160 Read STREET, Tarpon Springs, FL, 34689 | $5,995,000

Are you looking for that hidden jewel of a place to live that has modern conveniences and old-world charm of Europe? Then we welcome you to Tarpon Springs to see this beautiful Mediterranean 12, 000-square-foot villa in the historic district. Enjoy beautiful walks around the bayous, active saltwater life, breathtaking sunsets and many other historic homes brought to life. You will not see high rises here in this sleepy town that provides solace from the chaos and traffic we experience in the "real world". This is a once in a lifetime opportunity to own one of Tarpon Springs historical gems originally built in 1926 as Tarpon's First Baptist Church. It has been resurrected by the owner into a Mediterranean mansion, with two luxurious fully furnished five-star homes within it, with each key bedroom having its own balcony. This property holds over 7, 000 square feet of air-conditioned, modernized living areas and every smart home feature one could possibly desire. On the first floor there's a 4, 000-plus-square-foot garage that can handle up to 12 vehicles for the prestige car collector, plus additional spaces for a game room, gym or workshop. The best views in all of Tarpon can be had from the Bell Tower! You can live like royalty in your own private curved-walled resort or enjoy your spa-like outdoor living area that features a heated lap pool with spa, outdoor kitchen, lounging areas and covered patio with Wi-Fi and surround sound just waiting to be played. Go just outside your home and immerse yourself in this historic Greek-cultured town offering some of the best international food in Florida. Both downtown and the sponge docks have boutiques, breweries and gift shops in abundance, and are within a short walk. Two beaches are within a five-minute golf-cart drive, Spring Bayou and Craig Park are all within distance too. This beautiful white historic structure was designed to create the feeling of living in an opulent villa on the Greek Island of Kalymnos where many of the Greek in Tarpon originally came from in the late 1800s and continue to come. Tarpon is proud to have the largest percentage of Greek Americans in the U. S. Tarpon Springs will always retain this Greek culture and is one of the few towns in America where this international culture is available to enjoy into perpetuity. 160 Read Street home can easily service the needs of the most modern of families or is also ideal as a multi-generational home where all your family and friends can visit, and all of you can retain your privacy when desired. All rooms in this home are an opulent size reminiscent of the stately mansions in Europe, but with warmth created by the beautiful interior furniture and art pieces, most of which are included in the sale. This smart home features Lutron lighting, electric gates, a security system and entertainment system throughout the home, garage and pool areas. Lastly, everything of importance in this home is new and no detail was overlooked from the 50-year metal roof to the high-end appliances. This is a must-see for you, you will find that this dream could be your reality. Call and schedule your private tour today.

Features

  • Rooms: 14
  • Bedrooms: 5
  • Baths: 5 full / 2 half
  • Lot Size: 131 x 114
  • Laundry: Inside, Laundry Room
  • Style: Mediterranean
  • Year Built: 1920
  • Garage: 6-car Garage Door Opener, Garage Faces Side, Ground Level
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 7,041
  • Acreage: 0.29
  • Lot Size: 131 x 114
  • Est. Taxes: $29,852
  • Lot Desc: Corner Lot, Flood Insurance Required, City Lot, Oversized Lot, Sidewalk
  • View: Park/Greenbelt, Water
  • Elem. School: Sunset Hills Elementary-PN
  • Middle School: Tarpon Springs Middle-PN
  • High School: Tarpon Springs High-PN
  • Pool: Gunite, Heated, In Ground, Lighting
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Washer, Water Softener, Wine Refrigerator
  • MLS#: U8233633
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /eprop/U8233633/160readstreet_tarponsprings_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/27/2024 4:42:29 AM)
Listing courtesy of PREMIER SOTHEBY'S INTL REALTY   Phone: 727-595-1604

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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160 Read STREET, Tarpon Springs, FL, 34689

$5,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,796,000 $4,796,000 $4,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.115% 7.061%
Monthly Tax Payment $2,488 $2,488 $2,488
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $32,312 $31,908 $42,773
Total Monthly Payment $34,925 $34,521 $45,386

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.