TARPON SPRINGS, FL 34689 223 BATH STREET

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Presented By: COLDWELL BANKER REALTY with 727-781-3700. - 727-781-3700
  • MLS# TB8322463
  • 12/04/2024
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  • Beds • 6
  • Baths • 3
  • SQFT • 2,132

Home Details

IMPROVED PRICE & SUBSTANTIAL IMPROVEMENT (SI) EXEMPT: Historic Structure Designation Avoids 50% Rule Restrictions Power & AC Restored | Prime Tarpon Springs Multi-Unit Income Opportunity This property qualifies as a historic structure under the National Flood Insurance Program (NFIP) and is exempt from Substantial Improvement (SI) requirements (FEMA 50% Rule)—a key advantage for investors planning renovations or repositioning. Letter and links in attachments. Located in the high-demand Fruit Bowl neighborhood of Tarpon Springs, this versatile multi-unit property presents a compelling opportunity with $55,000+ projected annual revenue and $20,000+ in net income, with upside for increased returns through value-add improvements or short-term rental conversion. Property Highlights: • Three income-producing units o 223 Bath St: 2 Beds | 1 Bath | Washer/Dryer hookup potential o 225 Bath St: 3 Beds | 1 Bath | Generous layout o The Hideaway: 1 Bed | 1 Bath | Recently renovated | Private entrance • 2,153 sq. ft. heated | Nearly 3,000 gross sq. ft. • Three covered carports | Each unit with designated parking • Offered AS IS, providing flexibility for contractor updates (water impact from prior storm event) Why Investors Take Notice: • Historic exemption—no FEMA 50% Rule cap • Walkable lifestyle appeal in one of Tarpon Springs’ most charming and established neighborhoods • Strong rental demand and multiple configurations: long-term income or owner-occupant with rental income, • Utilities operational—power and HVAC have been restored This property combines location, cash flow potential, and long-term value, making it an ideal fit for investors seeking both immediate returns and future appreciation in the high-demand Fruit Bowl neighborhood in Tarpon Springs.
Presented By: COLDWELL BANKER REALTY with 727-781-3700. - 727-781-3700

Interior Features for 223 BATH STREET

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Furnished Y/Nunfurnished
Heating Y/NYes
Interior Amenitiesninguno
Laundry Featuresnone

General for 223 BATH STREET

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Spaces3
Carport Y/NYes
Citytarpon springs
Construction Materialsbrick
Coolingcentral air
Countypinellas
Directionsfrom pinellas ave. (alt 19) turn west boyer st. make right onto bath st.
DockY/NNo
Elementary Schooltarpon springs elementary-pn
Flood Zone Codeae
Garage Y/NNo
Gross Income55000
HOANo
Heatingcentral
High Schooltarpon springs high-pn
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptiontarpon springs official map blk 74, n 60 ft of s 120ft of w 1/2 of lot 1 (map n13-27-15)
Levelstwo
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet8612
Lot Size Unitssquare feet
MLS Area34689 - tarpon springs
Middle/Junior High Schooltarpon springs middle-pn
ModificationTimestamp2025-06-09t21:45:50.490z
New ConstructionNo
Number Of Units Total3
Ownershipfee simple
Pets Allowedyes
Property Attached Y/NYes
Property Conditionfixer
Property Subtypetriplex
Property Typeresidential income
Roofmetal
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nametarpon spgs official map
Tax Annual Amount5065.53
Tax Lot1
Tax Year2023
Tenant Payselectricity, trash collection
Utilitiescable available, cable connected, electricity available, electricity connected, sewer available, sewer connected, water available, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1925
Zoningr-60

Exterior for 223 BATH STREET

Building Area Total2953
Covered Spaces3
Exterior Amenitiessidewalk
Foundation Detailsother
Lot Dimensions60 x 143
Lot Featuresflood insurance required, city lot, sidewalk
Lot Size Acres0.2
Lot Size Area8612
Number of Buildings2
Private PoolNo
Road Frontage Typestreet paved
Road Surface Typepaved, asphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Tarpon Springs Middle-PN
High School Tarpon Springs High-PN
Elementary School Tarpon Springs Elementary-PN

Andre LaFountain

Realtor / Coach
Price $399,000
MLS#TB8322463
List Date 12/04/2024
Property Type Income
Phone 518.569.7173
Request Tour
Request Info
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Location
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