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Active - Multi Family for sale

218 N PINELLAS AVENUE, Tarpon Springs, FL

6,350 sqft

Facts & features

Multi Family Property type
107 days on Beycome
1925 Year built
$197 Price/Sqft.
6,856 sqft Lot size

Why you’ll love it

HUGE PRICE REDUCTION! 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)! ALL UNITS ARE RENTED! 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!

Translating description...

Listings courtesy of GREAT HOMES REALTY INC as distributed by MLS GRID.

Listed by: Tomoko Ryan • tomokokryan@gmail.com • GREAT HOMES REALTY INC

Co-listed by: GREAT HOMES REALTY INC

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8534519 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$815,000$1,690,000
1%20%
0%90%
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Estimated monthly payment

$7,890/mo

  • Mortgage$6,321
  • Property tax$1,570
  • HOA fee
  • Homeowners insurance
Due at closing$993,750
Down payment held in escrow$250,000
Closing costs$18,750
beycome credit Est.$25,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$25,000 Credit back

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Travel times

About Noblitts G E

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. 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.

$1,250,000 Listed price

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$25,000 Credit back

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