Tarpon Springs – Downtown Waterfront Residential Project
CommercialGRP was involved in a boutique residential project located in the heart of Tarpon Springs (ZIP 34689), directly across from Craig Park and within walking distance of the city’s vibrant downtown waterfront.
The asset features a cozy second-floor 1-bedroom, 1-bathroom apartment, thoughtfully positioned to capture the lifestyle appeal of coastal living. Residents enjoy proximity to water-based recreation, parks, and downtown amenities, making the unit attractive to long-term renters seeking a balance of tranquility and walkability.
Project Highlights
Second-floor 1BR / 1BA apartment
Granite countertops and full-sized kitchen
On-site washers and dryers
Assigned parking
Additional storage for kayaks, bikes, and outdoor gear
Direct access to parks, waterfront, and downtown Tarpon Springs
Location & Lifestyle
Centered between the Anclote River and the Gulf of Mexico, the property benefits from Tarpon Springs’ distinctive small-town coastal character and strong Greek heritage, anchored by the historic Sponge Docks, waterfront cafés, bakeries, and year-round festivals.
Outdoor recreation is a core driver of demand, with kayaking, paddleboarding, and boating near Fred Howard Park and Sunset Beach, biking along the Pinellas Trail, and shaded walks at A. L. Anderson Park. Daily conveniences are easily accessible along the US-19 corridor, while downtown blocks offer coffee shops, local breweries, and seafood destinations.
Market Context
According to recent Zillow Market Trends, median asking rents in the area average around $2,000, with typical listings ranging from $1,600 to $2,600, depending on unit size and proximity to the water. The market remains attractive to professionals, small families, and outdoor-focused renters seeking a walkable, pet-friendly coastal lifestyle.
This project reflects CommercialGRP’s focus on well-located residential assets that align lifestyle demand with durable rental fundamentals in highly livable coastal submarkets.
