor’s dream!!! DSCR LOAN will work with 20% down. $37K GROSS INCOME in 2023 and 2024 plus on track for 2025! SEASONAL TENANTS ALREADY LINED UP (IF YOU LIKE). Use it as you like or rent it out when you want. This 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. Light and Bright with Vaulted Ceilings. 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. NO WAIT PERIOD TO START RENTING. WEEKLY RENTALS ALLOWED. Pets allowed as well. Low monthly HOA of $450 which includes basic cable, internet, sewer/water and trash, insurance on building. Income Details in the attachments. Seller can provide contacts for recurring, seasonal tenants as well. Seller also has a dedicated website for this rental that is well published. www.laketarponvillas.com. 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. We have a LOMA Letter; see attachments. AND THE BEST PART, COMMUNITY WAS NOT FLOODED BY THE RECENT STORMS. Lake Tarpon is a controlled water basin.
AC 2018, Water Heater 2019 Roof 2019. #rentalincome #realestateincome #makemoney #tampabay #deboerrealestate #floridarealestate #tampabayrealestate #airbnb. DSCR Investor Loan will work too with 20% down or CASH ALWAYS WORKS.
Last Agent to Sell the Property
RE/MAX REALTEC GROUP INC Brokerage Phone: 727-789-5555 License #3176576 Listed on: 11/12/2024
Last Buyer's Agent
RE/MAX REALTEC GROUP INC Brokerage Phone: 727-789-5555 License #3176576 Listed on: 11/12/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,721
Year Built
- Built in 1996
Lot Details
- Lake Front
- Property fronts a freshwater canal
- Street terminates at a dead end
- Southeast Facing Home
- Landscaped
HOA Fees
- $450 Monthly HOA Fees
Home Design
- Mediterranean Architecture
- Entry on the 2nd floor
- Slab Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 975 Sq Ft Home
- 2-Story Property
- Blinds
- Sliding Doors
- Family Room
- Combination Dining and Living Room
- Canal Views
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- 2 Full Bathrooms
Outdoor Features
- Heated Spa
- Access to Freshwater Canal
- Water Skiing Allowed
- Dock made with wood
- Balcony
- Rear Porch
Location
- Property is near public transit
- Property is near a golf course
Schools
- Sutherland Elementary School
- Tarpon Springs Middle School
- Tarpon Springs High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 202 / 001
- Assessor Parcel Number 30-27-16-48832-001-2020
Community Details
Overview
- Association fees include cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, sewer, trash, water
- Qualified Management Association, Phone Number (727) 869-9700
- Lake Tarpon Villas Condos
- Lake Tarpon Villas Condo Subdivision
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
- Stream Seasonal
Amenities
- Laundry Facilities
Recreation
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
- Pets up to 125 lbs
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2024
Closed on
Jul 25, 2025
Sold by
Eastwood Mark and Rummeling Katja
Bought by
Tarpon Woods S2 Llc
Seller's Agent
Lyn DeBoer
RE/MAX REALTEC GROUP INC
Buyer's Agent
Lyn DeBoer
RE/MAX REALTEC GROUP INC
List Price
$259,900
Sold Price
$195,000
Premium/Discount to List
-$64,900
-24.97%
Views
159
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.59%
Purchase Details
Closed on
May 10, 2001
Sold by
Ruch Wolfgang and Ruch K T
Bought by
Eastwood Mark and Eastwood Katja
Purchase Details
Closed on
May 1, 1998
Sold by
Tarpon Dev Corp
Bought by
Ruch Wolfgang and Thomas Ruch Gerlinde K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $195,000 | Anclote Title Services | |
| Warranty Deed | $195,000 | Anclote Title Services | |
| Warranty Deed | $78,000 | -- | |
| Warranty Deed | $71,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $195,000 | -9.3% | $200 / Sq Ft |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | Price Changed | $214,900 | -4.5% | $220 / Sq Ft |
| 04/12/2025 04/12/25 | Price Changed | $225,000 | -6.2% | $231 / Sq Ft |
| 03/06/2025 03/06/25 | Price Changed | $239,900 | -4.0% | $246 / Sq Ft |
| 02/07/2025 02/07/25 | Price Changed | $249,950 | -1.9% | $256 / Sq Ft |
| 12/16/2024 12/16/24 | Price Changed | $254,900 | -1.9% | $261 / Sq Ft |
| 11/12/2024 11/12/24 | For Sale | $259,900 | -- | $267 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,269 | $255,564 | -- | $255,564 |
| 2023 | $3,269 | $207,179 | $0 | $207,179 |
| 2022 | $2,922 | $176,271 | $0 | $176,271 |
| 2021 | $2,724 | $150,254 | $0 | $0 |
| 2020 | $2,515 | $136,497 | $0 | $0 |
| 2019 | $2,265 | $116,763 | $0 | $116,763 |
| 2018 | $2,053 | $102,036 | $0 | $0 |
| 2017 | $1,976 | $96,580 | $0 | $0 |
| 2016 | $1,997 | $97,985 | $0 | $0 |
| 2015 | $1,881 | $91,732 | $0 | $0 |
| 2014 | $1,708 | $78,605 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lyn DeBoer
Map
Source: Stellar MLS
MLS Number: TB8316235
APN: 30-27-16-48832-001-2020
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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