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317 Tarpon Ave E
Tarpon Springs, FL 34689
10% CAP RATE! THE TARPON AVE. APARTMENTS! · Multifamily Property For Sale
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15 Units
Investment Highlights
- 10% CAP RATE AND 20%+ CASH-ON-CASH RETURN!
- UNDER MARKET RENTAL RATES IN PLACE, GIVING THE BUYER MASSIVE UPSIDE!
- 100% OCCUPIED!
- LOW RENTAL RATES, GIVING THE BUYER MASSIVE UPSIDE POTENTIAL!
- PERFECT MIX OF BOTH LONG-TERM AND SHORT-TEAM LEASES IN-PLACE GIVING THE BUYER THE ABILITY TO RAISE RENTAL RATES IMMEDIATELY!
- PRIME LOCATION IN DOWNTOWN TARPON SPRINGS!
Property Facts
| No. Units | 15 | Building Size | 6,928 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1916/2018 |
| Building Class | C | Parking Ratio | 2.7/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | SAP | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,928 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1916/2018 |
| Parking Ratio | 2.7/1,000 SF |
| Zoning | SAP |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Hardwood Floors
- Refrigerator
- Oven
- Yard
- Family Room
- Freezer
- Vinyl Flooring
Site Amenities
- Courtyard
- Laundry Facilities
About 317 TARPON AVE E , TARPON SPRINGS, FL 34689
THE TARPON AVENUE APARTMENTS SITS IN A PRIME LOCATION IN DOWNTOWN TARPON SPRINGS! TARPON AVENUE IS THE MAIN ROAD IN DOWNTOWN TARPON SPRINGS, WHERE MOST OF THE CITY’S BEST RETAIL SHOPS, RESTAURANTS, AND RESIDENTIAL RENTAL UNITS ARE LOCATED. TARPON SPRINGS OVERLOOKS THE GLISTENING ST. JOSEPH SOUND, OFF THE GULF OF MEXICO. WHILE TARPON SPRINGS IS FAMOUS FOR ITS HISTORICAL LANDMARKS AND TOURIST ATTRACTIONS.
Property Taxes
| Parcel Number | 12-27-15-89982-029-0108 | Improvements Assessment | $188,398 |
| Land Assessment | $131,602 | Total Assessment | $320,000 |
Property Taxes
Parcel Number
12-27-15-89982-029-0108
Land Assessment
$131,602
Improvements Assessment
$188,398
Total Assessment
$320,000
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