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    160 Read Street

    Tarpon Springs, FL 34689
    • $2,900,000
    • STATUS: Active
    • ON SITE: 104 days
    • MLS #: U8094083
    UPDATED: 57 min ago
    $2,900,000
    • 17
      BEDS
    • 2
      ACRES
    • 15
      BATHS
    • 2
      1/2 BATHS
    • 14,055
      SQFT
    • $206
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1926
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    WOW!! Calling all INVESTORS, BUILDERS & DEVELOPERS!! Here is your UNIQUE OPPORTUNITY to own 2 Acres in Downtown, Historic Tarpon Springs! 6 Contiguous Properties on over Half of a City Block with Spectacular Views Overlooking Spring Bayou, that will lead you out to the Gulf of Mexico! Within just a Short Walking Distance to The Historic Downtown Tarpon Springs and World Famous Sponge Docks with Amazing Waterfront Restaurants and Shopping, along with Craig Park, which surrounds Spring Bayou and has a Community Boat Launch Ramp! Wet & Dry Boat Storage are also available within Walking Distance. This Total Property Package has Endless Potential ~ Just Given the Current Structures alone, which includes The Historic, First Baptist Church, Built in 1926, that has been Structurally Reengineered and Redesigned into an Exquisite and Amazing Estate Home, Ready to be Completed with your Very Own Finishing Touches! This Property also comes with built in Rental Income from the existing FourPlex, Triplex and 3 Single Family Homes located on the property, all currently leased on a month to month agreement that can be renewed or ready to bring in New Tenants! There is also enough vacant land to build additional Income Properties, which the City of Tarpon has already approved for an additional 7 units! Or if you are the right Buyer/Contractor, you might take advantage of even a greater potential project that could include Total Redevelopment into 17 New Townhomes! Detailed next, are the 6 properties that are included to be sold in this Total Property Package:1.) 160 Read St. ~ Expansive Single Family Home, divided into Two, Independent Living Spaces. Approximately $850K invested in Near-Complete Redevelopment into Two, High-End Living Spaces. 5 Bedrooms, 5 Full Baths & 2 Half Baths ~ 7,041 sq. ft. Living Space with 3,500 sq. ft. Garage/Workshop on Ground Level that will Accommodate up to 12 Vehicles. Major Redevelopment project completed by current owner in 2014-2016, which utilized SIP's Construction and all Steel Structural Members, the building is Simply Incredible & Essentially Termite-Proof! New Roof in 2016, Pre-wired for Solar Panel Installation and all Bedrooms are Master Bedrooms! Tiltco Premium Hurricane Rated, Triple Pane Windows and Doors are Beautiful and Eliminate ALL external noise and are HUGE Energy Savers! Centrally located Elevator serves both Units and the Former Bell Tower is PERFECT to catch all the Sunrises and Sunsets! 2.) 158 Read St. ~ 1 Bedroom/1 Bath Cottage with Attached Carport. New Kitchen and Bath in 2011 and is 616 sq. ft.3.) 154 Read St. ~ 1 Bedroom/1 Bath Craftsman Style Home with Attached Carport. Last Updated by Previous Owner around 2005. Bonus Room could be used as a 2nd Bedroom. Heart Pine and Tile flooring throughout and is 780 sq. ft.4.) 140 Read St. ~ 2 Bedroom/1 Bath Single Family Home with Detached Carport and Workshop. New Tile throughout in 2009 and home has 2 Bonus Rooms, a Screened Lanai and a Fenced-in Back Yard. This home is 1,340 sq. ft.5.) 404 Canal St. ~ Fourplex ~ Four 1 Bedroom/1 Bath Apartments. 2 of the units have been partially Remodeled and a New Roof was put on within the last 4 Years. This Fourplex is 2,550 sq. ft.6.) 125 W. Park St. ~ Triplex ~ One 2 Bedroom/1 Bath Apartment and Two 1 Bedroom/1 Bath Apartments. All 3 Units have been remodeled within the last 5 years & New Roof within the last 4 years. This Triplex is 1,728 sq. ft.

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    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-11-25T07:40:13.497.
    www.buysellrabell.com/homes/108801951
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    160 Read Street Tarpon Springs, FL 34689

    • Price: $2,900,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: U8094083
    17
    Beds
    15
    Baths
    2
    ½ Baths
    2
    Acres
    14,055
    SQFT
    $206
    $/SQFT
    1926
    Built
    Neighborhood:
    Cheyneys J K Sub
    County:
    Pinellas
    Area:
    Tarpon Springs
    Elementary School:
    Tarpon Springs Elementary-Pn
    Middle School:
    Tarpon Springs Middle-Pn
    High School:
    Tarpon Springs High-Pn
    Property Description
    WOW!! Calling all INVESTORS, BUILDERS & DEVELOPERS!! Here is your UNIQUE OPPORTUNITY to own 2 Acres in Downtown, Historic Tarpon Springs! 6 Contiguous Properties on over Half of a City Block with Spectacular Views Overlooking Spring Bayou, that will lead you out to the Gulf of Mexico! Within just a Short Walking Distance to The Historic Downtown Tarpon Springs and World Famous Sponge Docks with Amazing Waterfront Restaurants and Shopping, along with Craig Park, which surrounds Spring Bayou and has a Community Boat Launch Ramp! Wet & Dry Boat Storage are also available within Walking Distance. This Total Property Package has Endless Potential ~ Just Given the Current Structures alone, which includes The Historic, First Baptist Church, Built in 1926, that has been Structurally Reengineered and Redesigned into an Exquisite and Amazing Estate Home, Ready to be Completed with your Very Own Finishing Touches! This Property also comes with built in Rental Income from the existing FourPlex, Triplex and 3 Single Family Homes located on the property, all currently leased on a month to month agreement that can be renewed or ready to bring in New Tenants! There is also enough vacant land to build additional Income Properties, which the City of Tarpon has already approved for an additional 7 units! Or if you are the right Buyer/Contractor, you might take advantage of even a greater potential project that could include Total Redevelopment into 17 New Townhomes! Detailed next, are the 6 properties that are included to be sold in this Total Property Package:1.) 160 Read St. ~ Expansive Single Family Home, divided into Two, Independent Living Spaces. Approximately $850K invested in Near-Complete Redevelopment into Two, High-End Living Spaces. 5 Bedrooms, 5 Full Baths & 2 Half Baths ~ 7,041 sq. ft. Living Space with 3,500 sq. ft. Garage/Workshop on Ground Level that will Accommodate up to 12 Vehicles. Major Redevelopment project completed by current owner in 2014-2016, which utilized SIP's Construction and all Steel Structural Members, the building is Simply Incredible & Essentially Termite-Proof! New Roof in 2016, Pre-wired for Solar Panel Installation and all Bedrooms are Master Bedrooms! Tiltco Premium Hurricane Rated, Triple Pane Windows and Doors are Beautiful and Eliminate ALL external noise and are HUGE Energy Savers! Centrally located Elevator serves both Units and the Former Bell Tower is PERFECT to catch all the Sunrises and Sunsets! 2.) 158 Read St. ~ 1 Bedroom/1 Bath Cottage with Attached Carport. New Kitchen and Bath in 2011 and is 616 sq. ft.3.) 154 Read St. ~ 1 Bedroom/1 Bath Craftsman Style Home with Attached Carport. Last Updated by Previous Owner around 2005. Bonus Room could be used as a 2nd Bedroom. Heart Pine and Tile flooring throughout and is 780 sq. ft.4.) 140 Read St. ~ 2 Bedroom/1 Bath Single Family Home with Detached Carport and Workshop. New Tile throughout in 2009 and home has 2 Bonus Rooms, a Screened Lanai and a Fenced-in Back Yard. This home is 1,340 sq. ft.5.) 404 Canal St. ~ Fourplex ~ Four 1 Bedroom/1 Bath Apartments. 2 of the units have been partially Remodeled and a New Roof was put on within the last 4 Years. This Fourplex is 2,550 sq. ft.6.) 125 W. Park St. ~ Triplex ~ One 2 Bedroom/1 Bath Apartment and Two 1 Bedroom/1 Bath Apartments. All 3 Units have been remodeled within the last 5 years & New Roof within the last 4 years. This Triplex is 1,728 sq. ft.
    Exterior Features

    Attached Garage Yn Yes Carport Yn No Construction Materials BlockStucco Direction Faces West Exterior Features BalconyFrench DoorsRain GuttersSidewalkSliding Doors Foundation Details Slab Lot Features Historic DistrictNear MarinaOversized LotStreet Brick Other Structures Additional Single Family Home Parking Features OversizedSplit GarageUnder BuildingWorkshop in Garage Patio And Porch Features Front PorchPatio Pool Private Yn No Roof Tile View Water Water Access Yn No Water Body Name Spring Bayou Water Extras Yn No Water View BayouIntracoastal Waterway Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Additional Rooms AtticBonus RoomDen/Library/OfficeFamily RoomInside UtilityInterior In-Law SuiteLoftStorage Rooms Appliances Gas Water HeaterRangeRefrigerator Building Elevator Yn Yes Cooling Central Air Fireplace Features Gas Fireplace Yn Yes Flooring Other Heating CentralElectric Interior Features Cathedral Ceiling(S)ElevatorKitchen/Family Room ComboOpen FloorplanWalk-In Closet(S) Levels Two Room Count 4 Rooms Kitchen (14x16 First) Dining Room (12x14 First) Living Room (16x39 First) Master Bedroom (16x17 First) Sewer Public Sewer Stories Total 3 Water Source Public

    Property Features

    Additional Lease Restrictions Please Verify Leasing Restrictions With The City Of Tarpon Springs. Additional Parcels Yn Yes Association Approval Required Yn No Association Yn No Available For Lease Yn Yes Cdd Yn No DPR Yes Flood Zone Code Ae Garage Yn Yes Homestead Yn Yes Listing Terms CashConventional Minimum Lease 6 Months New Construction Yn No Num Of Own Years Prior To Lse 0 Property Sub Type Single Family Residence Realtor Info Sold As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 24339.51 Tax Year 2019 Utilities Bb/Hs Internet AvailableCable AvailableElectricity AvailableNatural Gas AvailablePublicStreet LightsWater Available Yrs Of Owner Prior To Leasing Re No


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Coastal Properties Group.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-11-25T07:40:13.497.
     
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    Rabell Realty Group
    5213 SW 91st Terrace Suite A
    Gainesville FL, 32608