Skip to content
218 Pinellas Avenue, Tarpon Springs, FL 34689

218 Pinellas Avenue

Tarpon Springs, FL 34689 · Pinellas County

$1,300,000

0

Beds

0

Baths

6,350

Sq ft

1925

Year built

About this home

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 & features

Interior

Living area
6,350 sq ft
Cooling
Wall/Window Unit(s)
Heating
Electric

Exterior & lot

Lot size
0.16 acres
Construction
Stucco
Roof
Shingle

Financial

Annual tax
$18,837.2
Tax year
2025

Utilities

Water
Public
Sewer
Public Sewer

Property

Property type
Single Family
Year built
1925
Subdivision
Noblitts G E
Days on market
2

Estimate your monthly cost

Twenty percent down over thirty years at 6.5%. Insurance is not included.

Principal & interest
$6,574
Property tax
$1,570
Estimated monthly
$8,143

Location

Similar homes nearby

Listing

Listed by
Tomoko Ryan
Brokerage
GREAT HOMES REALTY INC
MLS number
MFR801497476

Listing information is deemed reliable but is not guaranteed.