$375,000

723 W BAYSHORE DRIVE, Tarpon Springs, FL 34689

  • 3 beds |
  • 3 baths |
  • 2,212 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $170/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Investor Special in Tarpon Springs – Prime Location with Major Potential Bring your vision to this rare opportunity in the heart of highly desirable Tarpon Springs. This spacious 3-bedroom, 3-bathroom property offers over 2,000 square feet of living space, plus a semi-attached mother-in-law suite (ADU), perfect for multi-generational living, rental income, or a value-adding renovation project. Built in 1959, this home defies the expectations of its era. The main home features a massive eat-in kitchen, double French doors that separate the kitchen and living room, ensuite bathrooms in every bedroom, and deep closets throughout. The ADU is connected to the main home via a screened-in lanai and includes a private entrance, kitchenette, full bath, and window AC unit, while the rest of the home is serviced by central air. The property sits on a fully fenced lot with mature landscaping and includes a shed in the back corner for additional storage. The electrical system has been updated, and the water heater is newer. This is a true fix-and-flip opportunity. The interior will require upgrades including paint, baseboards, and likely a new roof and AC unit. However, with no rental restrictions, a savvy investor could flip for profit or hold as a long-term or Airbnb rental. There is no garage, but the property includes a driveway for parking. The neighborhood features sidewalks and paved streets, with a vacant lot next door that will not be developed and a brand-new home directly across the street, adding to the area's rising value. Centrally located near Tarpon Springs’ iconic Sponge Docks, beautiful beaches, and with easy access to major highways, this property is ideal for investors seeking location, layout, and income potential. Cash buyers only.

Listing Status:
Active
Date Added:
June 26, 2025 at 05:00AM
Listing Office:
DALTON WADE INC : 888-668-8283
Listing Agent:
Jenn Ott : 727-858-8153
MLS ID:
W7876563
  • General: Ceiling Fan(s)Eating Space In KitchenWalk-In Closet(s)
  • Appliances: Other
  • Laundry: Electric Dryer HookupLaundry Closet
  • Flooring: Other
  • A/C: Central AirWall/Window Unit(s)
  • Heating: Heat Pump

This listing courtesy of Jenn Ott, DALTON WADE INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sunset Hills Elementary

1347 Gulf Rd, Tarpon Springs, FL, 34689

Grades PK-5

0.67 miles away

T

Tarpon Springs Middle School

501 N Florida Ave, Tarpon Springs, FL, 34689

Grades 6-8

0.22 miles away

T

Tarpon Springs High School

1411 Gulf Rd, Tarpon Springs, FL, 34689

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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