Multi-Unit Income Property in Prime Tarpon Springs Location
Flexible Zoning | Walkable Lifestyle | Rental Income Potential
Discover a rare opportunity in the heart of Tarpon Springs’ beloved Fruit Bowl neighborhood. This multi-unit income property offers $55,000+ in projected annual revenue and nearly $20,000 in net income—with potential for even more. A smart choice for investors, owner-occupants, or short-term rental entrepreneurs looking for flexibility and long-term upside.
The Property Includes Three Separate Units:
223 Bath St – 2 Beds | 1 Bath | Washer/Dryer Hookup Potential
225 Bath St – 3 Beds | 1 Bath | Spacious Layout
The Hideaway – 1 Bed | 1 Bath | Recently Renovated, Private Entry
With a total of 2,153 sq. ft. of living space (nearly 3,000 sq. ft. gross) and flexible zoning that supports rental use, this property provides a canvas for both creativity and profitability.
Each unit has its own covered carport, and the property is offered AS IS, allowing you to customize to your needs. Storm-related water impact was addressed—power and A/C restored by seller, so you're ready to move forward.
Peter Ripa
Coldwell Banker Realty
Mobile
(858) 999-6576
Listing Courtesy of STELLAR / Coldwell Banker Realty / Peter Ripa
$374,900
Tarpon Springs Area Single Family Home
Active
603 Virginia Avenue Tarpon Springs, FL 34689
3 Bed
2 Baths
2034 sqft
MLS# TB8322343
BACK ON THE MARKET. The investors' plan did not fit. Your opportunity to restore and reimagine – Stunning Whitcomb Bayou Views. Seize the opportunity to create your dream home or investment property in a prime location. This 3-bedroom, 2-bath corner-lot home overlooks Whitcomb Bayou and offers endless potential. The Florida Room can convert into a fourth bedroom, while the spacious driveway and shed provide ample parking and storage. Opened to the studs after recent water impact, this blank canvas is ready for your vision. With no HOA, you have the freedom to customize as you wish. Enjoy serene water views and easy access to Craig Park’s boat launch, leading to the Anclote River and Gulf of Mexico. Just minutes from historic downtown Tarpon Springs, the iconic sponge docks, beaches, and the Pinellas Trail, this location is ideal for outdoor and waterfront enthusiasts. Recent updates include a 2017 roof, 2021 Carrier HVAC, and 2019 Rheem tankless water heater. Don’t miss this rare opportunity to restore and add value. Schedule your showing today!
Peter Ripa
Coldwell Banker Realty
Mobile
(858) 999-6576
Listing Courtesy of STELLAR / Coldwell Banker Realty / Peter Ripa
$265,000
Tarpon Springs Area Condominium
Pending
102 Mariner Drive Tarpon Springs, FL 34689
2 Bed
2 Baths
1280 sqft
MLS# TB8342130
Corner Residence with Gulf Views & Boating Access. Discover the perfect blend of privacy, breathtaking Gulf views, and resort-style living in this 2-bedroom, 2-bathroom corner residence in the gated community of Mariner Village. Whether you're seeking a full-time retreat, seasonal getaway, or investment opportunity ($2,500+/month rental potential), this home offers an unparalleled waterfront lifestyle at an exceptional value. The combination of prime corner location and wrap-around patio allows for abundant natural light, stunning Gulf views and amazing sunsets. An open split floor plan provides both comfort and easy hosting. Freshly updated with new flooring & paint (2023) plus newer A/C (2017) & water heater (2022). No storm damage, no flood claims—peace of mind in waterfront homeownership. Resort-style amenities for an active coastal lifestyle include boat slips with direct gulf access available for rent, a rare perk at this price point. Relax and socialize in the heated pool. Tennis & pickleball courts with groups meeting 3X/week. Explore the beauty of the gulf with the private kayak launch & nature trail. Minutes to the Famous Sponge Docks, Pinellas Trail & beaches. Less than 2 miles from Innisbrook Golf Resort, home of the PGA TOUR’s Valspar Championship. Convenient to Tampa & Airports – Just 30-45 minutes. Your Gulf Coast Retreat Awaits – Don’t Miss This Rare Opportunity!
Waterfront living at this price is rare—schedule your private tour today and experience why Mariner Village is one of Tarpon Springs’ best-kept secrets!
Peter Ripa
Coldwell Banker Realty
Mobile
(858) 999-6576
Listing Courtesy of STELLAR / Coldwell Banker Realty / Peter Ripa