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3363 MARION DRIVE
About This Property
The backyard is a standout feature, with a spacious deck, built-in grill, fire pit, fully fenced yard, and screened patio that create an ideal setting for weekend gatherings, quiet evenings, or enjoying Florida weather year-round. Inside, thoughtful updates, a main-floor primary bedroom, and flexible living spaces make the home equally well suited for everyday living and entertaining.
Location is another major draw. You are just minutes from Lake Tarpon (you can see it peeking through the backyard space!), with easy access to boating, fishing, kayaking, and waterfront recreation, while historic downtown Tarpon Springs and the famous Sponge Docks are approximately a 10-minute drive away. Spend the afternoon exploring locally owned shops, enjoying fresh seafood and Greek dining, or taking in the waterfront atmosphere that makes Tarpon Springs such a unique destination.
With a 2-car garage, low monthly HOA, no CDD, and a location that puts Palm Harbor, Lake Tarpon, and Tarpon Springs all within easy reach, 3363 Marion Drive offers the kind of Florida lifestyle buyers are looking for. Come see what makes this home worth a closer look.
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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%.
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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.
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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.
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About Palm Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017