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Sold for $825,000
  • $825,000

    1016 E Lemon St, Tarpon Springs, FL 34689

    8beds
    3,120sqft
    Quadruplex
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $264/sqft
    $2,377 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,377/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Sturdgess-Hayes 352-601-8446,

    Dennis Realty & Investment Corp.

    Bought with:

    Paul Sturdgess-Hayes, 3526915

    Dennis Realty & Investment Corp.

    Source: HCMLS,MLS#: 2241053MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Electric Oven, Freezer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Tile
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 3,120
    • Total interior livable area: 3,120 sqft

    Property

    Features
    • Fencing: Wood
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 072716996120090090
    • Zoning: Other
    • Zoning description: Other
    • Special conditions: Owner Licensed RE

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available

    Community & neighborhood

    Location
    • Region: Tarpon Springs
    • Subdivision: Not In Hernando

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,Other
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/21/2025Sold$825,000-8.2%$264/sqft
    Source: HCMLS #2241053 Report a problem
    1/31/2025Pending sale$899,000$288/sqft
    Source: HCMLS #2241053 Report a problem
    1/19/2025Price change$899,000-7.2%$288/sqft
    Source: HCMLS #2241053 Report a problem
    12/31/2024Price change$969,000-1.6%$311/sqft
    Source: Stellar MLS #TB8309163 Report a problem
    11/29/2024Price change$985,000-10.5%$316/sqft
    Source: HCMLS #2241053 Report a problem
    10/2/2024Listed for sale$1,100,000+400%$353/sqft
    Source: Stellar MLS #TB8309163 Report a problem
    12/16/2014Sold$220,000-8.3%$71/sqft
    Source: Stellar MLS #U7601173 Report a problem
    10/30/2014Price change$239,900-4%$77/sqft
    Source: Charles Rutenberg Realty, Inc. #U7601173 Report a problem
    11/15/2013Listed for sale$249,900+2.9%$80/sqft
    Source: Charles Rutenberg Realty, Inc. #U7601173 Report a problem
    11/15/2012Listing removed$242,900$78/sqft
    Source: Charles Rutenberg Realty, Inc. #U7530791 Report a problem
    11/15/2011Listed for sale$242,900+0.2%$78/sqft
    Source: Charles Rutenberg Realty, Inc. #U7530791 Report a problem
    8/4/2011Listing removed$242,500$78/sqft
    Source: Charles Rutenberg Realty, Inc. #U7486480 Report a problem
    10/22/2010Listed for sale$242,500$78/sqft
    Source: Charles Rutenberg Realty, Inc. #7486386 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2019$3,516 $199,290 +4.5%
    2018$3,516 +4.1%$190,675 +2.9%
    2017$3,377 +3.9%$185,291 +3%
    2016$3,250 -1.8%$179,840 +0.4%
    2015$3,310 +14.9%$179,207 +15.7%
    2014$2,882 +19.6%$154,855 +40.1%
    2013$2,409 -1.6%$110,566 -1.7%
    2012$2,448 $112,434 -25.8%
    2011-- $151,454 -6.6%
    2010-- $162,231 -26.5%
    2009-- $220,625 +6.7%
    2008$4,177 $206,700 -13%
    2007-- $237,700 +15.3%
    2005-- $206,100 +6%
    2004$4,308 +14.4%$194,400 +15%
    2003$3,767 +32.3%$169,100 +15.5%
    2002$2,847 $146,400 +15.9%
    2001$2,847 +6.6%$126,300 +6.1%
    2000$2,670 $119,000

    Find assessor info on the county website

    Neighborhood: 34689

    Nearby schools

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