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$1,300,000

218 N Pinellas Avenue Tarpon Springs, FL 34689 Commercial - Multiple Active

  • 218 N Pinellas Avenue , Tarpon Springs, FL 34689 Main Photo

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Description

Wooowww!!! Prime multi-family investment opportunity!!! Highly sought after well located apartment building! 11 UNIT & 1 OFFICE apartment building in Tarpon Springs, Florida (2 bed 1 bath x 3, 1 bed 1 bath x 7, 1 studio with 1 full bath & 1 office)! Exceptional opportunity to acquire a 12 unit apartment building in one of Pinellas County's most desirable and rapidly growing coastal communities! ALL UNITS ARE RENTED, EXCEPT ONE! 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 12 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 12 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!

Property Highlights

Property Type: Commercial - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $18,837
Year Built: 1925

General Information

County: Pinellas
Subdivision: NOBLITTS G E
Listed By:
Tomoko Ryan GREAT HOMES REALTY INC 727-488-4825

Property Features

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.
Exterior: Stucco
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.16
Number of Offices: 1
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only, ShowingTime
Special Sale Provisions: None
Units: 12
Water: Public
Water Access Y/N: No
$1,300,000
New to the Market Active
BEDS0 BATHS SQUARE FEET6,350 MLS#TB8534519
STATUSActive PROPERTY TYPECommercial - Multiple SUBDIVISIONNOBLITTS G E

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218 N Pinellas Avenue , Tarpon Springs, FL 34689.

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