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232 Cypress Street

TARPON SPRINGS, FL 34689
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Bed 6

Bed

Bath 4

Bath

SqFt2,217

Sqft

Acres0.12

Acre(Lot)

Price Drop! INCOME-PRODUCING DUPLEX IN DOWNTOWN TARPON SPRINGS! This charming two-story multi-family home on a corner lot offers two spacious 3-bedroom units in the heart of downtown Tarpon Springs, close to the world-famous Sponge Docks, local theater, boutique shopping, and the Pinellas Trail. Approximately $60K in renovations completed in 2023. Roof replaced July 2020. UNIT 1 (GROUND FLOOR): 3 bedrooms, 2 full bathrooms including an en-suite primary bedroom. Features Gree mini-split system with dedicated head units in each bedroom (installed 2023), plus a Daikin head unit in the main living area. Kitchen includes stone countertops and wood cabinetry. Updated with Frigidaire stainless steel appliances (refrigerator, range, microwave, dishwasher – 2023). Tiled showers. New blinds and w asher/dryer. Wood flooring with tile in kitchen and bathrooms. Private deck (approx. 150 sqft) and covered front porch (approx. 180 sqft). UNIT 2 (UPPER FLOOR): 3 bedrooms, 1.5 bathrooms with separate entrance and Venetian plaster entryway. Includes Mitsubishi mini-split systems. Kitchen features stone countertops and wood cabinetry. Tiled showers. Spacious layout with natural light. Wood flooring with tile in kitchen and bathrooms. Private front porch (approx. 28 sqft). MAJOR IMPROVEMENTS: Foundation reinforced (March 2023) with Smart Jack support system and supplemental beam, with transferable warranty. Both units professionally painted. Updated appliances, blinds, and washer/dryer in Unit 1. Landscaping includes pavers, decorative rock, palm trees, and sprinkler system. 9-camera security system with CAT6 wiring. FLEXIBLE LIVING OPTIONS: Property is currently configured as a duplex with separate entrances and living spaces. Suitable for a variety of living arrangements. Separate electric meters each unit; single water meter. AREA ACTIVITY: Tarpon Springs continues to see reinvestment and development activity. Proposed and ongoing projects in the area include boutique hospitality and residential development. Buyer to verify all information. LOCATION HIGHLIGHTS: Approximately 1 block from the Pinellas Trail. Close to Safford Fitness Park (pickleball courts), Live Oak Recreation Complex (splash park, playground, kayak launch, and dog park), the Sponge Docks, Anclote River, Craig Park, and downtown shops and restaurants. PROPERTY FEATURES: Vinyl siding. Flood zone designation shown as Zone X; buyer to verify. Corner lot with on-site parking for approximately 6 vehicles. Storage shed (approx. 120 sqft). INCOME HISTORY: Most recent rental income was $4,095/month ($49,140 annually) based on prior lease rates. Property currently vacant. All financial information is based on seller-provided historical data and is for informational purposes only. Buyer to independently verify all income, expenses, and property details.

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Detail Ic Property Details

Property Type : Residential

Price : $575,000

AD Id : 76798230

MLS Id : MFRL4960836

Beds : 6

Lot Size : 0.12 Acre

Living Area Size : 2,217

Year Built : 1909

County : Pinellas

Subdivision: Websters Sub Mrs C D

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Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Interior Features

    Window Treatments Roof: Shingle Appliances: Dryer, Range, Refrigerator, Washer Laundry Features: Inside

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Luxury Vinyl Construction Materials: Vinyl Siding
  • Heating & Cooling

    Heating: Other Cooling: Mini-Split Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1909
  • Exterior Features

    Sidewalk, Storage Construction Materials: Vinyl Siding Foundation Details: Pillar/Post/Pier

  • Lot Information

    Lot Dimensions: 71x75 Lot Square Feet: 5340 Lot Acres: 0.12 Lot Size (SqMt): 496

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$595000

  • Tax Information

    Tax Block: 0 Tax Book Number: 4-29 Tax Lot: 1 Tax Legal Description: WEBSTER'S SUB, MRS. C.D. N 71.25FT OF LOT 1 & E 26 FT OF N 71.25FT OT LOT 2 Annual Tax: $7440.7 Tax Year: 2025 Parcel Number: 12-27-15-95508-000-0011

  • Utility Information

    Electricity Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: WEBSTERS SUB MRS C D City: TARPON SPRINGS Direction: From US-19, take Tarpon Ave west ? turn right on N Ring Ave ? turn left on Cypress St ? property is on the corner.
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1725 River Watch Boulev.., Tarpon Springs, FL, 34689 $799,900 3 2 2,139 2,139 SqFt
39820 Us Highway 19 #199, Tarpon Springs, FL, 34689 $124,900 2 2 989 989 SqFt
39820 Us Highway 19 #153, Tarpon Springs, FL, 34689 $119,000 2 2 1,152 1,152 SqFt
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ByOwner last updated this listing 06/20/2026 @ 06:20

MLS: MFRMLS #L4960836 LISTED BY: Cheri Aumond-McLean, TEACHER NEXT DOOR, PLLC 800-989-3550 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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