$1,300,000
Active218 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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218 N Pinellas Ave, Tarpon Springs, FL 34689
Listing courtesy of GREAT HOMES REALTY INC · MLS# TB8534519 · Active
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.



