407 Whitcomb Blvd Tarpon Springs, FL 34689
For Sale
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Exceptional opportunity to acquire a 4.88-acre waterfront property in Tarpon Springs, Florida, encompassing two buildings totaling 8,396 square feet. Located at 407 Whitcomb Blvd, this property boasts stunning views of Whitcomb Bayou, which connects to the Anclote River and the Gulf of Mexico. Built in 1966 and renovated in 1966, the buildings offer significant existing space ideal for a variety of uses. The property is zoned for church and school use, with an underlying R-100 residential zoning allowing for up to four dwelling units per acre, presenting versatile development potential. Its prime location offers frontage on both Whitcomb Blvd and Poulos Lane, providing convenient access to major roadways and local amenities. This unique offering presents a rare chance to secure substantial land with flexible use options in a thriving community, making it an attractive investment for institutions or developers seeking a waterfront location with significant development potential. The property's combination of existing buildings, waterfront access, and flexible zoning makes it a truly exceptional opportunity in the heart of Tarpon Springs. The asking price is $1,900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.