106 E Tarpon Avenue, TARPON SPRINGS, FL

$2,175,000

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13,104

Square feet

0.28

Acres

About 106 E Tarpon Avenue

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.

Features of 106 E Tarpon Avenue

MLS® # U8247967
Price $2,175,000
Sold Price $2,115,000
Sold Date April 9th, 2025
Square Footage 13,104
Acres 0.28
Year Built 1914
Type Commercial Sale
Sub-Type Mixed Use
Status Sold
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Listing Details

OfficeHIGH POINT REALTY INC

Listing Map

Neighborhood Information for 106 E Tarpon Avenue

Stable Population, Moderate Residential Turnover, Coastal Area, Suburb of Tampa

Weather

Highs


January 71.60℉
July 91.30℉

Lows


January 73.60℉
July 73.60℉
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Precipitation


52.42

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Tarpon Springs Fundamental Elementary School

Public - Kindergarten to 5Th Grade - Closest Elementry School
0 Miles
Great School

Tarpon Springs Elementary School

Public - Preschool to 5Th Grade
1 Miles
Great School

Sunset Hills Elementary School

Public - Preschool to 5Th Grade
1 Miles
Great School

Tarpon Springs High School

Public - 9Th Grade to 12Th Grade - Closest High School
1 Miles
Great School

Tarpon Springs Middle School

Public - 6Th Grade to 8Th Grade - Closest Middle School
2 Miles
Great School

Gulfside Elementary School

Public - Kindergarten to 5Th Grade
2 Miles
Great School

Paul R. Smith Middle School

Public - 6Th Grade to 8Th Grade
2 Miles

School data provided by GreatSchools

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