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Lasbury Tracy Realty Inc
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$1,250,000

Active

531 Athens St, Tarpon Springs, FL 34689

2,772 sq ft

Listing courtesy of CHARLES RUTENBERG REALTY INC Β· MLS# TB8506284

174 days on market

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

About this property

Virtually Staged. Exceptional mixed-use investment opportunity in the heart of the world-famous Tarpon Springs Sponge Docks. Located on highly desirable Athens Street, this income-producing property offers the perfect blend of commercial and short-term rental potential in one of Florida’s most vibrant waterfront destinations. All structural renovations have been complete. Building is fortified and reinforced. The downstairs commercial space is home to an established full bar with a long-term tenant already in place, providing immediate and consistent income. Upstairs features a beautifully versatile residential space ideal for Airbnb or vacation rental use, complete with 2 sleeping areas including a private bedroom and loft, full kitchen, full bathroom, and a layout designed for comfortable coastal living. Photos show potential renovation ideas. Positioned just steps from the marina, restaurants, nightlife, live music, shopping, and the historic Sponge Docks, this property offers strong tourism appeal and exceptional upside for investors seeking cash flow and future growth potential. Rare opportunity to own a prime property in one of Tampa Bay’s most iconic destination locations. (this listing has also been listed TB8506409)

Facts

Property type
Mixed Use
Year built
1911
Flood zone
AE
Annual taxes
$8,047/yr
Listed
May 7, 2026
MLS #
TB8506284

Commercial details

Building & site

Building size
2,772 SF
Lot size
0.1 acres (4,395 SF)
Road frontage
City Street
Buildings
1

Investor metrics

Price per SF (MLS)
$450.94/SF

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

Price & status history

  1. Listed for $1,295,000
  2. Price reduced to $1,250,000

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Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

531 Athens St, Tarpon Springs, FL 34689

Listing courtesy of CHARLES RUTENBERG REALTY INC Β· MLS# TB8506284 Β· Active

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

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

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

Where this property is

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

Similar properties

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, 8:57 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. Β· [email protected]