1. Todd LoCascio, REALTOR ®
  2. Tropic Shores Realty
  3. I work hard for you!

1016 E Lemon Street, Tarpon Springs, FL 34689

Priced at Only: $1,100,000

Would you like to sell your home before you purchase this one?

  • MLS#: 2241053 ( Multi-Family )
  • Street Address: 1016 E Lemon Street
  • Viewed: 58
  • Price: $1,100,000
  • Price sqft: $353
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 3120
  • Days On Market: 50
Description
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, all with their own electric and water hook ups, 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, AC, 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!
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Features
Building and Construction
  • Absolute Longitude: 82.738707
  • Construction: Foundation - Slab, Stucco
  • Exterior Features: Courtyard, Outdoor Lighting
  • Fence: Fence Partial, Wood
  • Flooring: Ceramic Tile
  • New Construction: No
  • Paved Road: Yes
  • Roof: Asphalt
  • Sqft Source: Tax Roll
Property Information
  • Property Group Id: 19990816212116581394000000
Land Information
  • Acreage Info: Over 1/4 to 1/2 Acre
  • Lot Dimension Source: Tax Rolls
  • Lot Sqft: 12663.00
School Information
  • Elementary School: Not Zoned for Hernando
  • High School: Not Zoned for Hernando
  • Middle School: Not Zoned for Hernando
  • Schools School Year From: 2023
  • Schools School Year To: 2024
Eco-Communities
  • Water: City Water
Utilities
  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Sewer - City
  • Utilities: Cable Available, Electric Available
Finance and Tax Information
  • Homestead: No
  • Home Owners Association: No
  • Tax Year: 2024
  • Terms Available: Cash, Conventional, FHA, Other - See Remarks
Other Features
  • Current Zoning: Other - Not Hernando
  • Equipment And Applicances: Dryer, Freezer, Microwave, Oven/Range-Electric, Refrigerator, Washer
  • Exclusions Y/N/Unknown: No
  • Interior Features: Blinds, Drapes, Laundry Closet
  • Legal Description: YOUNG'S SUB DE LUXE BLK 9, LOTS 9 & 10 (SEE N18-27-16)
  • Sinkhole Report: Unknown
  • Sinkhole: Unknown
  • Special Info: Furnished, Sold As Is
  • The Range: 16
  • Views: 58

Contact Info

Headshot for Associate Todd LoCascio
  1. Todd LoCascio, REALTOR ®
  2. Tropic Shores Realty
  3. I work hard for you!
  4. Mobile: 352.251.6677
  5. Mobile: 352.251.6677
  6. 352.251.6677
  7. toddlocascio62@gmail.com
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