121 BAY STREET, Tarpon Springs, FL, 34689
About This Home
Waterfront Duplex with Beautiful Lake Views in the Heart of Tarpon Springs! Discover this charming and well-maintained duplex offering a peaceful waterfront setting with serene lake views. Each cozy unit features a comfortable layout filled with natural light, creating a warm and inviting atmosphere. Whether you’re looking for an income-producing investment, an owner-occupied property with rental income, or a multi-generational living opportunity, this property offers exceptional flexibility. Unit A is vacant and move-in ready, while Unit B is tenant occupied, providing immediate rental income. Conveniently located just minutes from the famous Sponge Docks, downtown Tarpon Springs, shopping, restaurants, parks, beaches, and major roadways. Enjoy the perfect combination of waterfront living, investment potential, and Florida charm!
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1953
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Convection Oven,Cooktop,Dishwasher,Electric Water Heater,Microwave
- Laundry features: Inside
Bedroom2
- Features: Built-in Closet
- Level: First
- Area: 100
- Dimensions: 10x10
Bedroom3
- Features: Built-in Closet
- Level: First
- Area: 72
- Dimensions: 9x8
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Eating Space In Kitchen,Kitchen/Family Room Combo,Open Floorplan,Solid Surface Counters,Solid Wood Cabinets
- Flooring: Laminate
- Common walls with other units/homes: Corner Unit
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
Kitchen
- Level: First
- Area: 35
- Dimensions: 7x5
Living Room
- Features: No Closet
- Level: First
- Area: 144
- Dimensions: 12x12
Primary Bedroom
- Features: Built-in Closet
- Level: First
- Area: 110
- Dimensions: 10x11
Property
Details
- Parcel number: 122715959400060061
- Zoning: RESI
- Special condition: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Other
- Exterior features: Garden
- Has view: Yes
- View description: Water,Bayou
- Has water view: Yes
- Water view: Water,Bayou
Lot
- Lot size: 5,249 sqft
- Features: Corner Lot
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Lightning
- Cold Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Pinellas County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,171 | $26,052 |
| Home Insurance * | $633 | $7,596 |
| Property Taxes | $669 | $8,028 |
| Electricity | $197 | $2,366 |
| Total | $3,670 | $44,040 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $429,500 |
| 2025-10-16 | Listing removed | $1,650 |
| 2025-09-26 | Listed for rent | $1,650 |
| 2024-12-31 | Sold | $205,000 |
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