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Lasbury Tracy Realty Inc
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$1,300,000

Active

218 N Pinellas Ave, Tarpon Springs, FL 34689

6,350 sq ft

Listing courtesy of GREAT HOMES REALTY INC · MLS# TB8534519

60 days on market

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

About this property

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!

Facts

Property type
Multi-Family 5+
Year built
1925
Flood zone
X
Annual taxes
$18,837/yr
Listed
2026-07-30
MLS #
TB8534519

Commercial details

Building & site

Building size
6,350 SF
Lot size
0.16 acres (6,856 SF)
Road frontage
State Road
Buildings
1
Occupancy
Tenant-occupied

Investor metrics

Price per SF (MLS)
$204.72/SF
Units
12

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.

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Take a tour

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

218 N Pinellas Ave, Tarpon Springs, FL 34689

Listing courtesy of GREAT HOMES REALTY INC · MLS# TB8534519 · Active

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

In person · Thu, Oct 1 · 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.

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Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Sep 30, 2026, 7:58 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]