$1,525,000

404 Canal Street

Tarpon Springs, FL 34689

Listing updated: January 22, 2026 at 7:40 AM ET

Active

Baths

0.67

Acres

◆$52/sqft◆360° tour

Land

Property type

29,098 sqft

Lot size

$52

Price / sq ft

No HOA

HOA dues

Days on market

Flood zone

About this home

Over 1.2 acre of Grade A infill redevelopment site. With a multi family zoning of 15 units per acre this property is highly suitable for a prime townhome development. The opportunity with infill sites such as this, is not only rare but allows for existing charm of an established neighborhood. Red brick streets, water views, and walkability to everything Tarpon Springs sets this site above and beyond. This property currently has two buildings which make up 7 rental units, separately metered for power. There would be impact fee credits available to the buyer after demolition of the existing structures. The RM Zoning allows for a variety of uses above and beyond multi family.

Estimated monthly payment

Principal & interest$7,711

Property taxes$851

Home insurance (est.)$699

Down payment

20%

$305,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history2 days on market

Status: Active
Jan 20, 2026
Listed$1,525,000
Jan 20, 2026
Price increased$1,525,000

Facts & features

Property type: Land
Status: Active
Days on market: 2
Subdivision: Cocoris & Alefantis Sub
County: Pinellas
Price/sq ft: $52
Lot size: 29,098 sq ft
Lot category: 1 to less than 2
Flood zone: AE (12103C0019H)
Annual taxes: $10,211 (2024)
Parcel #: 12-27-15-16902-000-0060
Zoning: RM-15
MLS #: W7882220

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Listing terms: Cash, Conventional
Ownership: Fee Simple

Exterior & Construction

Road surface: Brick

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Available

Listing Details

Listing date: 2026-01-20
On market date: 2026-01-20
Original list price: $1,525,000
MLS area: 34689 - Tarpon Springs
Listing AOR: West Pasco
Status changed: 2026-01-20
Tax legal description: COCORIS & ALEFANTIS SUB LOTS 6 THRU 9 & N 1/2 OF VAC ALLEY ADJ ON S TOGETHER WITH THAT PART OF LOTS 10 & 11 OF CHEYNEY'S, J.K. SUB & S 1/2 OF VAC ALLEY ADJ ON N ALL DESC BEG NW COR OF SD LOT 9 TH N60D20'E 198.8FT TH S13D57'E 153.5FT TH S76D03'W 185.9 6FT TH S13D57'E 44.31FT TH "N70D07'49""W 85.83FT TH" N20D36'E 116.87FT TO POB PER O.R. 21594/1438

Flood risk

High riskFEMA Zone AEPanel 12103C0019H

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

South on Tarpon Ave, North on Spring, North on Grand, West on Park.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of January 22, 2026 at 7:40 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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