Financial
Distress signals
Property profile

606 N Pinellas Ave Tarpon Springs, FL 34689

FOR SALE
Turn key restaurants
Property ID
US18-0922188
4,275 SF 0.23 ac lot Built 1942
Last sale Aug 2019 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Commercial property located in Tarpon Springs, set on a high-traffic corner with frontage/exposure on some of the city’s busiest roads. The building is configured to provide generous commercial floor area and includes support for restaurant use, with a full bar and an outdoor Tiki Bar area as part of the existing tenant setup. The site includes ample parking for patrons and is surrounded by retail, residential, and tourist-oriented attractions. The property is tenant-occupied and provides a leasing-compatible arrangement.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$505k
Effective rate1.88%

Value estimate

· Sep 2026
$475k
$428k – $523k
Sales comparison$1.16M
NOI build-up
Gross scheduled income$80k
Vacancy & credit loss−$4k
Operating expenses−$19k
NOI · 4.79% cap applied$57k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$566/SF
County average, outlier-cleaned · 139 recorded sales of this use type
Observed band · Q1–Q3$271 – $970
Qualifying comparables6

Cap rate analysis

How does the asset earn?
4.79%
$57k 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 Service10.0
Dental Office8.7
Convenience Store8.6

Location

606 N Pinellas Ave Tarpon Springs, FL 34689
County assessor Recorded deeds · 5 transfers 6 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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