
Commercial Sale · Office
112 E MARTIN LUTHER KING JR DRIVE, TARPON SPRINGS, FL, 34689
Active44 days on marketListed Sep 5, 2026MLS #TB8545350
About this property
The property at a glance
Virtually Staged. YOUR BUSINESS. YOUR REAL ESTATE. Completely renovated and ready for occupancy. This 112 MLK JR Dr offers something increasingly difficult to find: a freestanding business location combining a polished, move-in-ready building, dedicated parking, land and a giant covered flex-storage-vehicle Area, in Downtown Tarpon Springs "Activity Center" zoning. Inside, the property has been completely renovated to create a bright, professional environment that can adapt to far beyond an office. The flexible layout includes private rooms, an open reception or workspace, full kitchen and beautifully finished restroom, creating possibilities for professional services, creative or design studios, wellness and personal services, consulting, real estate, insurance, financial services and other neighborhood-serving businesses, subject to approval of the intended use. The renovation means a new owner can focus on the business rather than immediately taking on a construction project. Improvements include a new roof, new central A/C, tankless water heater, new appliances, updated plumbing and lighting fixtures, luxury vinyl plank flooring and extensively updated interior finishes. But what really separates this property from a conventional leased suite or storefront is what comes beyond the building. The giant covered flex-storage-vehicle area creates valuable space for outside seating, company vehicles, equipment, inventory, supplies, project materials or other business-support needs. Combined with dedicated on-site parking and additional property around the building, it offers an operational flexibility that can be difficult and expensive to duplicate in traditional commercial space. MLS property records identify the accessory improvements as outbuilding, storage and workshop. That combination could be especially appealing to an entrepreneur who needs a customer-facing location in front with room to support the business behind it. Think contractors and trades, property management, inspection services, design firms, sales organizations, service companies or other businesses that need more than desks and a conference room. Location adds another advantage. E Martin Luther King Jr Drive provides an important east-west connection between established Tarpon Springs neighborhoods, the downtown area and the US 19 commercial corridor. Downtown Tarpon Springs, the Historic Sponge Docks, Pinellas Trail, Spring Bayou, restaurants, breweries, marinas and other destinations are nearby, while US 19 provides convenient regional access throughout northern Pinellas and into Pasco County. The immediate area also benefits from continued residential investment, including newer multifamily development directly across the corridor. The property’s "AC – Activity Center" zoning adds to its versatility and long-term potential. Rather than limiting the vision to “office,” the zoning creates an opportunity for a broader range of business concepts. And for the business owner already writing a rent check every month, there is another way to look at this opportunity: instead of paying a landlord, own the location where you’re building your business. Control your space. Avoid being at the mercy of future rent increases. Customize the property around the way you operate. And put those occupancy dollars toward an asset you own. It’s a place to build a business and own the real estate beneath it.
1,244
Building sq ft
$359
Price / sq ft
0.23
Lot acres
1901
Year built
1
Unit
1
Building
AC - ACTIVITY CENTER
Zoning
Office
Property type
The numbers
Investment snapshot
$447,000
Price / unit
1
Unit
Estimated payment (illustrative)
Estimated payment
$2,554/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 Anealya 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
96
Population
$44,306
Median income
55
Median age
2
Avg household
$76,899
Median home value
$1,429/mo
Median rent
7%
Households w/ kids
Consumer profile
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.
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.
It's all about the grape. This population enjoys a trip to the vineyard to learn about wine and sharing a good bottle with friends and family.
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
Characterized by their appreciation for all things whiskey, this population enjoys the classy atmosphere of whiskey drinking and learning about different brands.
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Recent sales
What actually sold near 112 E MARTIN LUTHER KING JR DRIVE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

$205,000
536 E TARPON AVENUE UNIT 5
1,010 sqft · $203/sqft · Sold Jun 20, 2025

$385,000
1201 N PINELLAS AVENUE
1,001 sqft · $385/sqft · Sold Jul 10, 2026

$22,200
1935 GRAND BOULEVARD
960 sqft · $23/sqft · Sold May 30, 2026
Your team
The pros in your corner
Your agent
Anealya Hammad
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 112 E MARTIN LUTHER KING JR DRIVE — start here.

Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 112 E MARTIN LUTHER KING JR DRIVE.
See it in person
Schedule a tour
Live availability from Anealya's calendar — pick a time and it's booked.
Listing courtesy of PALM LIFE REALTY · Chiyeen Penachio. MLS #TB8545350.
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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