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$ 2,115,000
$ 2,175,000 2.8%
13,104 SqFt
$ 2,115,000
$ 2,175,000 2.8%
13,104 SqFt
Key Details
Sold Price $2,115,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 13,104 sqft
Price per Sqft $161
Subdivision Tarpon Spgs Official Map
MLS Listing ID U8247967
Sold Date 04/09/25
HOA Y/N No
Originating Board Stellar MLS
Year Built 1914
Annual Tax Amount $17,779
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 74x162
Property Sub-Type Mixed Use
Property Description
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.
Location
State FL
County Pinellas
Community Tarpon Spgs Official Map
Interior
Cooling Central Air, Other, Wall/Window Unit(s)
Building
Story 2
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Block
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Bought with STONEBRIDGE REAL ESTATE CO