85
Map
133 N PINELLAS AVENUE
About This Property
Inside, the home offers spacious living areas, abundant natural light, and thoughtfully updated interiors designed for both comfort and style. The layout provides plenty of room for family gatherings or entertaining guests while maintaining the warmth and character expected from a turn-of-the-century home. Carefully selected updates throughout the property complement the historic architecture while providing the conveniences today's buyers expect.
This property presents an exceptional investment opportunity as it is currently operating as a successful income-producing Airbnb. Located in a short-term rental friendly zoning district, it offers flexibility for investors, second-home buyers, or those looking to generate vacation rental income in one of Florida's most charming coastal communities. The home is being sold fully furnished and turnkey, allowing the next owner to continue its proven rental success from day one.
Ideally situated just minutes from the historic downtown district, waterfront parks, restaurants, shops, and the renowned Tarpon Springs Sponge Docks, this unique property offers the perfect blend of historic character, modern comfort, and income potential in a prime location.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$589,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Aug 2, 2026 | Price Decreased |
$615,000
↓ $34K
(5.2%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$649,000
↓ $36K
(5.3%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$685,000
↓ $14K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017