Property
ActiveCommercial
1/57
$1,295,000

531 ATHENS STREET

Tarpon Springs, FL 34689
0
Beds
0
Baths
2,772
SqFt
0.1
Acres
STELLAR
#TB8506284
Updated: May 8, 2026, 6:38am

Property Description

One or more photo(s) has been virtually staged. Exceptional mixed-use investment opportunity in the heart of the world-famous Tarpon Springs Sponge Docks. Located on highly desirable Athens Street, this income-producing property offers the perfect blend of commercial and short-term rental potential in one of Florida’s most vibrant waterfront destinations. All structural renovations have been complete. Building is fortified and reinforced.

The downstairs commercial space is home to an established full bar with a long-term tenant already in place, providing immediate and consistent income.

Upstairs features a beautifully versatile residential space ideal for Airbnb or vacation rental use, complete with 2 sleeping areas including a private bedroom and loft, full kitchen, full bathroom, and a layout designed for comfortable coastal living. Photos show potential renovation ideas.

Positioned just steps from the marina, restaurants, nightlife, live music, shopping, and the historic Sponge Docks, this property offers strong tourism appeal and exceptional upside for investors seeking cash flow and future growth potential.

Rare opportunity to own a prime property in one of Tampa Bay’s most iconic destination locations. (this listing has also been listed TB8506409)
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Property Details

Interior
Building Area Total
2772
Cooling
Mini-Split Unit(s)None
Living Area
2772
Virtually Staged
Yes
Construction
Building Area Source
Estimated
Building Area Units
Square Feet
Construction Materials
BlockConcreteStuccoWood Frame
Foundation Details
Slab
Living Area Units
Square Feet
Year Built
1911
Site & Exterior
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.1
Lot Size Area
4395
Lot Size Square Feet
4395
Lot Size Units
Square Feet
Public Survey Range
15
Public Survey Section
12
Road Frontage Type
City Street
Road Surface Type
AsphaltBrick
Total Acreage
0 to less than 1/4
Financials
Calculated List Price By Calculated Sq Ft
467.17
Contract Status Change Date
2026-05-07
Current Price
1295000
Feed Types
BBO
Ownership
Fee Simple
Parcel Number
122715412380000020
Public Survey Township
27
Tax Annual Amount
8047
Tax Block
block
Tax Book Number
H6-4
Tax Legal Description
HOPE'S 'B' LOT 2 AND N 35FT OF LOT 1
Tax Lot
2
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34689 - Tarpon Springs
Subdivision Name
HOPES B
Listing provided courtesy of STELLAR via IDX. Updated: May 8, 2026, 6:38am.
Christina Paolillo

Listing Agent

CHARLES RUTENBERG REALTY INC

Call Agent