862 CYPRESS LAKES BOULEVARD UNIT 1, TARPON SPRINGS, FL, 34688
Active0 days on marketListed Oct 19, 2026MLS #TB8559314
About this home
862 CYPRESS LAKES BOULEVARD UNIT 1
Welcome to this fully furnished 1-bedroom, 1-bath upper-level rental in Cypress Lakes Estates in Tarpon Springs. Offering approximately 700 square feet of comfortable living space, this private apartment features its own exterior entrance accessed by stairs, a spacious bedroom with a walk-in closet, a living and dining area, and a well-equipped kitchen with stainless steel refrigerator, cooktop and microwave. The rental also features a dedicated washer and dryer, central air conditioning with tenant-controlled thermostat, and an outdoor porch area. Enjoy beautiful views of the surrounding greenery and nearby lake from this peaceful residential setting. Monthly rent includes electricity, water, sewer, trash collection, cable television, grounds care and laundry. Internet is not included. Ample outdoor parking is available, although parking spaces are not assigned. Available immediately at $1,600 per month. Fully furnished. No smoking. No pets, subject to applicable Fair Housing requirements. Lease terms of 7–12 months considered. First month's rent and security deposit required. Conveniently located in the East Lake area of Tarpon Springs, with access to nearby shopping, dining, recreation and major commuting routes. Contact the listing agent to arrange a private showing.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
700
Sqft
0.94 ac
Lot size
1993
Year built
One
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$172 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$172/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Tarpon Springs actives
$2 vs $248
Days on market
0 vs 72 typical
Where $2/sqft sits among the 276 Tarpon Springs actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside Cypress Lakes, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,000/mo median
Live Tarpon Springs rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Cypress Lakes
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Cypress Lakes is a short-term-rental community. See the full guide →
Cypress Lakes — neighborhood snapshot
Population
607
Median age
52
Median income
$216,343
Median home value
$857,800
Avg household
3
Households w/ children
59%
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tarpon Springs market
$433K → $415K
Tarpon Springs median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
152 of 276
Tarpon Springs actives have cut their price
Median sold price, Tarpon Springs, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 100% below the TARPON SPRINGS 34688 median. See the full Tarpon Springs market guide →
Paper trail
This home's history
Reality check
What actually sold near 862 CYPRESS LAKES BOULEVARD UNIT 1
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$1,050,000
877 CYPRESS LAKEVIEW COURT · same community
5 bd · 6 ba · 5,328 sqft · $197/sqft · 79 DOM
Sold · Oct ’25$134,000
1423 PINE GLEN LANE UNIT D2
1 bd · 1 ba · 760 sqft · $176/sqft · 151 DOM
Sold · Mar ’26$134,900
1290 PINE RIDGE E UNIT F2
1 bd · 1.5 ba · 763 sqft · $177/sqft · 7 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gianfranco Di Flumeri
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 862 CYPRESS LAKES BOULEVARD UNIT 1 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 862 CYPRESS LAKES BOULEVARD UNIT 1 — before you fall in love.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
862 CYPRESS LAKES BOULEVARD UNIT 1 FAQs
What would the monthly payment be for 862 CYPRESS LAKES BOULEVARD UNIT 1?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $172/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Can 862 CYPRESS LAKES BOULEVARD UNIT 1 be rented short-term?+
Yes — this home sits inside Cypress Lakes, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 862 CYPRESS LAKES BOULEVARD UNIT 1?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Tarpon Springs?+
At $1,600, this home is listed about 100% below the Tarpon Springs median of $427,000. The market section on this page shows how the area is trending.
Which schools are assigned to 862 CYPRESS LAKES BOULEVARD UNIT 1?+
Brooker Creek Elementary School (elementary), East Lake High School (high), Tarpon Springs Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the TARPON SPRINGS 34688 market on paper
$1,600 is 100% below the TARPON SPRINGS 34688 median of $487,500, and at $2/sqft it sits under the Tarpon Springs average of $274.
02Zoned for nightly rentals
Cypress Lakes is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Trees/Woods & Water views
The trees/woods and water view is part of what you're buying — views hold value independently of the structure.
04Fresh on the market
Listed today in a Tarpon Springs market that averages 72 — if it fits, move quickly.
05Strong assigned schools
Brooker Creek Elementary School, East Lake High School, Tarpon Springs Middle School — Brooker Creek Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of EAGLE PREMIER REALTY LLC · Jason Adler. MLS #TB8559314.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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