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Renovated Freestanding Office Building
New
For Sale
$469,000

112 E MARTIN LUTHER KING JR Drive, Tarpon Springs, FL 34689

Commercial Sale, TARPON SPRINGS, FL

Property Size1,036 SF
Lot Size0.23 Acres
Price / SF$452.70
Days on Market3

Property Features for 112 E MARTIN LUTHER KING JR Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning AC - ACTIVITY CENTER
Appliances Dishwasher, Microwave, Refrigerator
Subdivision TARPON SPGS ENTERPRISES
Lot features Flood Zone, City Limits, Oversized Lot, Sidewalk, Paved
Directions From Alt US 19 (S Pinellas Ave) in Tarpon Springs, head west on E Martin Luther King Jr Dr. The property is on the south side of the street at 112 E Martin Luther King Jr Dr.
Standard status Active
APN 13-27-15-89946-003-0060
Size 1,036 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TARPON SPRINGS ENTERPRISES BLK 3, LOT 6,7 AND W 1/2 OF LOT 5
Tax Annual Amount 4613
Legal Description TARPON SPRINGS ENTERPRISES BLK 3, LOT 6,7 AND W 1/2 OF LOT 5

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

full kitchen
private rooms
open reception or workspace
covered flex-storage-vehicle area

Building Details

Year built 1901
Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials Frame, Wood Siding
Roof type Shingle
Additional Structures Outbuilding
Listing Agency: PALM LIFE REALTY
Listed By: Chiyeen Penachio · License #3572692
Added: Sep 3 Changed: Sep 5 Last Checked: Sep 5 at 5:06PM
MLS# TB8545350

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1,036-square-foot freestanding office property occupies a 0.23-acre parcel in Tarpon Springs. The interior has been renovated with private rooms, reception or open work areas, a full kitchen, finished restroom, vinyl flooring, updated lighting and plumbing, and central air conditioning. Improvements also include a shingle roof, tankless water heater, and appliances including a dishwasher, microwave, and refrigerator.

The property includes a covered flex-storage and vehicle area, dedicated on-site parking, and additional land around the building. Its AC - Activity Center zoning supports a range of commercial concepts subject to approval. Public water and public sewer serve the site, which was built in 1901 and is located near downtown Tarpon Springs, the Historic Sponge Docks, Pinellas Trail, Spring Bayou, and the US 19 commercial corridor.

Key Highlights

  • 1,036‑square‑foot freestanding office building on 0.23 acres
  • AC - ACTIVITY CENTER zoning
  • Renovated interior with private rooms, reception area, kitchen, and finished restroom

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Veterinary Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,283
Businesses Nearby

Demographics for 34689, FL

27,436
Population
14,193
Households
1.9
Avg Household Size
53
Median Age
32%
College-Educated
93%
High-School Grad
10.6 sq mi
ZIP Area
2,588
Density / Sq Mi
$66,523
Median Household Income
$45,294
Median Earnings
$1,207
Median Rent
$311,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - AC - Activity Center zoning supports a flexible layout with private rooms, reception space, kitchen, and dedicated parking.
Where is this office building located?
The property is located at 112 E MARTIN LUTHER KING JR Drive Tarpon Springs, FL.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 1,036‑square‑foot freestanding office building on 0.23 acres; AC - ACTIVITY CENTER zoning; Renovated interior with private rooms, reception area, kitchen, and finished restroom
More about this property
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