2571 CYPRUS DRIVE, #1-105, Palm Harbor, FL, 34684 | $189,900

Charming Waterfront Condo in Lake Tarpon Villas - Perfect Investment or Getaway! Discover this adorable 1-bedroom, 1-bath, First Floor condo in the sought-after Lake Tarpon Villas community! Nestled along the waterfront, this unit offers serene canal views and access to the stunning Lake Tarpon, where breathtaking sights await every turn. Lake Tarpon is controlled by the Army Corp of Engineers so no flooding here and Flood insurance not needed as FEMA has this in an X Zone per the LOMA Letter. Recently updated, this condo features new flooring, an updated Kitchen with newer cabinetry, stainless steel appliances and stone countertops-all designed for comfort and style. Launch your boat at A. L. Anderson Park, just 1. 5 miles away. This is Investment Friendly! Short-term rentals are allowed with association approval, making this a fantastic income-generating opportunity. Enjoy the low monthly Maintenace fee of just 450 that includes basic cable, internet, water, sewer and trash-a great value for waterfront living! This community is close to shopping, dining, and the awesome Fred Howard Beach, Sunset Beach and the world-famous downtown area of the Tarpon Springs Sponge Docks! Whether you're looking for a vacation retreat, investment property, or full time residence, this condo is a must see!

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Inside
  • Complex: LAKE TARPON VILLAS CONDO
  • Year Built: 1996
  • Approx Sq. Feet: 675
  • Acreage: 3.5
  • Est. Taxes: $2,711
  • Condo Fee: $450 Monthly
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Electric Water Heater
  • MLS#: TB8363537
  • Days on Market: 18 days
  • Website: https://www.raveis.com
    /prop/TB8363537/2571cyprusdrive_palmharbor_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/15/2025 10:17:09 PM)
Listing courtesy of RE/MAX REALTEC GROUP INC   Phone: 727-789-5555

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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2571 CYPRUS DRIVE, #1-105, Palm Harbor, FL, 34684

$189,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $151,920 $151,920 $151,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.152%
Monthly Tax Payment $226 $226 $226
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $960 $998 $1,272
Total Monthly Payment $1,261 $1,299 $1,573

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.