11.14% Cap Rate, Occupancy rate 92%, Fully Leased Mixed-use commercial/multi-family value add opportunity located in Downtown Tarpon Springs, FL. 4 established retail shops on the first floor and 11 well maintained apartments on second floor. Prime location hard corner lot with both private and public parking. Blocks from the Gulf of Mexico, Craig park and Spring Bayou. Motivated Seller offering property below replacement cost.
Sold for $2,115,000
$2,115,000
106 E Tarpon Ave, Tarpon Springs, FL 34689
--beds
0baths
13,612sqft
Multi-Family
Built in 1914
-- sqft lot
$2,025,300 Zestimate®
$155/sqft
$1,705 Estimated rent
Home value
$2,025,300
$1.82M - $2.25M
$1,705/mo
Zestimate® history
Owner options
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$14,757/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Central
Appliances
- Laundry: Outside, Laundry Closet
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 13,612 sqft
Property
Features
- Levels: Two
- Exterior features: Cement / Concrete
- Has view: Yes
- View description: None
Lot
- Size: 0.28 Acres
Details
- Parcel number: 122715899820670801
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-Family
Materials
- masonry
- Foundation: Footing
- Roof: Built-up
Condition
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Location
- Region: Tarpon Springs
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $1,500,000
- Annual tax amount: $23,631
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Sold | $2,115,000+65.2%$155/sqft |
Source: Public Record Report a problem | ||
| 12/1/2018 | Listing removed | $1,280,000$94/sqft |
Source: OCEAN LIFE REALTY INC #U8006790 Report a problem | ||
| 6/6/2018 | Listed for sale | $1,280,000-3.8%$94/sqft |
Source: OCEAN LIFE REALTY INC #U8006790 Report a problem | ||
| 5/1/2018 | Listing removed | $1,330,000$98/sqft |
Source: OCEAN LIFE REALTY INC #U7844760 Report a problem | ||
| 9/27/2017 | Listed for sale | $1,330,000-1.5%$98/sqft |
Source: OCEAN LIFE REALTY INC #U7833243 Report a problem | ||
| 1/23/2006 | Sold | $1,350,000+155.2%$99/sqft |
Source: Public Record Report a problem | ||
| 6/29/2005 | Sold | $529,000+11.4%$39/sqft |
Source: Public Record Report a problem | ||
| 7/15/2003 | Sold | $475,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,631 +21.6% | $1,131,350 +10% |
| 2024 | $19,433 +9.3% | $1,028,500 +10% |
| 2023 | $17,779 +10.8% | $935,000 +10% |
| 2022 | $16,046 +4.2% | $850,000 +9% |
| 2021 | $15,395 -2.6% | $780,000 -1.3% |
| 2020 | $15,801 +6% | $790,000 +8.8% |
| 2019 | $14,902 | $726,000 +10% |
| 2018 | $14,902 +10.8% | $660,000 +5.6% |
| 2017 | $13,451 +12.4% | $625,000 +9.6% |
| 2016 | $11,962 +3% | $570,000 +5.4% |
| 2015 | $11,614 +2.6% | $541,000 +3% |
| 2014 | $11,316 | $525,000 |
Find assessor info on the county website
Neighborhood: 34689
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Nearby schools
GreatSchools rating
- 5/10Tarpon Springs Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Tarpon Springs Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Tarpon Springs High SchoolGrades: PK,9-12Distance: 1.4 mi
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Estimated market value
$2,025,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,025,300
- Florida
- Pinellas County
- Tarpon Springs
- 34689
- 106 E Tarpon Ave