218 N PINELLAS AVE, TARPON SPRINGS, FL, 34689
$1,300,000
Commercial Sale
Living Area
6,350 Sqft
Lot Size
6,856 Sqft
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 Details
Property Features Property Features
MLS ID: MFRTB8534519 Year Built: 1925
Construction Materials: Stucco Cooling: Wall/Window Unit(s)
Country: US County Or Parish: Pinellas
Foundation Details: Slab Heating: Electric
Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant
Possession: Close Of Escrow Property Sub Type: Multi-Family 5+
Property Type: Commercial Sale Road Frontage Type: State Road
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Appointment Only, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Water Source: Public
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