$378,000
116 Read Street
Tarpon Springs, FL 34689
Listing updated: June 24, 2026 at 10:10 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Under contract-accepting backup offers. Rare opportunity in the heart of the Tarpon Springs Historic District — and one of the only pockets in the city where short-term rentals are fully permitted. Welcome to 116 Read St, a beautifully maintained home that pairs authentic Florida character with turnkey, income-ready flexibility. Set on a tree-lined street just minutes from the world-famous Sponge Docks, vibrant downtown Tarpon Springs, and the Gulf Coast's most scenic parks and beaches, this home offers something most listings can't: a coveted historic-district address with no HOA and genuine STR earning potential. Whether you're an investor seeking a high-demand vacation rental, a buyer looking to offset living costs, or someone who simply wants a charming primary residence in a one-of-a-kind neighborhood, this property delivers. Step inside to a bright, open layout anchored by gorgeous polished terrazzo flooring throughout. Sun-filled living spaces, a well-appointed kitchen with ample cabinetry, and comfortable, privacy-minded bedrooms make the home as livable as it is welcoming — perfect for hosting guests or savoring a quiet morning coffee. Major-ticket items are already handled: roof and water heater are both 2023, and the electrical panel was updated in 2020, so you can buy with confidence. Outside, a spacious yard offers room for pets, gatherings, or your own private Florida oasis — a standout amenity for short-term guests and homeowners alike. You're moments from waterfront dining, top-rated schools, the Pinellas Trail, and the legendary Tarpon Springs markets and festivals that draw visitors year-round. Move-in ready, no HOA, STR-friendly, and brimming with historic-district charm — 116 Read St is a true standout in one of Tarpon Springs' most desirable and rental-friendly neighborhoods. Income potential and lifestyle, all in one address. Don't miss it.
Local Insight
At $404/sqft for a 1965 cottage in an AE flood zone, you're paying a premium that reflects Tarpon Springs' desirability, not the home's condition or flood risk profile—so factor in mandatory flood insurance costs and potential future elevation requirements before committing. The 936 sqft footprint on a compact 0.16-acre lot means limited expansion potential, and at two bedrooms you're looking at a tight resale market unless you're targeting downsizers or investors planning a flip. The lack of HOA is a genuine plus for flexibility, but verify flood history for this specific address and get a detailed inspection, since older homes in this zone often come with surprises.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history2 days on market
- Status: PendingJun 1, 2026
- Listed$378,000May 29, 2026
- Price increased$378,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Pending
- Days on market
- 2
- Subdivision
- Cheyneys J K Sub
- County
- Pinellas
- Year built
- 1965
- Living area
- 936 sq ft
- Price/sq ft
- $404
- Lot size
- 6,804 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0019H)
- Annual taxes
- $5,369 (2025)
- Parcel #
- 12-27-15-15228-000-0040
- MLS #
- TB8512693
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Terrazzo
- Appliances
- Disposal, Range, Range Hood, Refrigerator
- Interior features
- Ceiling Fans(s), Thermostat, Window Treatments
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Garden, Lighting
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- BB/HS Internet Available, Cable Available
Community
- Pets allowed
- Cats OK, Dogs OK
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 13x14 |
| Kitchen | First | 10x11 |
| Living Room | First | 14x16 |
Listing Details
- Listing date
- 2026-05-25
- On market date
- 2026-05-29
- Original list price
- $378,000
- Occupant type
- Tenant
- MLS area
- 34689 - Tarpon Springs
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-01
- Tax legal description
- CHEYNEY'S, J.K. SUB LOT 4 & 1/2 VAC ALLEY TO N
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 24, 2026 at 10:10 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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