Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    131 Hibiscus St Tarpon Springs, FL 34689

    Sponsored
    For Sale
    $615,000

    Mixed Use - TARPON SPRINGS, FL

    Type:Mixed Use
    Property size:
    3,550 SF
    Lot size:
    0.14 Acres
    Days on Market:
    42
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 131 Hibiscus St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    12-27-15-60228-000-0120
    Size
    3,550 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Membrane
    Architectural style
    Other

    RE/MAX Marketing Specialist (727) 789-5555 [email protected]

    Listing agent Nicholas Vavoulis (727) 853-7801 License #3039347

    Listing date Nov 25, 2025

    MLS# W7878667 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restored Commercial Space in Tarpon

    Located in Tarpon Springs, the restored commercial space at 131 Hibiscus Street presents an opportunity to establish a business in a well-known area. Constructed in 1910, the property features a historic facade and an interior suitable for modern operations. The building includes updated 3-phase electrical service, ADA-compliant restrooms, new AC units, and a roof installed in 2018 with a 40-year lifespan. The layout is designed to accommodate customer flow with convenient parking and rear delivery access. Storage space is available, making the property adaptable for retail, hospitality, dining, or professional use. Situated near the Sponge Docks and Spring Bayou, the location benefits from consistent activity, visibility, and foot traffic. The property is currently occupied by a brewery and sandwich shop, with the potential for acquiring the existing operation as a turnkey concept. The property size is 3,550 square feet and the lot size is 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    5 Branches Brewing Brewery Beach Bum Brewing Coffee Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Flowers Tarpon Spring Florist

    Location Insight

    • Map
    • Local Demand
    City
    Tarpon Springs
    County
    Pasco
    State
    Florida
    Longitude
    -82.756229
    Latitude
    28.147901

    Nearby Similar for Sale

    • $875,000
      2,063 SF

      Waterfront Restaurant and Bar For Sale

      Highway frontage property with established waterfront bar and restaurant.
      1761 Beckett Way, Tarpon Springs, FL 34689
      View Details
    • $780,000
      2,560 SF

      Historic Quadplex in Tarpon Springs

      1925 quadplex in Tarpon Springs, Florida, near Sponge Docks.
      312 E Orange St, Tarpon Springs, FL 34689
      View Details
    • $439,000
      1,940 SF

      Tarpon Springs Duplex Investment Opportunity

      Well-maintained duplex in desirable area, ideal for investors/owner-occupants.
      605 S Disston Ave, Tarpon Springs, FL 34689
      View Details
    • $795,000
      2,422 SF

      Downtown Tarpon Springs Mixed-Use Building

      Landmark commercial building in the heart of downtown Tarpon Springs.
      312 E Tarpon Ave, Tarpon Springs, FL 34689
      View Details
    • $1,300,000

      Tarpon Springs Retail/Office Opportunity

      Mixed-use property near Sponge Docks with retail and office space.
      531 Athens St, Tarpon Springs, FL 34689
      View Details
    • $119,000
      7.24 Acres

      Waterfront Land in 55+ Community

      Land with boat slip in waterfront 55+ community.
      800 Chesapeake Dr, Tarpon Springs, FL 34689
      View Details
    • $119,000
      7.24 Acres

      Waterfront Land in 55+ Community

      Land with boat slip in waterfront 55+ community.
      800 Chesapeake Dr, Tarpon Springs, FL 34689
      View Details
    • New
      $450,000
      1,001 SF

      Freestanding Office Building Near Downtown

      Versatile office building near downtown and Sponge Docks.
      1201 N Pinellas Ave, Tarpon Springs, FL 34689
      View Details
    • $399,000
      0.19 Acres

      Waterfront Land in Tarpon Springs

      Waterfront property with potential for custom home construction.
      56 Inness Dr, Tarpon Springs, FL 34689
      View Details
    • $2,116,150
      6,700 SF

      Keystone Road Veterinary Hospital Investment

      NNN leased veterinary hospital with rental increases and extension options.
      3591 Keystone Rd, Tarpon Springs, FL 34688
      View Details
    • $1,668,000
      3,215 SF

      New Retail Space on US-19

      New 15-year NNN lease in a dense retail corridor.
      40668 N Us Hwy, Tarpon Springs, FL
      View Details
    • $85,000

      Multifamily Property For Sale

      Multifamily property available for purchase in Tarpon Springs, Florida.
      39820 Us Highway 19 N 191, Tarpon Springs, FL 34689
      View Details

    FAQs

    What type of property is this?
    Storefront property - Historic building in downtown Tarpon Springs, ideal for various businesses.
    Where is this storefront property located?
    The property is located at 131 Hibiscus St Tarpon Springs, FL.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Tarpon Springs, near Sponge Docks and Spring Bayou, ensuring high visibility.; - Restored 1910 commercial space with modern upgrades including updated 3-phase electrical service, ADA-compliant restrooms, new AC units, and a 40-year roof installed in 2018.; - Flexible layout suitable for retail, hospitality, dining, or professional use, with convenient parking, rear delivery access, and adaptable storage.
    (727) 234-3743
    Request Owner's contact information
    131 Hibiscus St Tarpon Springs, FL 34689
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    131 Hibiscus St
    Tarpon Springs, FL 34689
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131 Hibiscus St Tarpon Springs, FL 34689
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.