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Property profile

528 E Tarpon Ave Tarpon Springs, FL 34689

FOR SALE
Retail space
Property ID
US18-8903678
1,106 SF 0.42 ac lot Built 1940
Last sale Jan 2014 · $170,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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528 E Tarpon Ave, Tarpon Springs, FL 34689 For Sale
$750,000 1,106 SF
528 E Tarpon Ave, Tarpon Springs, FL 34689
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Property summary

AI-generated overview

This property is a commercial real estate location associated with the long-established Narcosis SCUBA Center at 528 E Tarpon Avenue, Tarpon Springs, Florida 34689, in a downtown area. The premises are used for licensed scuba instruction and dive-center operations, with provision for on-site inventory and rental equipment and support for compressed air and nitrox fills. The business operations are associated with a dedicated 32-foot dive charter vessel, The Narcosis, which is described as…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$230k
Effective rate1.67%

Value estimate

· Oct 2026
$145k
$131k – $160k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 1.53% cap applied$11k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$109 – $268
Qualifying comparables4

Cap rate analysis

How does the asset earn?
1.53%
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.7
Carpet & Flooring Store9.2
Laundromat8.4

Location

528 E Tarpon Ave Tarpon Springs, FL 34689
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
540 Pinellas, Tarpon Springs, FL 34689-3342 $265,000 May 2025 1,445 SF
538 Pinellas, Tarpon Springs, FL 34689-3342 $382,500 May 2022 1,100 SF
4 Pinellas, Tarpon Springs, FL 34689-3446 $630,000 Dec 2020 1,437 SF
439 Lincoln, Tarpon Springs, FL 34689-4455 $43,000 Jan 2020 1,371 SF
589 Is, Tarpon Springs, FL 34689-3147 $800,000 Jan 2019 864 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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