Tarpon Springs FL Multi-Family Real Estate, Homes for Sale

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!

218 N Pinellas Avenue, Tarpon Springs

$640,000

5 Beds ⋅ 5 Baths ⋅ Cheyneys Paul Sub SubDv. ⋅ 34689 Zip Code

One of a kind property, located at the best area of Tarpon Springs, near the Bayou and near the Antique district. Also walking distance to the famous Sponge Docks. Only 10 min. drive to Fred Howard Park or the Sunset Beach. This is a single family house (2,352s.f.) that needs total renovation, a good size appartment at the back (1,078s.f.). Then you have a separate building on the brick paved street (50 W. Boyer st.A+B), that brings rent of . This property is perfect for owner occupant that can have good rental income from two or three units. Also, the lot on the East side of the property is coming up for sale, so you could build one more house or just have room for a pool.

217 Banana Street, Tarpon Springs

$725,000

4 Beds ⋅ 4 Baths ⋅ Tarpon Spgs Official Map SubDv. ⋅ 34689 Zip Code

Rare opportunity in Tarpon Springs! Built in 2023 and situated on a spacious quarter-acre lot, this unique duplex property offers two separate homes with modern finishes, quality furnishings, and flexible living options. Perfect for multi-generational living, a guest house, private office, or potential rental use, both homes are being sold fully furnished and move-in ready. The main home features an open floor plan with 10-foot ceilings, a spacious living, dining, and kitchen area, an interior laundry room, and a convenient guest bath. The kitchen offers quartz countertops, wood cabinetry, a farmhouse sink, glass cup/bottle rinser, pot filler, and a large island. Upstairs, you'll find three bedrooms, including a primary suite with two closets and an ensuite bath, plus a loft area ideal for an office or sitting space. The second home features an open kitchen and living area, stainless steel appliances, wood cabinetry, butcher block countertops, a half bath, and an upstairs bedroom with ensuite bath. It also includes an oversized one-car garage, washer and dryer, and additional driveway parking. Both homes include smart features such as Schlage smart locks and Ecobee thermostats, along with energy-efficient construction. The property also offers termite protection, is not located in a flood zone, and includes a comprehensive flood risk report. Located right next to the Pinellas Trail and close to historic downtown Tarpon Springs, the Sponge Docks, restaurants, shopping, Fred Howard Park, Gulf beaches, Tampa International Airport, and major entertainment venues. Both homes currently performing well on Airbnb with the smaller 1 bed unit averaging around $3,500 a month!

707 N Disston Avenue, Tarpon Springs

$390,000

4 Beds ⋅ 2 Baths ⋅ Alta Vista Sub SubDv. ⋅ 34689 Zip Code

This beautifully maintained duplex offers strong income potential, flexible rental options, and an ideal location on a private road at 1812 Poinsettia Ave. Each unit features 2 bedrooms, 1 full bathroom, mirrored layouts, and spacious floor plans designed for comfortable living. A major renovation completed in 2015 brought extensive updates throughout both units, including central HVAC systems (2014) with interior air handlers and exterior compressors, updated electrical receptacles, lighting fixtures, switches, ceiling fans, appliances, kitchen and bathroom cabinetry, countertops, interior plumbing drain lines, shower valves, faucets, sinks, and durable tile and laminate flooring throughout (no carpet). Additional improvements included a new roof (2014), fresh interior and exterior paint, and a backyard storage shed. More recent updates enhance the property even further, including new double-pane windows (2024), new water heaters (2026), luxury vinyl plank flooring (2022), updated interior paint (2022), new ceiling and light fixtures, and a brand-new vinyl fence. Separate water and electric meters provide added convenience and efficiency for both owners and tenants. Currently operating as a successful mid-term rental, the property generates approximately $65,622 in gross annual income, with an estimated net income of approximately $29,000 annually at 85% occupancy, leaving room for future upside potential. Investors also have the flexibility to transition to traditional annual leases, with projected rental income of approximately $1,600 per month per unit, equating to an estimated $38,400 in gross annual income. Furnishings may be available for purchase, offering a potential turnkey investment opportunity for buyers looking to continue the mid-term rental operation. Perfect for both seasoned investors and first-time rental property owners, this duplex offers the flexibility to live in one unit while generating income from the other, or maximize cash flow by leasing both units. Ideally located between US-19 and Alternate 19, and just minutes from historic downtown Tarpon Springs, residents enjoy convenient access to beaches, parks, fishing, the Pinellas Trail, shopping, dining, entertainment, and everyday conveniences. Nearby attractions include Fred Howard Park, plus easy access to grocery stores, restaurants, public transportation, and more. Don’t miss this opportunity to own a well-maintained, income-producing property in one of Tarpon Springs’ most desirable and rapidly growing areas!

1812 Poinsettia Avenue, Tarpon Springs

$400,000

2 Beds ⋅ 2 Baths ⋅ Tarpon Heights Rev Of Sec D Of I B Read SubDv. ⋅ 34689 Zip Code

Investor Special....Duplex in the heart of Tarpon Springs. property has endless possibilities.

72 Ada Street, Tarpon Springs

312 E Orange Street Unit B, Tarpon Springs

$665,000

2 Beds ⋅ 4 Baths ⋅ Tarpon Springs Official Map Blk 29, Beg 150ft W Of SubDv. ⋅ 34689 Zip Code

Major price reduction!!! Priced to sell. Discover an exceptional investment opportunity with this historic 1925 quadplex, ideally located in beautiful Tarpon Springs, Florida. This well-maintained property features two cozy studio apartments and two spacious one-bed/one-bath units, offering flexible rental configurations to maximize occupancy and income. With its classic architectural character, mature surroundings, and proximity to the world-famous Sponge Docks, beaches, parks, and vibrant downtown, this quadplex appeals to both long-term tenants and short-term guests. Each unit offers comfortable living spaces, updated essentials and the charm of old Florida. Whether you're building your rental portfolio or seeking a property with immediate cash-flow potential, this quadplex delivers a high ROI with versatile leasing options. A rare chance to own a proven income-producing asset in one of Florida’s beautiful coastal communities.

312 E Orange Street Unit B, Tarpon Springs

$285,000

High Point Park SubDv. ⋅ 34689 Zip Code

Solid income opportunity in a quiet Tarpon Springs neighborhood! Perfect for investors looking to buy and hold, or for a first-time homebuyer to live in one side and rent out the other. This well-maintained duplex features two 1 bed, 1 bath units with 600 sqft each. One unit is currently rented month-to-month at $1,100, with potential for the full property to bring in $2,600/mo. Both units have updated kitchens and bathrooms, tile flooring throughout, and no major repairs needed. Roof is 12 years old with no leaks. Each unit has its own central AC (2019 & 2022) and separate electric meters. Nestled on a quiet street just minutes from downtown Tarpon Springs, the Sponge Docks, Gulf beaches, parks, and top-rated schools. Great long-term value in a high-demand area!

623 Beckett Way, Tarpon Springs

$700,000

8 Beds ⋅ 4 Baths ⋅ Youngs Sub De Luxe SubDv. ⋅ 34689 Zip Code

Discover this sought-after quadplex located in charming Tarpon Springs! Each unit features 2 bedrooms, 1 bathroom, and a spacious living and dining area for comfortable living. Units are equipped with central heating and air, ceiling fans, window coverings, and durable ceramic tile flooring. They were freshly painted prior to the current tenants moving in. The kitchen boast newer refrigerators and stoves, complimented by upgraded cabinets and countertops. Additionally, three of the four bathrooms have been enhanced with stylish wall tiles and updated fixtures. Tenants enjoy private rear entrances from the kitchen, opening to fenced areas for added privacy. Each unit also includes its own stackable washer and dryer for convenience. Ample off-street parking is available for all residents. This property is ideally situated with quick access to US HWY 19 and just minutes away from a wide selection of restaurants, shops, the renowned Sponge Docks, and the stunning Gulf beaches. It's also only 30 miles from Downtown Tampa. Currently performing well, this property offers potential for additional improvements and increased rental income. Please respect the tenants' privacy and do not disturb them. Equal Housing Opportunity. Don't miss out on this fantastic investment opportunity-contact us today before it's gone!

1020 E Lemon Street, Tarpon Springs

$825,000

6 Beds ⋅ 3 Baths ⋅ Youngs Sub De Luxe SubDv. ⋅ 34689 Zip Code

IPrice Improvement! Check out this Turn-Key Opportunity in Tarpon Springs! Great occupancy and already has bookings until March 2025! Your opportunity to own a successful, well-appointed and meticulously cared for opportunity, that has been generating consistent revenue since 2015. Thinking about investing, then this could be a prime opportunity for you or to expand your portfolio! This property benefits from 4 Units, each consisting of a 2 Bedroom, 1 Bathroom Floorplan, that equates to 8 Total Bedrooms and 4 Bathrooms. Located just off the US-19, in the heart of Tarpon Springs, with accessibility to the Sponge Docks, local amenities, hospitals, shopping, restaurants and within a 50-minute journey to Tampa, including the Tampa International Airport, this location is exceptional for the transient rental market. The exterior of the property welcomes the guests with a courtyard feel, palm trees and the beachy tones of the aqua paint, immediately creating that vacation vibe as you arrive. With ample parking, you can arrive, unpack and enjoy! Even if your guests are not staying in one of the four apartments available, then this property benefits from having not one, but three RV parking areas, with access to electric and water hook-ups on 2 spaces and dry camping opportunity which provides for an extra revenue opportunity! The (4), 2 bedroom and 1-bathroom apartments are elegantly furnished and decorated, maintained to a high standard and offers a welcoming experience to the guests who visit. The kitchens, with the granite style worktops, mahogany style cabinets provide a great back drop for your guests to enjoy their morning breakfast and beverage before heading off to enjoy their daily activity! At the end of the day, they can return to the comfort of the spacious living areas, kick off their shoes and relax, or why not enjoy a BBQ outside! The tiled floors in the apartments provide for an easy to maintain environment. On that note, did I mention that the current Cleaning Team would be willing to stay on with the new Owner and keep those apartments sparkling! With newer roofs, Electrical and Plumbing updates, the current Owner has invested in ensuring this property has the best opportunity for success! The current owner is committed to the success of the future owner and is providing the opportunity of a 30-day coaching, post-closing to assist in continued success, along with conveying the website, systems and existing bookings to the new owner. Call today to schedule your tour!

1016 E Lemon Street, Tarpon Springs

1109 E Rohe Street Unit A & B, Tarpon Springs

$400,000

4 Beds ⋅ 2 Baths ⋅ Lake Butler Villa Cos Sub SubDv. ⋅ 34689 Zip Code

AMAZING INCOME OPPORTUNITY in Tarpon Springs, FL. Welcome to 1109 E Rohe Street, an individually metered duplex offering 2-bedroom, 1 bathroom in each unit with their own laundry hook ups nestled in the historic city limits of Tarpon Springs. Conveniently located close to restaurants, shops, markets, golf courses, Pinellas Trail and award-winning beaches. You or your tenants can experience the convenience of city living without sacrificing tranquility. Step inside to discover this thoughtfully designed living space. The open floor plan seamlessly connects the kitchen and living areas, creating an inviting atmosphere for both daily life and entertaining guests. The bedrooms in each unit are on the exterior of the building to offer privacy and comfort for all. Step out back to your own private patio with a shared large fenced in backyard. Each unit has their own laundry closet on their porch. This property has been meticulously maintained and ready for you to move right in or make a great investment. You have plenty of street parking along with a large parking pad out front with 2 spots for each unit. Don't miss the opportunity to make 1109 E Rohe Street yours. Contact us or your realtor to schedule a private tour and experience the lifestyle that awaits.

1109 E Rohe Street Unit A & B, Tarpon Springs

$715,000

Minnehaha Terrace SubDv. ⋅ 34689 Zip Code

$45,000 PRICE REDUCTION. A unique opportunity to buy a unique property with multiple options. Located just a few hundred yards from tranquil Anclote Park, with pavilions, gorgeous beach and public boat slips into Anclote River. From there you can take a short cruise to Tarpon Springs or a longer ride across to Anclote Key. Enjoy world class fishing or the amazing restaurants and shops of nearby Tarpon Springs Sponge Docks. This 2 unit/Duplex has a total of 8 bedrooms, 4 bathrooms and 2 swimming pools. There is an interconnecting door on the second floor that can be locked. The property has previously been used as a profitable vacation rental/Airbnb, being rented separately or together for larger groups or families. Alternatively, you could live in one half and rent the other or it would be a great home for an extended family, there are so many options. Both living areas are on the second floor with the whole of the ground floor garage area being two huge game rooms and a lockable owner storage room. The home is being sold fully furnished and ready to make you money from day 1. Also having the benefit of newer appliances, A/C units, pool pumps and heaters. All of this under $800,000 Wow! It is an investors dream. Call to schedule a viewing today.

1264 Anclote Road, Tarpon Springs

$358,958

4 Beds ⋅ 2 Baths ⋅ Beekmans J C Sub SubDv. ⋅ 34689 Zip Code

***AMAZING INVESTMENT OPPORTUNITY with a HUGE PRICE IMPROVEMENT IN TARPON SPRINGS!!*** Welcome to the charming neighborhood adorned with brick streets and bungalows that locals lovingly refer to as the "The Fruit Bowl". Steps away from SPRING BAYOU where bounds of manatees call home for the cooler months and dolphins roam daily for their fresh catches! Not to mention the home of the largest Epiphany Cross Dive Celebration, outside of Greece itself, each January 6th! This duplex has all you'll need to move right in to the front unit or immediately gain rental income while reimagining the back, much larger unit! Each unit has newer AC's and water heaters (2023). Main Roof (2016), Flat roof on storage and carport (2019). Both bathrooms are fully tiled and updated so no work to do there! Walking distance to all the amazing restaurants, bars, and shops in both Downtown Tarpon Springs and the World Famous Sponge Docks! Minutes away from Craig Park boat ramp and The Pinellas Trail for bicycling your way all the way to St. Petersburg if you're that adventurous ;) ***ATTENTION HOMEBUYERS*** Now offering a 1% interest rate reduction for the first 12 months at no cost to the buyer when using preferred lender. ***SAVE THOUSANDS IN THE 1ST YEAR!!!***CALL FOR DETAILS*** Schedule a showing TODAY and see for yourself all the possibilities!!

311 Bath Street, Tarpon Springs

$504,500

5 Beds ⋅ 3 Baths ⋅ Fairview SubDv. ⋅ 34689 Zip Code

This listing in Tarpon Springs sounds absolutely delightful! With three bedrooms and two bathrooms in the main unit, there's plenty of room for a family to comfortably spread out. And the addition of a second unit with two bedrooms and one bathroom provides flexibility for guests or potential rental income. The screened-in patio is a standout feature, offering a perfect spot to enjoy Florida's beautiful weather without worrying about insects. Plus, the open patio in the second unit adds another inviting outdoor space for relaxation or entertaining. The separate storage workshop is a practical bonus, ensuring that there's ample space to store tools and equipment without cluttering up the living areas. Situated on a spacious wooded lot, this property offers privacy and tranquility, creating a serene oasis for nature lovers. Waking up to the sounds of birds chirping and enjoying morning coffee surrounded by lush greenery sounds like a dream! The proximity to Tarpon Sponge Docks adds to the appeal, providing easy access to local attractions and amenities. And with its potential as a short-term rental, this property offers an exciting opportunity for a high return on investment. Overall, this listing has so much to offer, combining comfort, convenience, and natural beauty in a truly appealing package. It's sure to attract interest from buyers looking for a slice of paradise in Tarpon Springs.

1236 Grove Avenue, Tarpon Springs

$970,000

12 Beds ⋅ 12 Baths ⋅ Tarpon Spgs Official Map SubDv. ⋅ 34689 Zip Code

One or more photo(s) has been virtually staged. Brand New Contruction Duplex - Rare Find! Amazing Duplex with each unit featuring 3 bedrooms, 3.5 bathrooms, living room, dining room, plus study/office, spacious ktichen with breakfast bar and each unit has a 3 car garage! Both units are light and bright featuring ceramic tile flooring through out. This duplex boast high energy efficiency ratings as the walls and attic have spray foam insulation, hurricaine windows and doors. The property is located in the Tarpon Springs Short Term Rental District. This could make a great short term rental or even owner occupied unit. This property has so much potential for being a short term rental! Call today!

310 Hibiscus Street, Tarpon Springs

$293,245

Tarpon Spgs Enterprises SubDv. ⋅ 34689 Zip Code

Duplex in Tarpon Springs!! Located just south (.4 miles) of Beautiful Downtown Tarpon Springs on the west side of Pinellas Avenue. As you approach the property you arrive at a fenced in private yard leading to the entrance of the 1/1 apartment. When you enter the apartment, you are greeted by an open kitchen/living area. Adjacent to the living area is the entrance to the bedroom. To the left & down a short hall, you come to a storage closet and the bathroom. After exiting the 1/1 to your left is sidewalk that leads you around to the rear of the property. Turn the corner & you arrive at a small patio overlooking the private back yard. Ahead is the entrance to the 2/1 apartment. Upon entering you are welcomed by wood flooring, a wood paneled ceiling drawing your eye to the kitchen. Kitchen features open shelving accented with a farm style sink contributing to a cozy environment for entertaining and relaxation. Directly off the living area is the entrance to the 1st bedroom boasting wood floors. Continuing on you arrive at the entrance to the 2nd bedroom also with wood floors, a multi-use closet and the finely done bathroom.

31 W Oakwood Street, Tarpon Springs

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