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5 Beds ⋅ 5 Baths ⋅ Cheyneys Paul Sub SubDv. ⋅ 34689 Zip Code

One of a kind property, located at the best area of Tarpon Springs, near the Bayou and near the Antique district. Also walking distance to the famous Sponge Docks. Only 10 min. drive to Fred Howard Park or the Sunset Beach. This is a single family house (2,352s.f.) that needs total renovation, a good size appartment at the back (1,078s.f.). Then you have a separate building on the brick paved street (50 W. Boyer st.A+B), that brings rent of . This property is perfect for owner occupant that can have good rental income from two or three units. Also, the lot on the East side of the property is coming up for sale, so you could build one more house or just have room for a pool.

217 Banana Street, Tarpon Springs

$380,000

4 Beds ⋅ 2 Baths ⋅ Alta Vista Sub SubDv. ⋅ 34689 Zip Code

This beautifully maintained duplex offers strong income potential, flexible rental options, and an ideal location on a private road at 1812 Poinsettia Ave. Each unit features 2 bedrooms, 1 full bathroom, mirrored layouts, and spacious floor plans designed for comfortable living. A major renovation completed in 2015 brought extensive updates throughout both units, including central HVAC systems (2014) with interior air handlers and exterior compressors, updated electrical receptacles, lighting fixtures, switches, ceiling fans, appliances, kitchen and bathroom cabinetry, countertops, interior plumbing drain lines, shower valves, faucets, sinks, and durable tile and laminate flooring throughout (no carpet). Additional improvements included a new roof (2014), fresh interior and exterior paint, and a backyard storage shed. More recent updates enhance the property even further, including new double-pane windows (2024), new water heaters (2026), luxury vinyl plank flooring (2022), updated interior paint (2022), new ceiling and light fixtures, and a brand-new vinyl fence. Separate water and electric meters provide added convenience and efficiency for both owners and tenants. Currently operating as a successful mid-term rental, the property generates approximately $65,622 in gross annual income, with an estimated net income of approximately $29,000 annually at 85% occupancy, leaving room for future upside potential. Investors also have the flexibility to transition to traditional annual leases, with projected rental income of approximately $1,600 per month per unit, equating to an estimated $38,400 in gross annual income. Furnishings may be available for purchase, offering a potential turnkey investment opportunity for buyers looking to continue the mid-term rental operation. Perfect for both seasoned investors and first-time rental property owners, this duplex offers the flexibility to live in one unit while generating income from the other, or maximize cash flow by leasing both units. Ideally located between US-19 and Alternate 19, and just minutes from historic downtown Tarpon Springs, residents enjoy convenient access to beaches, parks, fishing, the Pinellas Trail, shopping, dining, entertainment, and everyday conveniences. Nearby attractions include Fred Howard Park, plus easy access to grocery stores, restaurants, public transportation, and more. Don’t miss this opportunity to own a well-maintained, income-producing property in one of Tarpon Springs’ most desirable and rapidly growing areas!

1812 Poinsettia Avenue, Tarpon Springs

$400,000

2 Beds ⋅ 2 Baths ⋅ Tarpon Heights Rev Of Sec D Of I B Read SubDv. ⋅ 34689 Zip Code

Investor Special....Duplex in the heart of Tarpon Springs. property has endless possibilities.

72 Ada Street, Tarpon Springs

$459,900

4 Beds ⋅ 2 Baths ⋅ Lake Butler Villa Cos Sub SubDv. ⋅ 34689 Zip Code

Welcome to 1109 E Rohe Street, Tarpon Springs, FL, an excellent income-producing duplex in one of the most desirable areas of Pinellas County. Located within the historic city limits of Tarpon Springs, this fully occupied, individually metered duplex features two 2-bedroom, 1-bathroom units, each with their own laundry hookups, making it an ideal opportunity for investors seeking rental property in the Tarpon Springs real estate market. This property has been well maintained through the years and is ready for its next owners. Major system updates include water heaters installed in 2021, HVAC systems from 2018 and 2012, and electrical that is currently insurable, offering peace of mind and long-term investment stability. Each unit offers a comfortable open floor plan connecting the kitchen and living areas, creating an inviting space for everyday living. The bedrooms are positioned along the exterior walls of the building, allowing for added privacy and natural light. Each unit also features its own private porch with a laundry closet, adding convenience for tenants. Outside, the property includes a shared private patio area and a large fenced backyard, perfect for outdoor enjoyment. Parking is plentiful with ample street parking along with a large parking pad in front of the property providing two spaces for each unit. The location is another major highlight. Tarpon Springs is known for its historic charm, vibrant downtown, and proximity to the Gulf Coast, and this property places you close to local restaurants, shops, markets, golf courses, the Pinellas Trail, and the award-winning beaches of the Tampa Bay area. Opportunities like this are becoming harder to find in the Tarpon Springs and Pinellas County investment property market. Whether you are looking to expand your rental portfolio or secure a well-located multi-family property in Tarpon Springs, 1109 E Rohe Street offers strong income potential in a highly sought-after area of Florida’s Gulf Coast. Schedule your showing today and explore the opportunity to own this well-maintained Tarpon Springs duplex investment property.

1109 E Rohe Street Unit A & B, Tarpon Springs

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