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ASPECTOS DESTACADOS
- Fully rented long, term rentals
- Fully renovated and operational
- Downtown Tarpon Springs location, minutes from the beach and Sponge Docks
RESUMEN EJECUTIVO
For Sale: 11-Unit Apartment Complex
218 N Pinellas Ave, Tarpon Springs, FL
Investment Summary
Fully Rented | $13,400 Monthly Rental Income
Net Operating Income (NOI): $115,536 per year
Cap Rate: 7.45% (based on $1,550,000 purchase price)
Zoned for Multifamily Use
No Owner Financing
Why This Property is a Good Investment
Immediate cash flow – all 11 units are currently rented
Turnkey and well maintained – minimal repairs needed
Professionally managed – admin fee already included
Low operating costs – includes cleaning, gardening, insurance, and property taxes
Why Tarpon Springs is a Great Location
Tarpon Springs is a unique Florida coastal town, just 30 minutes from Clearwater in the Tampa Bay area. It offers strong rental demand and long-term value.
Culture & History
Founded in 1876 with strong Greek heritage
Known for the historic Sponge Docks and Greek restaurants
Downtown features classic architecture and annual cultural events
Waterfront Access
Located near the Gulf of Mexico
Ideal for boating, kayaking, and fishing
Close to beaches, parks, and nature trails
Great Community for Renters
Affordable cost of living
Low crime rate and quality schools
Popular with families, professionals, and retirees
Friendly, small-town feel with local tourism appeal
Financial Overview
Description:
Monthly Rental Income: $13,400
Monthly NOI (after expenses):$9,628
Annual NOI:$115,536
Cap Rate (at $1.55M): 7.45%
Investor Info:
This is a ready-to-go income-producing property
No renovation or tenant sourcing needed
Located in a stable, in-demand rental market
Long-term upside in a culturally rich and growing area
Contact for More Information or a Tour
This is a great opportunity for an investor looking for consistent income in a strong Florida market.
No Owner Financing
Showings by Appointment Only
Seller: GRECO ENTERPRISES LLC
Phone: 727-698-4945 (Sofia Pons) Property Manager
Email: ariamanagementfl@gmail.com
218 N Pinellas Ave, Tarpon Springs, FL
Investment Summary
Fully Rented | $13,400 Monthly Rental Income
Net Operating Income (NOI): $115,536 per year
Cap Rate: 7.45% (based on $1,550,000 purchase price)
Zoned for Multifamily Use
No Owner Financing
Why This Property is a Good Investment
Immediate cash flow – all 11 units are currently rented
Turnkey and well maintained – minimal repairs needed
Professionally managed – admin fee already included
Low operating costs – includes cleaning, gardening, insurance, and property taxes
Why Tarpon Springs is a Great Location
Tarpon Springs is a unique Florida coastal town, just 30 minutes from Clearwater in the Tampa Bay area. It offers strong rental demand and long-term value.
Culture & History
Founded in 1876 with strong Greek heritage
Known for the historic Sponge Docks and Greek restaurants
Downtown features classic architecture and annual cultural events
Waterfront Access
Located near the Gulf of Mexico
Ideal for boating, kayaking, and fishing
Close to beaches, parks, and nature trails
Great Community for Renters
Affordable cost of living
Low crime rate and quality schools
Popular with families, professionals, and retirees
Friendly, small-town feel with local tourism appeal
Financial Overview
Description:
Monthly Rental Income: $13,400
Monthly NOI (after expenses):$9,628
Annual NOI:$115,536
Cap Rate (at $1.55M): 7.45%
Investor Info:
This is a ready-to-go income-producing property
No renovation or tenant sourcing needed
Located in a stable, in-demand rental market
Long-term upside in a culturally rich and growing area
Contact for More Information or a Tour
This is a great opportunity for an investor looking for consistent income in a strong Florida market.
No Owner Financing
Showings by Appointment Only
Seller: GRECO ENTERPRISES LLC
Phone: 727-698-4945 (Sofia Pons) Property Manager
Email: ariamanagementfl@gmail.com
RESUMEN FINANCIERO (Real - 2025) Haz clic aquí para acceder |
ANUAL | ANUAL POR m² |
|---|---|---|
| Ingresos brutos por alquiler |
$99,999
|
$9.99
|
| Otros ingresos |
-
|
-
|
| Pérdida de vacío |
-
|
-
|
| Ingresos brutos efectivos |
$99,999
|
$9.99
|
| Ingresos netos de explotación |
-
|
-
|
RESUMEN FINANCIERO (Real - 2025) Haz clic aquí para acceder
| Ingresos brutos por alquiler | |
|---|---|
| Anual | $99,999 |
| Anual por m² | $9.99 |
| Otros ingresos | |
|---|---|
| Anual | - |
| Anual por m² | - |
| Pérdida de vacío | |
|---|---|
| Anual | - |
| Anual por m² | - |
| Ingresos brutos efectivos | |
|---|---|
| Anual | $99,999 |
| Anual por m² | $9.99 |
| Ingresos netos de explotación | |
|---|---|
| Anual | - |
| Anual por m² | - |
INFORMACIÓN DEL EDIFICIO
CARACTERÍSTICAS DEL EDIFICIO
- Detector de humo
CARACTERÍSTICAS DE LA UNIDAD
- Aire acondicionado
- Preinstalación de cables
- Ventiladores de techo
- Suelos de baldosas
- Cocina
- Encimeras de granito
- Nevera
- Horno
- Electrodomésticos de acero inoxidable
- Fogón
- Bañera/Ducha
- Vestidores
- Sótano
- Sala de estar
- Armario de ropa blanca
- Oficina
- Libre de humo
- Suelos de vinilo
CARACTERÍSTICAS DEL ESPACIO
- Patio
- Cocina de gas
- Almacén/trastero
UNIDAD INFORMACIÓN DE MEZCLA
| DESCRIPCIÓN | N.º DE UNIDADES | ALQUILER MEDIO/MES | m² |
|---|---|---|---|
| Estudios | 6 | 766,17 € | 46 |
| 1+1 | 3 | 1.107 € | 70 |
| 2+1 | 3 | 1.277 € | 93 |
Walk Score®
Muy accesible a pie (85)
IMPUESTOS DEL INMUEBLE
| Número de terreno | 12-27-15-60228-000-0050 | Evaluación de las mejoras | 659.753 € |
| Evaluación del terreno | 191.547 € | Evaluación total | 851.300 € |
IMPUESTOS DEL INMUEBLE
Número de terreno
12-27-15-60228-000-0050
Evaluación del terreno
191.547 €
Evaluación de las mejoras
659.753 €
Evaluación total
851.300 €
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VÍDEOS
MATTERPORT TOUR EXTERIOR EN 3D
MATTERPORT TOUR EN 3D
FOTOS
STREET VIEW
CALLE
MAPA
Elaborado por
218 N Pinellas Ave
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