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$1,295,000 Just Listed
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Property Description
One or more photo(s) has been virtually staged. Exceptional mixed-use investment opportunity in the heart of the world-famous Tarpon Springs Sponge Docks. Located on highly desirable Athens Street, this income-producing property offers the perfect blend of commercial and short-term rental potential in one of Florida's most vibrant waterfront destinations. All structural renovations have been complete. Building is fortified and reinforced. The downstairs commercial space is home to an established full bar with a long-term tenant already in place, providing immediate and consistent income. Upstairs features a beautifully versatile residential space ideal for Airbnb or vacation rental use, complete with 2 sleeping areas including a private bedroom and loft, full kitchen, full bathroom, and a layout designed for comfortable coastal living. Photos show potential renovation ideas. Positioned just steps from the marina, restaurants, nightlife, live music, shopping, and the historic Sponge Docks, this property offers strong tourism appeal and exceptional upside for investors seeking cash flow and future growth potential. Rare opportunity to own a prime property in one of Tampa Bay's most iconic destination locations. (this listing has also been listed TB8506409)
Full Property Details
Full Property Details for 531 Athens St
General
- Price: $1,295,000
- Taxes: $8,047 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8506284
- Updated: 5/7/2026
- Added to Site: 1 day(s) ago
Location
- Area: 34689 - Tarpon Springs
- County: Pinellas
- Development Name: 34689 - Tarpon Springs
- Subdivision: HOPES B
- Driving Directions: south on athens. Property is on left.
Community
- Community Name: 34689 - Tarpon Springs
Heating & Cooling
- Cooling Type: Mini-Split Unit(s), None
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Concrete, Stucco, Wood Frame
- Square Feet: 2,772
- Year Built: 1911
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,395
- Lot Size: 4395
- Frontage: City Street
- Street/Road Desc.: Asphalt, Brick
Financial Considerations
- Tax Amount: $8,047
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HOPE'S 'B' LOT 2 AND N 35FT OF LOT 1
- Flood Zone Info: AE
- APN: 122715412380000020
- Property ID: 122715412380000020
- Block/Lot/Section: block
Listed by Charles Rutenberg Realty Inc
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Schools
Schools serving 531 Athens St
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Tarpon Springs Elementary School 555 Pine Street, Tarpon Springs, FL 34689 | PK-5 | 0.7 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 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 531 Athens St
Date
Details
Price
Change
Source
5/07/2026
Listed
$1,295,000
629.99%
MLS
9/01/2022
Sold
$177,400
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 531 Athens St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,047
13%
$472,000
23%
2024
$7,097
5%
$385,000
7%
2023
$6,754
14%
$360,000
20%
2021
$5,921
-7%
$300,000
-14%
2022
$6,349
7%
$350,000
27%
2021
$5,921
11%
$275,000
4%
2019
$5,325
1%
$264,000
2%
2018
$5,258
—
$258,000
1%
2017
$5,273
5%
$255,000
6%
2016
$5,037
3%
$240,000
5%
2015
$4,894
3%
$228,000
3%
2014
$4,764
-1%
$221,000
—
2013
$4,794
—
$220,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 531 Athens St
531 Athens Street, Tarpon Springs, FL 34689 (MLS# TB8506284) is a Commercial property. 531 Athens Street is currently listed for $1,295,000 and was received on May 07, 2026. Want to learn more about 531 Athens Street? 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.

