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1812 POINSETTIA AVENUE Tarpon Springs, FL $ 449,900
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1812 POINSETTIA AVENUE
$ 449,900
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1812 POINSETTIA AVENUE

Tarpon Springs, FL, 34689
$ 449,900
Bedrooms4 Baths2.0 Sq 1,679

Monthly Estimate*

$ 2,770

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Multi-Family Home for sale in Tarpon Springs, FL

for $449,900 with 4 bedrooms and 2 full baths. This 1,679 square foot home was built in 1987 on a lot size of 0.22.

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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Multi-Family Active

Price

$ 449,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,746

Style

Duplex

Lot Size

0.22

Year Built

1987

Town/City

Tarpon Springs

County/Region

Pinellas

MLS | Web ID

TB8510924
Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Street Lights Water - Multiple Meters Water Available
Roof Shingle
Appliances Built-In Oven Disposal Electric Water Heater Exhaust Fan Ice Maker Range Range Hood Refrigerator
Zoning R-4
Patio/Porch Features Porch
Security Features Security Lights Smoke Detector(s)
Construction Materials Wood Frame
Pets Allowed Yes
Year Built 1987
Tenant Pays Electricity Water
View Trees/Woods
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Gross Income 38400
County Pinellas
New Construction false
Property Type Residential Income
Subdivision Name ALTA VISTA SUB
Garage Y/N false
Green Indoor Air Quality Air Filters MERV 10+ Ventilation
Other Structures Shed(s)
Status Active
Directions Take US 19 to Alt 19 and head West. Turn left on Oakmont Ave/Plaza Drive Turn left on Poinsettia Avenue. Poinsettia Avenue dead ends at Berkley Avenue and is not accessible from Berkley Avenue.
High School Tarpon Springs High-PN
City TARPON SPRINGS
Senior Community Y/N false
Number Of Units Total 2
MLS Area 34689 - Tarpon Springs
Lot Size Units Square Feet
Lot Size Square Feet 9775
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Elementary School Tarpon Springs Elementary-PN
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 5746
Middle/Junior High School Tarpon Springs Middle-PN
Ok to Lease >6 Months <12
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8510924
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 9
Total Actual Rent 3200
Legal Description ALTA VISTA SUB BLK B LOTS 9 10 AND 11
Water Access Y/N false
Additional Rooms Inside Utility
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) High Ceilings Living Room/Dining Room Combo Solid Surface Counters Thermostat Vaulted Ceiling(s)
Flooring Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Fenced Rain Gutters Storage
Parking Features Off Street
Lot Features Unincorporated
Water Source Public
Lot Size Area 9775
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 1766
Lot Dimensions 75 x 130
Lot Size Acres 0.22
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Road Frontage Type Private Road
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* Excluded Features
List By
You First Realty And Assoc Llc

Broker

youfirstrealty@yahoo.com

Email

Affordability Calculator

$3,249
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,770
Monthly Property Taxes
$479
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Tarpon Springs High-PN High School High School
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Pricing History
Date Price Price Change Description
5/21/2026 $449,900 Listed Price

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1812 POINSETTIA AVENUE, Tarpon Springs, FL, 34689 is a Multi-Family Home for sale at $449,900 with 1,679 sqft and a lot size of 0.22. 1812 POINSETTIA AVENUE has 4 bedrooms, 2.0 baths, and was built in 1987. The property's zip code is 34689 which is in Tarpon Springs, FL

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