218 Pinellas Avenue, FL
Stellar MLS
1 / 1

$1,300,000

218 Pinellas Avenue

Tarpon Springs, FL 34689

Listing updated: August 6, 2026 at 3:52 PM ET

Active
Stellar MLSListing courtesy of Great Homes Realty Inc · Tomoko Ryan · MLS #TB8534519 · Active · 727-488-4825
0
Baths
6,350
Sq Ft
0.16
Acres
1925
Built
$205/sqft360° tour
Multi-Family 5+

Property type

1925

Year built

6,856 sqft

Lot size

$205

Price / sq ft

No HOA

HOA dues

5

Days on market

x

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

Principal & interest$6,574
Property taxes$1,570
Home insurance (est.)$596

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

  1. Status: Active
    Aug 1, 2026
  2. Listed$1,300,000
    Aug 1, 2026
  3. 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 riskFEMA Zone X

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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MLS GRID

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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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