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218 N Pinellas Ave
Tarpon Springs, FL 34689

$1,650,000 USD

Apartments For Sale  •  6,350 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,350 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1925
  • Zoning C-1 (Commercial)
32 Transit Score
85 Walk Score

Description

Exceptional Investment Opportunity!

Fully renovated two-story property for sale in the heart of the tourist area. 
Perfect for investors seeking long-term rentals or Airbnb income.

Property Description:

- 2 stories
- Surface: [6,350 sqf]
- Bedrooms: [12]
- Bathrooms: [11]
- Reinforced structure
- Completely new appearance
- Modern kitchens and bathrooms
- Abundant natural light
- Gas kitchens for energy efficiency
- Window air conditioning units

Advantages:

- Prime tourist location
- Ideal for long-term rentals or Airbnb
- Excellent quality-price ratio
- High potential return on investment

Additional Details:

- Parking: Space to make 4 parking lots in the back, additionaly is possible to make an agreement with neighbors to have parking for all units if necessary.

Contact us to schedule a visit and obtain more information.

Highlights

218 N Pinellas Ave Apartments is a fully renovated 12-unit multifamily building located, historic Tarpon Springs.
Upgrades include new flooring, fresh paint, contemporary kitchens with quartz countertops, and a reinforced structure.
Investment offers low maintenance and strong rental income potential, with historically high occupancy and a projected 8.48% return on investment.
Pinellas Trail Corridor District offers a potential redevelopment opportunity surrounded by major employment centers, shops, and restaurants.
No hurricane or flood damage, making this property an attractive option for buyers seeking a low-risk investment

Amenities

  • Air Conditioning
  • Cable Ready
  • Courtyard
  • Gas Range
  • Ceiling Fans
  • Tile Floors
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Storage Space
  • Den
  • Linen Closet
  • Office
  • Vinyl Flooring
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Saint Petersburg-Clearwater International 36 min - 19.8 mi
Tampa International 44 min - 29.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Sofia Pons 727-491-2971 Estudio Kohon USA LLC
Sofia Pons 727-491-2971 Estudio Kohon USA LLC