218 N Pinellas Avenue, Tarpon Springs, FL 34689

$1,300,000
6,350
SqFt

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List Price
$1,300,000
Status
Active
Days on Market
0
MLS#
TB8534519
Property Style
Multi-Family 5+
Year Built
1925
Living Area
6,350
Lot Size
6,856
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Noblitts G E
MLS Area Major
Tarpon Springs

Property Description

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!

Additional Information

Taxes
$18837
Community Features
No Deed Restriction
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Stucco
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
x
Parcel ID
12-27-15-60228-000-0050
Legal Description
NOBLITT'S, G.E. LOT 5 AND N 18.5FT OF LOT 7

Listing courtesy of GREAT HOMES REALTY INC. 727-461-0400

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