531 ATHENS STREET, TARPON SPRINGS, FL, 34689
Active94 days on marketListed May 7, 2026MLS #TB8506409
About this home
531 ATHENS STREET
Virtually Staged. Virtually Staged. Exceptional mixed-use investment opportunity in the heart of the world-famous Tarpon Springs Sponge Docks. Located on highly desirable Athens Street, this income-producing property offers the perfect blend of commercial and short-term rental potential in one of Florida’s most vibrant waterfront destinations. All structural renovations have been complete. Building is fortified and reinforced. The downstairs commercial space is home to an established full bar with a long-term tenant already in place, providing immediate and consistent income. Upstairs features a beautifully versatile residential space ideal for Airbnb or vacation rental use, complete with 2 sleeping areas including a private bedroom and loft, full kitchen, full bathroom, and a layout designed for comfortable coastal living. Photos show potential renovation ideas. Positioned just steps from the marina, restaurants, nightlife, live music, shopping, and the historic Sponge Docks, this property offers strong tourism appeal and exceptional upside for investors seeking cash flow and future growth potential. Rare opportunity to own a prime property in one of Tampa Bay’s most iconic destination locations. (this property is also listed commercially TB8506284)
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
2,772
Sqft
0.1 ac
Lot size
1911
Year built
Two
Levels
$451
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$8,044 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$8,044/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Tarpon Springs actives
$451 vs $244
Days on market
94 vs 46 typical
Where $451/sqft sits among the 270 Tarpon Springs actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Greektown
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tarpon Springs. See the full Tarpon Springs guide →
Greektown — neighborhood snapshot
Population
663
Median age
52
Median income
$125,558
Median home value
$13,058
Avg household
2
Households w/ children
33%
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tarpon Springs market
$433K → $400K
Tarpon Springs median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
146 of 270
Tarpon Springs actives have cut their price
Median sold price, Tarpon Springs, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 289% above the TARPON SPRINGS 34689 median. See the full Tarpon Springs market guide →
Paper trail
This home's history
Reality check
What actually sold near 531 ATHENS STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$618,000
913 OAKVIEW ROAD
3 bd · 2 ba · 2,001 sqft · $309/sqft · 56 DOM
Sold · Jul ’26$410,000
513 MERES BOULEVARD
3 bd · 2 ba · 1,974 sqft · $208/sqft · 3 DOM
Sold · Feb ’26$475,000
876 CALLISTA CAY LOOP
3 bd · 2.5 ba · 1,828 sqft · $260/sqft · 345 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 531 ATHENS STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 531 ATHENS STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
531 ATHENS STREET FAQs
What would the monthly payment be for 531 ATHENS STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $8,044/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 531 ATHENS STREET?+
The most recent tax bill on record (2025) was $8,047. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Tarpon Springs?+
At $1,250,000, this home is listed about 187% above the Tarpon Springs median of $434,950. The market section on this page shows how the area is trending.
Which schools are assigned to 531 ATHENS STREET?+
Tarpon Springs Elementary School (elementary), Tarpon Springs Middle School (middle), Tarpon Springs High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,250,000 runs 289% above the TARPON SPRINGS 34689 median — but at 2,772 sqft it's also 53% larger than the typical Tarpon Springs listing.
02Time on market is leverage
94 days on market against a Tarpon Springs median of 46 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $1,295,000, now $1,250,000 — a $45K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CHARLES RUTENBERG REALTY INC · Christina Paolillo. MLS #TB8506409.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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