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$447,000

Active

112 E Martin Luther King Jr Dr, Tarpon Springs, FL 34689

1,036 sq ft

Listing courtesy of PALM LIFE REALTY · MLS# TB8545350

53 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

Virtually Staged. YOUR BUSINESS. YOUR REAL ESTATE. Completely renovated and ready for occupancy. This 112 MLK JR Dr offers something increasingly difficult to find: a freestanding business location combining a polished, move-in-ready building, dedicated parking, land and a giant covered flex-storage-vehicle Area, in Downtown Tarpon Springs "Activity Center" zoning. Inside, the property has been completely renovated to create a bright, professional environment that can adapt to far beyond an office. The flexible layout includes private rooms, an open reception or workspace, full kitchen and beautifully finished restroom, creating possibilities for professional services, creative or design studios, wellness and personal services, consulting, real estate, insurance, financial services and other neighborhood-serving businesses, subject to approval of the intended use. The renovation means a new owner can focus on the business rather than immediately taking on a construction project. Improvements include a new roof, new central A/C, tankless water heater, new appliances, updated plumbing and lighting fixtures, luxury vinyl plank flooring and extensively updated interior finishes. But what really separates this property from a conventional leased suite or storefront is what comes beyond the building. The giant covered flex-storage-vehicle area creates valuable space for outside seating, company vehicles, equipment, inventory, supplies, project materials or other business-support needs. Combined with dedicated on-site parking and additional property around the building, it offers an operational flexibility that can be difficult and expensive to duplicate in traditional commercial space. MLS property records identify the accessory improvements as outbuilding, storage and workshop. That combination could be especially appealing to an entrepreneur who needs a customer-facing location in front with room to support the business behind it. Think contractors and trades, property management, inspection services, design firms, sales organizations, service companies or other businesses that need more than desks and a conference room. Location adds another advantage. E Martin Luther King Jr Drive provides an important east-west connection between established Tarpon Springs neighborhoods, the downtown area and the US 19 commercial corridor. Downtown Tarpon Springs, the Historic Sponge Docks, Pinellas Trail, Spring Bayou, restaurants, breweries, marinas and other destinations are nearby, while US 19 provides convenient regional access throughout northern Pinellas and into Pasco County. The immediate area also benefits from continued residential investment, including newer multifamily development directly across the corridor. The property’s "AC – Activity Center" zoning adds to its versatility and long-term potential. Rather than limiting the vision to “office,” the zoning creates an opportunity for a broader range of business concepts. And for the business owner already writing a rent check every month, there is another way to look at this opportunity: instead of paying a landlord, own the location where you’re building your business. Control your space. Avoid being at the mercy of future rent increases. Customize the property around the way you operate. And put those occupancy dollars toward an asset you own. It’s a place to build a business and own the real estate beneath it.

Facts

Property type
Office
Year built
1901
Exposure
North
Flood zone
AE
Annual taxes
$4,613/yr
Listed
Sep 3, 2026
MLS #
TB8545350

Commercial details

Building & site

Building size
1,244 SF
Office / retail space
1,036 SF
Lot size
0.23 acres (10,125 SF)
Zoning
AC - ACTIVITY CENTER
Parking spaces
10
Road frontage
75 ft · City Street
Buildings
1

Investor metrics

Price per SF (MLS)
$359.32/SF
Units
1

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

Price & status history

  1. Listed for $469,000
  2. Price reduced to $447,000

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112 E Martin Luther King Jr Dr, Tarpon Springs, FL 34689

Listing courtesy of PALM LIFE REALTY · MLS# TB8545350 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:22 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]