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    Property profile & analytics
    OFF-MARKET Estimated value $1,230,000
    Turn key restaurants

    530 Athens St, Tarpon Springs, FL 34689-3106

    3,429 SF 0.11 ac lot Built 1976
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US18-0881884
    Property summary
    AI-generated overview

    This exceptional 5,000 square foot (more or less) restaurant is ideally situated in the heart of Tarpon Springs' renowned Sponge Docks, a premier tourist destination in West Florida. Boasting a high walk score and a strong local residential base, this location offers unparalleled potential for success. The property features a fully operational and equipped commercial kitchen, ready for immediate use. The spacious layout includes a large bar area, a substantial office, and a walk-in refrigerator. Furniture, fixtures, and equipment are included in the sale. The restaurant comfortably seats over 150 patrons, divided between two separate dining rooms, each with its own restrooms. This dual-room setup allows for simultaneous private catering events and a la carte dining, maximizing operational flexibility and revenue streams. A full liquor license (SRX) is in place, simplifying the transition for a new operator. This turnkey opportunity presents a rare chance to acquire a thriving restaurant business in a highly desirable location. The property's established infrastructure and prime location make it an exceptional investment for experienced restaurateurs seeking a well-established and profitable venture.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1976
    Construction CONCRETE BLOCKS
    Total area 3,429 SF
    Lot 0.11 ac (4,822 SF)
    APN 12-27-15-41184-000-0070
    UPID US18-0881884
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Amor A la Mexicana Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.23M
    Blend (final) Blend
    $1.23M
    Owner & transaction history
    530 Athens LLC · 1 yrs held
    530 Athens LLC
    since 2024
    Last sale
    $12,100
    7 recorded transactions
    2025
    2024
    2024
    2022
    2022
    2022
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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