Property
ActiveResidential
1/59
$1,295,000

531 ATHENS STREET

Tarpon Springs, FL 34689
2
Beds
2
Baths
2,772
SqFt
0.1
Acres
STELLAR
#TB8506409
Updated: May 8, 2026, 9:08am

Property Description

One or more photo(s) has been virtually staged. 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 property is also listed commercially TB8506284)
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Included Appliances
None

Property Details

Interior
Bathrooms Total Decimal
2
Building Area Total
2772
Cooling
Mini-Split Unit(s)None
Flooring
Other
Furnished
Unfurnished
Heating
NoneOther
Interior Features
Ninguno
Laundry Features
Other
Living Area
2772
Rooms Total
4
Virtually Staged
Yes
Construction
Building Area Source
Estimated
Building Area Units
Square Feet
Construction Materials
BlockConcreteStuccoWood Frame
Direction Faces
North
Foundation Details
Slab
Levels
Two
Living Area Source
Estimated
Living Area Units
Square Feet
Roof
Shingle
Year Built
1911
Site & Exterior
Exterior Features
Balcony
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 Surface Type
AsphaltBrick
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Other
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
467.17
Contract Status Change Date
2026-05-07
Current Price
1295000
Feed Types
BBO
Lease Considered
Yes
Lease Expiration
2029-08-31
Minimum Lease
1-7 Days
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
WalkScore™
Walk Score
Somewhat Walkable
69
Transit Score
Some Transit
26
Bike Score
Somewhat Bikeable
48
Listing provided courtesy of STELLAR via IDX. Updated: May 8, 2026, 9:08am.
Christina Paolillo

Listing Agent

CHARLES RUTENBERG REALTY INC

Call Agent