For sale

$429,500

121 BAY STREET, TARPON SPRINGS, FL 34689

3beds

1,456sqft

$2,964/mo

Get pre-qualified

Duplex, Multi Family

Built in 1953

-- sqft lot

$410,700 Zestimate^®

$295/sqft

$-- HOA

What's special

Waterfront settingSerene lake viewsWarm and inviting atmosphereCozy unit

Waterfront Duplex with Beautiful Lake Views in the Heart of Tarpon Springs! Discover this charming and well-maintained duplex offering a peaceful waterfront setting with serene lake views. Each cozy unit features a comfortable layout filled with natural light, creating a warm and inviting atmosphere. Whether you’re looking for an income-producing investment, an owner-occupied property with rental income, or a multi-generational living opportunity, this property offers exceptional flexibility. Unit A is vacant and move-in ready, while Unit B is tenant occupied, providing immediate rental income. Conveniently located just minutes from the famous Sponge Docks, downtown Tarpon Springs, shopping, restaurants, parks, beaches, and major roadways. Enjoy the perfect combination of waterfront living, investment potential, and Florida charm!

31 days

480

25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Built-in Closet
Level: First
Area: 110 Square Feet
Dimensions: 10x11

Bedroom 2

Features: Built-in Closet
Level: First
Area: 100 Square Feet
Dimensions: 10x10

Bedroom 3

Features: Built-in Closet
Level: First
Area: 72 Square Feet
Dimensions: 9x8

Kitchen

Level: First
Area: 35 Square Feet
Dimensions: 7x5

Living room

Features: No Closet
Level: First
Area: 144 Square Feet
Dimensions: 12x12

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Convection Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave
Laundry: Inside

Features

Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
Flooring: Laminate
Has fireplace: No
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 1,456
Total interior livable area: 1,456 sqft

Property

Features

Levels: One
Stories: 1
Patio & porch: Other
Exterior features: Garden
Has view: Yes
View description: Water, Bayou
Has water view: Yes
Water view: Water,Bayou

Lot

Size: 5,249 Square Feet
Features: Corner Lot

Details

Parcel number: 122715959400060061
Zoning: RESI
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Stucco
Foundation: Slab
Roof: Shingle

Condition

Completed
New construction: No
Year built: 1953

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: WELSHS BAYOU ADD

HOA

Has HOA: No

Location

Region: Tarpon Springs

Financial & listing details

Price per square foot: $295/sqft
Tax assessed value: $175,000
Annual tax amount: $3,297
Date on market: 7/24/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple
Total actual rent: 19200
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

$410,700

$390,000 - $431,000

$1,878/mo

Price history

Date	Event	Price
7/24/2026	Listed for sale	$429,500+109.5%$295/sqft
Source: Stellar MLS #O6426847 Report a problem
10/16/2025	Listing removed	$1,650$1/sqft
Source: Stellar MLS #S5135263 Report a problem
9/26/2025	Listed for rent	$1,650$1/sqft
Source: Stellar MLS #S5135263 Report a problem
12/31/2024	Sold	$205,000$141/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,297 +107%	$175,000 +26.4%
2024	$1,592 +3%	$138,486 +3%
2023	$1,545 -1.3%	$134,452 +3%
2022	$1,566 +0.1%	$130,536 +3%
2021	$1,564 +0.9%	$126,734 +1.4%
2020	$1,550 +2.7%	$124,984 +2.3%
2019	$1,510	$122,174 +1.9%
2018	$1,510 +2%	$119,896 +2.1%
2017	$1,481 +3.4%	$117,430 +2.1%
2016	$1,432 -1.6%	$115,015 +0.7%
2015	$1,455 +0.9%	$114,215 +0.8%
2014	$1,442 -29.7%	$113,309 -19.3%
2013	$2,052 -0.2%	$140,419 +0%
2012	$2,056	$140,391 -4.8%
2011	--	$147,478 -4.4%
2010	--	$154,271 +2.7%
2009	--	$150,215 +0.1%
2008	$2,112	$150,065 +3%
2007	--	$145,694 +5.6%
2005	--	$138,000 +21.9%
2004	$2,509 +21.6%	$113,200 +22.2%
2003	$2,063 +24.2%	$92,600 +12.2%
2002	$1,661	$82,500 +11.9%
2001	$1,661 +17.7%	$73,700 +17.2%
2000	$1,411	$62,900