106 Tarpon Avenue, TARPON SPRINGS, FL 34689
  • MLS#: U8247967 ( Commercial Sale )
  • Street Address: 106 Tarpon Avenue
  • Viewed: 21
  • Price: $2,190,000
  • Price sqft: $161
  • Waterfront: No
  • Year Built: 1914
  • Bldg sqft: 13612
  • Days On Market: 150
  • Additional Information
  • Geolocation: 28.1459 / -82.7559
  • County: PINELLAS
  • City: TARPON SPRINGS
  • Zipcode: 34689
  • Subdivision: Tarpon Spgs Official Map
  • Provided by: HIGH POINT REALTY INC
  • Contact: Angela Crook
  • 727-466-6697
  • DMCA Notice
  • Description
    BACK ON THE MARKET! Discover a prime investment opportunity in the heart of Tarpon Springs, FL with this exceptionally gorgeous and well maintained building. Located prominently on Tarpon Ave, this property boasts three thriving retail tenants on the street level, ensuring steady income flow. Above, eleven spacious apartments on the second floor offer additional rental potential, making it a versatile asset for savvy investors. With an impressive cap rate to start, this property promises an incredible return on investment. Currently, all rental rates are positioned well below market value, presenting a substantial opportunity for increased revenue. Recent major renovations, including a new roof installed within the last year, underscore the commitment to modernization and structural integrity. Strategically positioned in a high traffic area, the building enjoys visibility and accessibility, further enhancing its appeal to both commercial and residential tenants. The dynamic growth of Tarpon Springs adds intrinsic value, making this property not only a sound financial investment but also a cornerstone of a vibrant community. Dont miss out on this rare chance to own a property with significant income potential and capital appreciation. Schedule a showing today to explore the possibilities that await with this prime commercial real estate opportunity.
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Other
  3. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. TARPON SPRINGS OFFICIAL MAP BLK 67
  2. LOT 8 & E 24FT OF LOT 9
Living Area
  1. 13104.00
Area Major
  1. 34689 - Tarpon Springs
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 12-27-15-89982-067-0801
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
Tax Year
  1. 2023
Township
  1. 27
Views
  1. 21
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/U8247967
Year Built
  1. 1914