1812 Poinsettia Avenue, Tarpon Springs, FL 34689
Local realty services provided by:CENTURY 21 Alliance Realty Group
Listed by: ramez lahham
Office: you first realty and assoc llc.
MLS#:TB8510924
Source:MFRMLS
Price summary
- Price:$449,900
- Price per sq. ft.:$254.76
About this home
This beautifully maintained duplex offers strong income potential, flexible rental options, and an ideal location on a private road at 1812 Poinsettia Ave. Each unit features 2 bedrooms, 1 full bathroom, mirrored layouts, and spacious floor plans designed for comfortable living.
A major renovation completed in 2015 brought extensive updates throughout both units, including central HVAC systems (2014) with interior air handlers and exterior compressors, updated electrical receptacles, lighting fixtures, switches, ceiling fans, appliances, kitchen and bathroom cabinetry, countertops, interior plumbing drain lines, shower valves, faucets, sinks, and durable tile and laminate flooring throughout (no carpet). Additional improvements included a new roof (2014), fresh interior and exterior paint, and a backyard storage shed.
More recent updates enhance the property even further, including new double-pane windows (2024), new water heaters (2026), luxury vinyl plank flooring (2022), updated interior paint (2022), new ceiling and light fixtures, and a brand-new vinyl fence. Separate water and electric meters provide added convenience and efficiency for both owners and tenants.
Currently operating as a successful mid-term rental, the property generates approximately $65,622 in gross annual income, with an estimated net income of approximately $29,000 annually at 85% occupancy, leaving room for future upside potential. Investors also have the flexibility to transition to traditional annual leases, with projected rental income of approximately $1,600 per month per unit, equating to an estimated $38,400 in gross annual income. Furnishings may be available for purchase, offering a potential turnkey investment opportunity for buyers looking to continue the mid-term rental operation.
Perfect for both seasoned investors and first-time rental property owners, this duplex offers the flexibility to live in one unit while generating income from the other, or maximize cash flow by leasing both units.
Ideally located between US-19 and Alternate 19, and just minutes from historic downtown Tarpon Springs, residents enjoy convenient access to beaches, parks, fishing, the Pinellas Trail, shopping, dining, entertainment, and everyday conveniences. Nearby attractions include Fred Howard Park, plus easy access to grocery stores, restaurants, public transportation, and more.
Don’t miss this opportunity to own a well-maintained, income-producing property in one of Tarpon Springs’ most desirable and rapidly growing areas!...
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Home facts
- Year built:1987
- Listing ID #:TB8510924
- Added:6 day(s) ago
- Updated:May 27, 2026 at 01:29 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Flooring:Tile, Vinyl
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Built-In Oven, Disposal, Exhaust Fan, Ice Maker, Range, Range Hood, Refrigerator, Solid Surface Counters
- Bedroom Description:High Ceilings
- Living area:1,679 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1987
- Building area:1,679 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Private, Unincorporated
- Construction Materials:Frame
- Exterior Features:Fence, Porch, Rain Gutters
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Tarpon Springs High-PN
- Middle school:Tarpon Springs Middle-PN
- Elementary school:Tarpon Springs Elementary-PN
Utilities
- Water:Public, Water - Multiple Meters, Water Available
- Sewer:Septic Tank
Finances and disclosures
- Price:$449,900
- Price per sq. ft.:$254.76
- Tax amount:$5,746 (2025)
Features and amenities
- Appliances:Built-in Oven, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Range, Range Hood, Refrigerator
- Laundry features:Laundry Closet
- Amenities:Cable Connected, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Thermostat, Vaulted Ceiling(s)
- Pool features:Public Pool
Parking
- Parking description:Off Street
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