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$366,000
$106/sqft30% reduced
HOA: NoneTaxes: $5,462/yr939d on market

Fergusons

553 DIVISION ST, TARPON SPRINGS, FL, 34689

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4 Beds|3 Baths|3,441 Sq Ft|Built 1914
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

This is one of the strongest opportunities we're seeing right now.

Why this home stands out

  • Price reduced 30% ($159,000 off original)
  • 939+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

**Seller Financing will be considered, and the Seller is open to negotiation on terms, so that YOU can be successful!** Looking for a project? Are you looking for a piece of Tarpon Springs history, close to the Sponge Docks and an opportunity to develop your own style with a blank canvas? Bring your Contractors, Architects, Engineers and all those who play a role in your success to help your vision come to life. You are not the only ones seeking to build in this historical neighborhood. You only have to look to the neighbors to each side of the property - they are both being developed! Let's turn your ambition into a reality! This spacious property exudes presence with its elevated position, with an inviting front porch to while away the hours with a lovely beverage of your choosing, or why not take the short walk to the local Tarpon Springs Sponge docks and plethora of restaurants, shopping and entertainment. Equally, you may be a keen sailor and enjoy the water activities that Tarpon Springs has. This property is in need of a renovation, but this is an opportunity for an investor or keen designer to influence and shape their own design on this home. The high ceilings, welcoming staircase, large rooms create great potential. Don't miss out on this unique property. This property is well-suited for buyers seeking a value-add project, whether as a primary residence, second home, or investment. The existing structure offers the chance to renovate, restore, or reimagine while preserving the charm and historical context that makes Tarpon Springs one of Florida’s most distinctive coastal communities. Owner Financing will be considered, providing flexible acquisition options for buyers and creating an attractive pathway for investors looking to diversify their real estate portfolio without traditional lending constraints. This flexibility opens the door for creative strategies, including long-term holds, rental income, or future resale after improvements. Call today to schedule your showing!

Subdivision
FERGUSONS C
County
Pinellas
Zip Code
34689
Community
FERGUSONS C

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Single Family Residence
Living Area
3,441 sqft
Construction
Frame, Wood Siding
Roof
Metal, Shingle
Flooring
Carpet, Wood
Pool
No
HOA
None
  • High Ceilings
  • Other
  • None
  • Other
  • Historic District
  • Paved
  • Public
Bedrooms
4
Bathrooms
3
Year Built
1914
Construction
Frame, Wood Siding
Flooring
Carpet, Wood
Roof
Metal, Shingle
Garage Spaces
0
Cooling
Central Air
Heating
Central
Waterfront
No
Pet Restrictions
Lot Size
0.15 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2023
Annual Tax Amount
$5,462
No HOA fees on this listing.
Down Payment20% — $73,200
Interest Rate6.50%
Loan Term
Est. Mortgage
$1,851
HOA Fee
$0
Est. Property Tax
$455
Est. Insurance
$122
Total Est. Monthly Cost$2,428

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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