218 N PINELLAS AVENUE Tarpon Springs, FL $ 1,300,000
218 N PINELLAS AVENUE
$ 1,300,000
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218 N PINELLAS AVENUE

Tarpon Springs, FL, 34689
$ 1,300,000
Bedrooms-- Baths-- Sq 6,350

Monthly Estimate*

$ 8,208

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Commercial Property for sale in Tarpon Springs, FL

for $1,300,000. This 6,350 square foot building was built in 1925 on a lot size of 0.16.

Wooowww!!! Prime multi-family investment opportunity!!! Highly sought after well located apartment building! 11 UNIT APARTMENT BUILDING in Tarpon Springs, Florida (2 bed 1 bath x 3, 1 bed 1 bath x 8)! Exceptional opportunity to acquire a 11 unit apartment building in one of Pinellas County’s most desirable and rapidly growing coastal communities! This multi-family investment property offers investors the chance to own a well-located income-producing asset with strong rental demand and excellent long-term appreciation potential. Ideally situated within minutes from Downtown Tarpon Springs, the world-famous Tarpon Springs Sponge Docks, Sunset Beach, the Pinellas Trail, marinas, shopping, restaurants, and major roadways including highway. Incredible convenience while attracting a wide tenant base. Whether you are expanding your real estate portfolio, completing a 1031 exchange, or seeking a stable cash-flow investment, this 11 unit multi-family property presents a rare opportunity! This apartment building is ideally positioned for investors seeking multi-family real estate, rental property, income property, investment real estate, or a value-add opportunity in Pinellas County. Conveniently located near Clearwater, Dunedin, Palm Harbor, and the beautiful Gulf beaches, the property offers an exceptional combination of location, income potential, and long-term value! It is extremely rare that a 11 unit apartment building in Tarpon Springs becomes available in such an amazing location! Don’t miss this great opportunity to own a premier multi-family investment property in one of Tampa Bay’s most vibrant and historic coastal communities! Schedule your showing today!

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 18,837

Style

Multi Family (5+)

Lot Size

0.16

Year Built

1925

Town/City

Tarpon Springs

County/Region

Pinellas

MLS | Web ID

TB8534519

Features
General
Sewer Public Sewer
Heating Electric
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Roof Shingle
Construction Materials Stucco
Year Built 1925
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
County Pinellas
New Construction false
Property Type Commercial Sale
Subdivision Name NOBLITTS G E
Status Active
Directions Alt 19 to Tarpon Springs (Alt 19 changes names a few times but is Pinellas Ave in Tarpon Springs). The property is North of Downtown Tarpon Springs.
City TARPON SPRINGS
Number Of Units Total 12
MLS Area 34689 - Tarpon Springs
Lot Size Units Square Feet
Lot Size Square Feet 6856
Tax Annual Amount 18837.2
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8534519
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 5
Legal Description NOBLITT'S G.E. LOT 5 AND N 18.5FT OF LOT 7
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
DockY/N false
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 6856
Foundation Details Slab
Number of Buildings 1
Building Area Total 6350
Lot Dimensions 69 x 100
Lot Size Acres 0.16
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type State Road
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* Excluded Features
List By
Great Homes Realty Inc

Broker

tomokokryan@gmail.com

Email

Affordability Calculator

$9,778
Per Month
84%
16%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
$1,570
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2026$1,300,000 Listed Price

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218 N PINELLAS AVENUE, Tarpon Springs, FL, 34689 is a Commercial Property for sale at $1,300,000 with 6,350 sqft and a lot size of 0.16. 218 N PINELLAS AVENUE was built in 1925. The property's zip code is 34689 which is in Tarpon Springs, FL