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124 Athens St - Prime Downtown Tarpon Springs Development Lot 0.09 Acres of Commercial Land Offered at $249,000 in Tarpon Springs, FL 34689

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Investment Highlights

  • Prime Downtown Tarpon Springs Lot
  • Steps to Sponge Docks
  • Commercial Zoning

Executive Summary

LOCATION! LOCATION! LOCATION! Opportunity to own commercial-zoned land in the residential heart of downtown Tarpon Springs - just steps from the famous Sponge Docks.
PRICED AS LAND VALUE ONLY. Existing 1,102 SF structure (1924) has storm damage and is sold strictly AS-IS with no warranties. Value is entirely in the premium location and flexible commercial zoning.
UNBEATABLE LOCATION:
Walk to the Sponge Docks, waterfront parks, authentic Greek restaurants, boutique shops, art galleries, and weekend festivals. One of the most desirable locations in Pinellas County.
DEVELOPMENT POTENTIAL:
Commercial zoning - run a business, vacation rental, office, retail
Renovate the existing structure - rehab and flip or rent
Tear down and build new - maximize the location with flex space or small warehouse
Live/work opportunity - operate business and live on-site
Investment play - strong rental demand in tourist district
PROPERTY CONDITION - READ CAREFULLY:
The existing structure has storm damage and is being sold AS-IS with absolutely no repairs, warranties, or representations about condition. The building may need extensive renovation or demolition. Buyer is responsible for all inspections, permits, contractors, and due diligence.
PRICED AT $249,000 FOR THE LAND AND LOCATION ONLY - the structure has no attributed value.
WHY THIS IS A GREAT OPPORTUNITY:
Steps from 1M+ annual tourists visiting Sponge Docks
Rare commercial zoning in residential neighborhood
Flexible use - business, rental, redevelopment
Walkable downtown location - high demand, limited inventory
Tourist destination with strong rental market - year-round activity and foot traffic

Property Facts

Price $249,000
Sale Type Investment or Owner User
Sale Conditions
Distress Sale
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.09 AC
Zoning GB - General Business - GB - General Business District Future Land Use: R&S - Retail & Services

1 Lot Available

Lot

Price $249,000
Price Per AC $2,766,666.67
Lot Size 0.09 AC

Lot Size: 0.09 acres (40’ x 100’) Zoning: Commercial Occupancy: Vacant On-site + street parking available Utilities available: water, electric

Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
12-27-15-15264-000-0400
Land Assessment
$109,522
Improvements Assessment
$92,768
Total Assessment
$202,290
  • Listing ID: 39645198

  • Date on Market: 3/3/2026

  • Last Updated:

  • Address: 124 Athens St, Tarpon Springs, FL 34689

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