
$1,300,000
218 Pinellas Avenue
Tarpon Springs, FL 34689
Listing updated: August 6, 2026 at 3:52 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Wooowww!!! Prime multi-family investment opportunity!!! Highly sought after well located apartment building! 11 UNIT APARTMENT BUILDING in Tarpon Springs, Florida (2 bed 1 bath x 3, 1 bed 1 bath x 8)! Exceptional opportunity to acquire a 11 unit apartment building in one of Pinellas County’s most desirable and rapidly growing coastal communities! This multi-family investment property offers investors the chance to own a well-located income-producing asset with strong rental demand and excellent long-term appreciation potential. Ideally situated within minutes from Downtown Tarpon Springs, the world-famous Tarpon Springs Sponge Docks, Sunset Beach, the Pinellas Trail, marinas, shopping, restaurants, and major roadways including highway. Incredible convenience while attracting a wide tenant base. Whether you are expanding your real estate portfolio, completing a 1031 exchange, or seeking a stable cash-flow investment, this 11 unit multi-family property presents a rare opportunity! This apartment building is ideally positioned for investors seeking multi-family real estate, rental property, income property, investment real estate, or a value-add opportunity in Pinellas County. Conveniently located near Clearwater, Dunedin, Palm Harbor, and the beautiful Gulf beaches, the property offers an exceptional combination of location, income potential, and long-term value! It is extremely rare that a 11 unit apartment building in Tarpon Springs becomes available in such an amazing location! Don’t miss this great opportunity to own a premier multi-family investment property in one of Tampa Bay’s most vibrant and historic coastal communities! Schedule your showing today!
Estimated monthly payment
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 history5 days on market
- Status: ActiveAug 1, 2026
- Listed$1,300,000Aug 1, 2026
- Price increased$1,300,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 5
- Subdivision
- Noblitts G E
- County
- Pinellas
- Year built
- 1925
- Living area
- 6,350 sq ft
- Price/sq ft
- $205
- Lot size
- 6,856 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- x
- Annual taxes
- $18,837 (2025)
- Parcel #
- 12-27-15-60228-000-0050
- MLS #
- TB8534519
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Heating & Cooling
- Heating
- Electric
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
Listing Details
- Listing date
- 2026-07-30
- On market date
- 2026-08-01
- Original list price
- $1,300,000
- Occupant type
- Tenant
- MLS area
- 34689 - Tarpon Springs
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-08-01
- Tax legal description
- NOBLITT'S, G.E. LOT 5 AND N 18.5FT OF LOT 7
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Alt 19 to Tarpon Springs (Alt 19 changes names a few times but is Pinellas Ave in Tarpon Springs). The property is North of Downtown Tarpon Springs.
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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 August 6, 2026 at 3:52 PM 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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