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$2,115,000
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Property 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. Don't 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.
Full Property Details
Full Property Details for 106 E Tarpon Ave
General
- Sold For: $2,115,000
- Taxes: $17,779 (2023)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: U8247967
- Added to Site: 612 day(s) ago
Location
- Area: 34689 - Tarpon Springs
- County: Pinellas
- Development Name: 34689 - Tarpon Springs
- Subdivision: TARPON SPGS OFFICIAL MAP
- Driving Directions: From Tampa - Boyscout Rd to Tarpon Ave. From New Port Richey - South on US19, Right on Tarpon Ave From Clearwater - North on US19, Left on Tarpon Ave. Property located on the left side just before Pinellas Ave.
- Direction Faces: North
Community
- Community Name: 34689 - Tarpon Springs
- Management Type: Professional Off Site
- Mgmt. Company: Professional Off Site
Heating & Cooling
- Cooling Type: Central Air, Other, Wall/Window Unit(s)
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Square Feet: 13,104
- Sq. Ft. Source: Public Records
- Living Area: 13,104 Sq. Ft.
- Year Built: 1914
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 11,988
- Lot Size: 11988
- Lot Dimensions: 74 x 162
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $17,779.25
- Tax Year: 2023
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: TARPON SPRINGS OFFICIAL MAP BLK 67, LOT 8 & E 24FT OF LOT 9
- Flood Zone Info: 120259
- APN: 122715899820670801
- Property ID: 122715899820670801
- Block/Lot/Section: 67
Listed by High Point Realty Inc
Sold by Stonebridge Real Estate Co
Get Pre-Approved Today
Schools
Schools serving 106 E Tarpon Ave
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Tarpon Springs Elementary School 555 Pine Street, Tarpon Springs, FL 34689 | PK-5 | 0.5 mi |
Tarpon Springs High School 1411 Gulf Road, Tarpon Springs, FL 34689 | 9-12 | 1.4 mi |
Tarpon Springs Middle School 501 North Florida Avenue, Tarpon Springs, FL 34689 | 6-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 106 E Tarpon Ave
Date
Details
Price
Change
Source
4/09/2025
Sold
$2,115,000
-2.76%
MLS
1/22/2025
Price Reduced
$2,175,000
-0.68%
MLS
10/26/2024
Price Reduced
$2,190,000
-1.57%
MLS
6/25/2024
Listed
$2,225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
106 E Tarpon Avenue, Tarpon Springs, FL 34689 (MLS# U8247967) is a Commercial property that was sold at $2,115,000 on April 09, 2025. Want to learn more about 106 E Tarpon Avenue? Do you have questions about finding other Commercial real estate for sale in Tarpon Springs? You can browse all Tarpon Springs real estate or contact a Coldwell Banker agent to request more information.

