26 W Orange St

4,164 SF 33% Leased Office Building Tarpon Springs, FL 34689 $1,575,000 ($378/SF) 9% Cap Rate

INVESTMENT HIGHLIGHTS

  • Located Downtown close to restaurants, shopping, night life, parks, boat ramp, and tennis courts.
  • On almost one acre of park like setting with tropical and exotic plants.
  • Boosts three rental apartments

EXECUTIVE SUMMARY

Location! Location! This one of a kind Historic property , also known as the Meres/Salley House boosts over 4000 sq.ft. of air conditioned living space in the heart of Tarpon Springs, Florida and includes 3 freshly appointed apartments. This recently renovated property sits on almost one acre of land with 100 year old oaks and lush landscape. Stroll along its meandering pathways through its garden of tropical and exotic plants, or just sit on your front porch and enjoy the Florida sunshine. Whether you are considering this property for a home, wedding venue, vacation rental, home office, or office space this property can be a great income producer. Just one block from restaurant, shopping, and parks, and a short drive to beaches! The possibilities are endless and this property will not last. Will consider a lease option.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,164 SF
Building Class
A
Year Built/Renovated
1900/2025
Price
$1,575,000
Price Per SF
$378
Cap Rate
9%
NOI
$141,750
Percent Leased
33%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,082 SF
Building FAR
0.10
Lot Size
0.94 AC
Zoning
1730 - Residential office space 1730
Parking
18 Spaces (4.32 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (87)

PROPERTY TAXES

  • Listing ID: 34918107

  • Date on Market: 2/23/2025

  • Last Updated:

  • Address: 26 W Orange St, Tarpon Springs, FL 34689