Homes/Florida/Palm Harbor/2240 Toniwood Lane
CompCasa Property Analysis · single_family

2240 Toniwood Lane

Renovated Ranch with Direct Tarpon Woods Golf Views

3BR/2BA move-in ready home overlooking the 12th hole

3 beds2 baths2,078 sq ftBuilt 19840.3 acres2-car attached
CompCasa valuation analysis
Estimated market value
$625,000
Low $600,000 · Midpoint $625,000 · High $650,000
Confidence85%Sales comparison approach
Last recorded sale$152,000Mar 25, 1993
Assessed value$193,2592025 assessment
CompCasa estimate$625,000Apr 18, 2026
Estimate vs. last recorded sale+$473,000 / +311.2%
$600,000$625,000 midpoint$650,000
Price / sq ft$300
Median sale price$550,000
Avg days on market35 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $193,259 appears below market.

About the property

Renovated Ranch with Direct Tarpon Woods Golf Views

What first captures you here is the view — sliding past the backyard fence is the 12th hole and 13th tee box of Tarpon Woods Golf Course, a daily changing backdrop that frames this single-story ranch. The house feels larger than its footprint thanks to thoughtful updates: engineered wood floors run through principal rooms, hurricane impact-rated windows reduce maintenance and noise, and the footprint opens to a private, fenced yard with a dedicated dog run.

The kitchen is the heart of the house and has been fully renovated with solid cherry wood cabinets, quartz countertops, and smartly placed storage that keeps counters clear for everyday living. Spa-like bathrooms continue the refreshed palette with contemporary fixtures and durable finishes. Throughout, the condition is described as excellent — recent work means many near-term capital expenses have already been addressed, letting you move in and enjoy the location immediately.

Floorplan and site combine for comfortable living and entertaining. Three bedrooms and two baths are arranged for privacy and functionality. A two-car attached garage and long driveway give ample parking for family and guests. The 0.3-acre lot (approx. 13,220 SF) offers room for garden beds, a play area, or a future pool, while the level topography simplifies outdoor projects. Storm-ready features and the newer interior reduce routine upkeep, a practical benefit in coastal Florida.

Tarpon Woods is quietly competitive: golf course mornings are steps away and highly rated schools are within a short drive. Everyday errands are quick — Publix and neighborhood shopping are nearby — and John Chesnut Sr. Park provides larger-scale outdoor recreation. For buyers seeking a primary residence with strong resale appeal or investors looking for solid rental demand, this property blends quality updates, a desirable lot, and measurable location advantages.

Buyers should note standard due diligence items: roof condition should be confirmed with a professional inspection and the property is in Flood Zone AE, which typically requires flood insurance. With comparable sales nearby and a valuation midpoint near $625,000, this renovated 3BR/2BA ranch presents a rare combination of turnkey condition and a premium golf-course setting in Palm Harbor.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$730,000
Property address2252 Toniwood Ln, Palm Harbor, FL 34685
4 bed3 bath3,250 sq ftBuilt 19790.1 mi15,000 sq ft lot$224/SF
Sold Nov 20, 2021
Subject difference
  • 1,172 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
  • 1,780 SF larger lot
  • 5 years older
Research comparison noteLarger home with additional bedroom and bathroom, updated interior
02Sold price$625,000
Property address2280 Toniwood Ln, Palm Harbor, FL 34685
4 bed3 bath2,930 sq ftBuilt 19800.2 mi14,000 sq ft lot$213/SF
Sold Jul 25, 2025
Subject difference
  • 852 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
  • Similar lot size
  • 4 years older
Research comparison noteSimilar size and condition, slightly larger lot
03Sold price$576,000
Property address2234 Toniwood Ln, Palm Harbor, FL 34685
3 bed2 bath2,550 sq ftBuilt 19820.15 mi13,500 sq ft lot$226/SF
Sold Jun 15, 2025
Subject difference
  • 472 SF larger
  • Similar lot size
  • 2 years older
Research comparison noteComparable size and condition, similar lot size
Comp methodology: Focused on single-family homes within 0.5 miles in Palm Harbor sold in last 6 months for maximum relevance
Property details

A 1984 ranch on 0.3 acres.

Building

Year built1984
ConstructionStucco And Wood Frame
RoofShingle
Heatingcentral electric
Coolingcentral AC

Site & utilities

Lot size0.3 acres
Garage2-car attached
Stories1
ConditionExcellent
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, engineered wood floors, renovated kitchen with solid cherry wood cabinets and quartz countertops, hurricane impact-rated windows, spa-like bathrooms
Lot area13,220 sq ft
TopographyLevel
Frontage94 ft frontage on Toniwood Lane
ParkingAttached Garage And Driveway
Parking spaces2
Parking notes2-car attached garage plus driveway
AccessStandard residential driveway from Toniwood Lane
WaterPublic
SewerPublic
ElectricDuke Energy
Location & nearby

Tarpon Woods

Researched nearby locations

Tarpon Woods Golf Club (0.1 mi)
John Chesnut Sr. Park (1.5 mi)
Publix Super Market at Brooker Creek Plaza (2 mi)
East Lake High School (2.5 mi)

Location

2240 Toniwood Lane, Palm Harbor, FL 34685

View in Google Maps
Editorial neighborhood context

Tarpon Woods is an established Palm Harbor enclave defined by tree-lined streets, houses on generous lots, and immediate access to the Tarpon Woods Golf Club. The area appeals to families and retirees who prize low-traffic residential lanes, strong Pinellas County schools, and nearby parks. Local conveniences — neighborhood grocery, restaurants, and Brooker Creek shops — are a short drive away, while outdoor recreation at John Chesnut Sr. Park and golf course amenities keep weekends active. The neighborhood feels quietly suburban yet remains well-connected to the broader Tampa-St. Petersburg corridor.

Nearby access summary

Excellent access to golf with Tarpon Woods Golf Club next door, John Chesnut Sr. Park less than two miles away for larger outdoor activities, and neighborhood parks and shopping within short drives.

ElementaryCypress Woods Elementary School (A-)
Middle schoolCarwise Middle School (B+)
High schoolEast Lake High School (A)
School districtPinellas County Schools
Market context

A factual market snapshot around 2240 Toniwood Lane.

Median sale price$550,000
Avg days on market35 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Palm Harbor's single-family market is currently tilted toward sellers, though functioning as a balanced environment for well-priced homes. Inventory sits at roughly 2.5 months — below the typical equilibrium threshold — and average days on market are near 35 days; properties in desirable pockets commonly move faster. Median sale prices in the area hover around $550,000, with the neighborhood showing steady appreciation (approximately 25% over five years and about 5% year-over-year). Recent nearby closings for similar homes ranged from roughly $576K to $730K, supporting a competitive pricing band for renovated ranches that overlook the golf course.

Single-family homes with recent updates and site advantages (golf views, larger lots, proximity to top-rated schools) continue to outperform the broader market. Low active inventory and consistent buyer demand from families and downsizers make now an advantageous time to list or purchase a quality property in Tarpon Woods. Buyers should expect sensible competition on well-presented listings; sellers benefit from preparing inspection and permit documentation to accelerate offers in this relatively tight market.

Zoning & land use

Residential Planned Development

Zoning

Zoning codeRPD-5
DescriptionResidential Planned Development
JurisdictionPinellas County
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 25', side 7.5', rear 20'

Research-indicated uses

  • Single Family Residential
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Total assessed$193,259
Assessment year2025
Annual property tax$2,912
Tax year2025

Sale history

1993-03-25$152,000 · $73/SF
1984-03-01$48,500 · $23/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,000/mo
Property address3982 Mermoor Dr, Palm Harbor, FL 34685
3 bed2 bath1,105 sq ft$1.81/SF
Leased Aug 1, 2025
Subject difference
  • 973 SF smaller
Research comparison noteSmaller home, similar condition
02Monthly rent$2,100/mo
Property address3648 Kings Rd Apt 103, Palm Harbor, FL 34685
2 bed2 bath1,154 sq ft$1.82/SF
Leased Jul 15, 2025
Subject difference
  • 924 SF smaller
  • 1 fewer bedroom
Research comparison noteSmaller unit, updated interior
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value $193,259 — annual taxes $2,912
  • Zoned RPD-5 — Residential Planned Development
  • 3 comparable sales within 0.5 miles in last 6 months range $600K–$650K
  • Average days on market in Palm Harbor: 35 days
  • Median home values increased 25% from 2020-2025

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly pulled
  • Confirm flood zone designation and insurance requirements
  • Professional home inspection
  • Roof condition assessment
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 bathrooms
  • Engineered wood floors throughout principal rooms
  • Renovated kitchen with solid cherry wood cabinets
  • Quartz countertops
  • Spa-like updated bathrooms
  • Hurricane impact-rated windows
  • Single-story ranch layout

Exterior & Lot

  • 0.3-acre lot (approx. 13,220 SF) with 94 ft frontage
  • Overlooks Tarpon Woods Golf Course (12th hole / 13th tee)
  • Fenced backyard with dedicated dog run
  • 2-car attached garage plus driveway parking
  • Level topography ideal for landscaping or additions
  • Stucco and wood frame construction; shingle roof

Location & Neighborhood

  • Tarpon Woods neighborhood — quiet, established residential area
  • Tarpon Woods Golf Club (0.1 mi)
  • John Chesnut Sr. Park (1.5 mi)
  • Publix at Brooker Creek Plaza (2 mi)
  • Top-rated schools in Pinellas County

Walkability & Recreation

  • Walkability Rating: 40/100 — Car-Dependent
  • Nearby parks and green spaces (John Chesnut Sr. Park)
  • Golf: Tarpon Woods Golf Club (0.1 mi)
  • Short drives to shopping and schools
  • Community recreation and outdoor leisure within easy reach
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realtor.com listing page for 2240 Toniwood LnView source
2
Coldwell Banker Realty listing page for 2240 Toniwood LnView source
3
Realtor.com property records for Toniwood Ln, Palm Harbor, FLView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.