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112 E Martin Luther King Jr Dr 1,244 SF Office Building Tarpon Springs, FL 34689 $469,000 ($377.01/SF)



Executive Summary
Freestanding 1,244 SF building on a 0.23-acre parcel with frontage on E Martin Luther King Jr Drive in Tarpon Springs. Zoned AC - Activity Center by the City of Tarpon Springs, which allows for a range of commercial and mixed uses. Built in 1901 and recently renovated throughout, the structure is a converted residence currently configured as two private offices plus a reception/entry area, kitchen, dining/conference area and one restroom - a practical footprint for professional office, studio, or service use. Improvements include luxury vinyl plank flooring, central electric HVAC and a tankless water heater. Public water and sewer. A detached covered structure measuring approximately 20' x 38' provides on-site covered parking, and the level, cleared, chain-link fenced lot offers room for additional parking or expansion. Frontage on a paved 40' right-of-way with concrete sidewalk and curb; 20' alley access at the rear. Located within city limits, minutes from downtown Tarpon Springs and the Sponge Docks, and directly across from newly constructed multifamily. Flood Zone AE. Delivered vacant. Buyer and buyer's agent to independently verify zoning, permitted uses, square footage, lot dimensions and all measurements with the City of Tarpon Springs and Pinellas County.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,244 SF
Building Class
C
Year Built
1901
Price
$469,000
Price Per SF
$377.01
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,244 SF
Building FAR
0.12
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
AC - AC - Activity Center, City of Tarpon Springs. Buyer to verify permitted uses with the City.
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 13-27-15-89946-003-0060 | Improvements Assessment | $92,867 |
| Land Assessment | $152,000 | Total Assessment | $244,867 |
Property Taxes
Parcel Number
13-27-15-89946-003-0060
Land Assessment
$152,000
Improvements Assessment
$92,867
Total Assessment
$244,867
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112 E Martin Luther King Jr Dr
