Property
ActiveLand
1/18
$1,525,000

404 CANAL STREET

Tarpon Springs, FL 34689
0
Beds
0
Baths
0
SqFt
0.67
Acres
STELLAR
#W7882220
Updated: Jan 22, 2026, 11:23am

Property Description

Over 1.2 acre of Grade A infill redevelopment site. With a multi family zoning of 15 units per acre this property is highly suitable for a prime townhome development. The opportunity with infill sites such as this, is not only rare but allows for existing charm of an established neighborhood. Red brick streets, water views, and walkability to everything Tarpon Springs sets this site above and beyond. This property currently has two buildings which make up 7 rental units, separately metered for power. There would be impact fee credits available to the buyer after demolition of the existing structures. The RM Zoning allows for a variety of uses above and beyond multi family.
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Property Details

Site & Exterior
Current Use
Residential
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.67
Lot Size Area
29098
Lot Size Dimensions
103 x 138
Lot Size Square Feet
29098
Lot Size Units
Square Feet
Number Of Lots
2
Public Survey Range
15
Public Survey Section
12
Road Surface Type
Brick
Sewer
Public Sewer
Total Acreage
1 to less than 2
Utilities
Cable Available
Water Source
Public
Zoning
RM-15
Financials
Additional Parcels
Yes
Additional Parcels Description
12-27-15-16902-000-0030
Calculated List Price By Calculated Sq Ft
52.41
Contract Status Change Date
2026-01-20
Current Price
1525000
Feed Types
BBO
Owner Name
DENAMI HOLDINGS LLC
Ownership
Fee Simple
Parcel Number
122715169020000060
Price Per Acre
2276119
Public Survey Township
27
Tax Annual Amount
10210.52
Tax Block
X
Tax Book Number
21-73
Tax Legal Description
COCORIS & ALEFANTIS SUB LOTS 6 THRU 9 & N 1/2 OF VAC ALLEY ADJ ON S TOGETHER WITH THAT PART OF LOTS 10 & 11 OF CHEYNEY'S, J.K. SUB & S 1/2 OF VAC ALLEY ADJ ON N ALL DESC BEG NW COR OF SD LOT 9 TH N60D20'E 198.8FT TH S13D57'E 153.5FT TH S76D03'W 185.9 6FT TH S13D57'E 44.31FT TH "N70D07'49""W 85.83FT TH" N20D36'E 116.87FT TO POB PER O.R. 21594/1438
Tax Lot
9
Tax Year
2024
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34689 - Tarpon Springs
Subdivision Name
COCORIS & ALEFANTIS SUB
Listing provided courtesy of STELLAR via IDX. Updated: Jan 22, 2026, 11:23am.
David Banther

Listing Agent

TARAPANI BANTHER & ASSOC LLC

Call Agent