218 N Pinellas Avenue
Tarpon Springs, FL 34689

Vacant newly remodeled.Close to the Beach and Downtown Tarpon Springs. PRICE NOW REDUCED!Unique Opportunity in Tarpon Springs!, Ready for long-term rentals.This apartment building is a renovated 12-unit multifamily building at 218 N Pinellas Avenuein the heart of historic Tarpon Springs, Florida.The building offers a mix of:- Three two-bed/one-bath units- Six one-bed/one-bath units. !% Bedrooms and 11 Bathrooms. - Two studios, and one management office suite.-Renovations on walls, ceilings, etc-new flooring tile and vinyl-fresh paint-modern kitchen cabinets with quartz countertops,-New appliances (new ranges, new fridges)-New bathrooms, also all bathtub were porcelainized-Reinforced structure, concrete columns.-New asphalt parking spacesAdditional improvements include:New secure doors, durable and resistant flooring, a modern electrical system with LEDlighting, efficient gas and plumbing systems, new water heaters.This property has not been affected by any flood or hurricane damage, ensuring it's properlystructured and supported.For investors, 218 N Pinellas Avenue represents an exceptional opportunity. It requiresminimal maintenance while offering solid rental income potential. With a historically highoccupancy rate and a projected 9.39% return on investment.EXCELLENT LOCATION DOWNTOWN PROPERTY!!! 218 N Pinellas Avenue is a shortwalk to the scenic Anclote River, local parks, and stunning beaches like Fred Howard ParkBeach (9 minutes from the property) and from Sunset Beach (7 minutes.Amid the Pinellas Trail Corridor District in a lively tourist area, 218 N Pinellas Avenue ispositioned for future redevelopment opportunities.Employment centers like Florida Hospital North Pinellas and St. Pete College is within 2miles, and the nearby Walmart Supercenter offers additional convenience for residents.Smooth access to major highways such as US Highway 19 and Interstate 275 makescommuting and travel a breeze.Live in the Center of Action:- Walking distance to shopping centers (City Plaza, Sponge Exchange, Tarpon Plaza)- Close proximity to natural parks (Anclote Key Preserve, Brooker Creek Preserve, JohnChesnut Sr. Park)- Near renowned hospitals (AdventHealth, Morton Plant, Medical Center of Trinity)Connectivity and Convenience:- Walk Score: 85 (highly walkable area)- Easy access to public transportation (score 32)- Bike infrastructure (bike score 68)Education:Colleges & Universities:St Petersburg, Tarpon SpringsDrive: 6 min 3.1 miSt Petersburg, ClearwaterDrive: 21 min 13.9 miPasco-Hernando C.C., WestDrive:28 min 14.5 miSt Petersburg College., EpiCenterDrive:29 min 19.7 mi218 N Pinellas Ave is within 6 minutes or 3.1 miles from St Petersburg, Tarpon Springs.It is also near St Petersburg, Clearwater and Pasco-Hernando C.C., West.