
112 E MARTIN LUTHER KING JR DRIVE, TARPON SPRINGS, FL, 34689
Active44 days on marketListed Sep 5, 2026MLS #TB8546024
About this home
112 E MARTIN LUTHER KING JR DRIVE
Virtually Staged. WHAT IF YOUR NEXT HOME COULD BE MORE THAN JUST A HOME? Live in it. Vacation in it. Host guests. Create a short-term rental. Live and work from the same address. Bring the bikes, kayaks, golf cart or boat. Turn the massive covered flex area into an outdoor living room, recreation pavilion or gathering space. The possibilities may be the most valuable feature of all. Completely renovated and located in Tarpon Springs’ AC–Activity Center district, this coastal bungalow offers a combination you simply don’t find in a typical residential neighborhood. Imagine it as your own Tarpon Springs getaway. Two bedrooms provide the primary sleeping accommodations, while the bonus room creates additional flexibility for a home office, guest space or whatever fits your lifestyle. The extensively refreshed interior is ready to enjoy, with a new roof, new central A/C, tankless water heater, new appliances, updated plumbing and lighting fixtures, luxury vinyl plank flooring and a bright, modern kitchen and bath. Now imagine it as a vacation rental. Create a memorable guest experience rather than simply another place to sleep. Give guests a home base where they can wake up, grab the bikes and hit the Pinellas Trail, walk into Downtown Tarpon Springs for coffee, restaurants, breweries and nightlife, explore the Sponge Docks or spend the afternoon along the Gulf at Fred Howard Park Beach or Sunset Beach. Then come back to the feature that may offer the biggest possibility of them all, the expansive covered flex area. Picture an open-air Florida living room with comfortable seating and dining areas. A hammock in the shade. Kayaks and paddleboards ready for the next adventure. E-bikes lined up for a ride downtown. Games, entertaining, storage and room for all the toys that come with the Florida lifestyle. Add the substantial concrete drive and space for a boat or golf cart, and this property begins to live far beyond the walls of the house. Or maybe your vision is LIVE + WORK. The AC–Activity Center zoning creates possibilities that ordinary residential zoning doesn’t. Home plus studio. Home plus office. A creative workspace. An entrepreneurial home base. Live here today while creating something entirely different tomorrow. That’s what makes this property different. You’re not simply buying bedrooms and square footage. You’re buying OPTIONS. A home. A potential STR. A live/work property. A Florida getaway. An outdoor recreation base. An income opportunity. Or perhaps the best answer is a combination of several. LIVE HERE. WORK HERE. HOST HERE. PLAY HERE. WHAT WILL YOU CREATE?
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
1,036
Sqft
0.23 ac
Lot size
1901
Year built
One
Levels
$431
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.
$3,374 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$3,374/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
vs edgeAI estimate
+61.8%
$/sqft vs Tarpon Springs actives
$431 vs $246
Days on market
44 vs 72 typical
Where $431/sqft sits among the 275 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 South Pinellas Avenue
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tarpon Springs. See the full Tarpon Springs guide →
South Pinellas Avenue — neighborhood snapshot
Population
96
Median age
55
Median income
$44,306
Median home value
$76,899
Avg household
2
Households w/ children
7%
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 → $415K
Tarpon Springs median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
152 of 275
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 38% 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 112 E MARTIN LUTHER KING JR DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$210,000
112 E MARTIN LUTHER KING JR DRIVE · same community
2 bd · 1 ba · 1,036 sqft · $203/sqft · 9 DOM
Sold · Jul ’26$157,000
1938 VIRGINIA AVENUE
3 bd · 1 ba · 1,040 sqft · $151/sqft · 14 DOM
Sold · Feb ’26$250,000
1981 CAROLINA AVENUE
3 bd · 1 ba · 1,014 sqft · $247/sqft · 8 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
Kyler Lang
REALTOR · CENTURY 21 Edge
Tours, negotiation, and every question about 112 E MARTIN LUTHER KING JR DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 112 E MARTIN LUTHER KING JR DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kyler's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
112 E MARTIN LUTHER KING JR DRIVE FAQs
What would the monthly payment be for 112 E MARTIN LUTHER KING JR DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,374/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 112 E MARTIN LUTHER KING JR DRIVE?+
The most recent tax bill on record (2025) was $4,613. 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 $447,000, this home is listed about 5% above the Tarpon Springs median of $427,000. The market section on this page shows how the area is trending.
Which schools are assigned to 112 E MARTIN LUTHER KING JR DRIVE?+
Tarpon Springs Elementary School (elementary), Tarpon Springs High School (high), Tarpon Springs Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of PALM LIFE REALTY · Chiyeen Penachio. MLS #TB8546024.
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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