1623 EXPLORERS DRIVE
About This Property
The master suite serves as a tranquil retreat, featuring its own en-suite bathroom complete with a luxurious soaking tub and a separate shower. The two additional generously sized bedrooms share a bathroom, making them ideal for family or guests.
Outside, the backyard is partially fenced and boasts a patio, perfect for entertaining or unwinding after a long week of work with mature landscaping and space for a garden or play area, this outdoor environment is not only spacious but also beautiful. This meticulously maintained home is a single-owner property, showcasing a brand new HVAC system and a new dishwasher.
Whether you're savoring a morning coffee, cruising downtown in your golf cart for dinner, or taking a sunset stroll on the beach, you'll discover everything you need for a vibrant and fulfilling life in Tarpon Springs. This home in Explorers Cove is more than just a place to live; it's a true gem. Call and schedule your showing appointment today to experience it for yourself!
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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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Price Decreased |
$429,900
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Jul 21, 2025 | Listed by REALNET BROKERAGE | $449,500 | |
| Listed by REALNET BROKERAGE | |||
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About Tarpon Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017