Commercial Sale · Restaurant
606 N PINELLAS AVENUE, TARPON SPRINGS, FL, 34689
Active467 days on marketListed Jul 3, 2025MLS #TB8403617
About this property
The property at a glance
Rare opportunity to own a high-visibility, income-producing commercial property in the vibrant heart of Tarpon Springs! This expansive building offers generous square footage and sits on a high-traffic corner, ensuring excellent exposure on some of the city’s busiest roads. Additional parking lot on other side of street for plenty of parking! Currently tenant-occupied by The Hidden Anchor, a well-established restaurant featuring a full bar and a popular outdoor Tiki Bar area, the property provides steady rental income. Additional highlights include: Ample parking to accommodate large crowds Prime location surrounded by retail, residential, and tourist attractions Strong long-term investment potential in a high-demand area Whether you’re looking for a turnkey investment or a future site for your own concept, this property is a standout. Don’t miss this rare chance to own premium commercial real estate in Tarpon Springs. Appointment Only. Business is currently for sale separately!
5,145
Building sq ft
$232
Price / sq ft
0.43
Lot acres
1942
Year built
1
Building
Restaurant
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$6,286/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. 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.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Gianfranco to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
663
Population
$125,558
Median income
52
Median age
2
Avg household
$13,058
Median home value
$1,368/mo
Median rent
33%
Households w/ kids
Consumer profile
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Love is in the air when this population is present. Includes people expressing their feelings for significant others in special ways. Common activities include anniversaries and date nights.
Recent sales
What actually sold near 606 N PINELLAS AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$800,000
501 N PINELLAS AVENUE
4,245 sqft · $188/sqft · Sold Apr 1, 2025
$1,200,000
1880 S PINELLAS AVENUE
3,108 sqft · $386/sqft · Sold Jun 30, 2025
$990,000
301 E LEMON STREET UNIT C
4,844 sqft · $204/sqft · Sold Mar 14, 2025
Your team
The pros in your corner
Your agent
Gianfranco Di Flumeri
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 606 N PINELLAS AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 606 N PINELLAS AVENUE.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of HIGH POINT REALTY INC · Angela Crook. MLS #TB8403617.
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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