Land at 404 CANAL ST, TARPON SPRINGS
Land at 404 CANAL ST, TARPON SPRINGS, photo 2 of 18
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18 photos

$1,525,000

404 CANAL ST
TARPON SPRINGS, FL 34689
Listed by David Banther · TARAPANI BANTHER & ASSOC LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Over 1.2 acre of Grade A infill redevelopment site. With a multi family zoning of 15 units per acre this property is highly suitable for a prime townhome development. The opportunity with infill sites such as this, is not only rare but allows for existing charm of an established neighborhood. Red brick streets, water views, and walkability to everything Tarpon Springs sets this site above and beyond. This property currently has two buildings which make up 7 rental units, separately metered for power. There would be impact fee credits available to the buyer after demolition of the existing structures. The RM Zoning allows for a variety of uses above and beyond multi family.

Property details

MLS
Stellar MLS
MLS #
MFRW7882220
Property type
Land
Subdivision
COCORIS & ALEFANTIS SUB
Status
Active
Days on market
2
On market date
January 20, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.67 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
TARPON SPRINGS ELEMENTARY SCHOOL
0.67 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
506
Student:teacher ratio
12.3:1
District
PINELLAS
Middle
TARPON SPRINGS MIDDLE SCHOOL
1.2 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
651
Student:teacher ratio
18.1:1
District
PINELLAS
High
TARPON SPRINGS HIGH SCHOOL
1.19 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,174
Student:teacher ratio
19.9:1
District
PINELLAS

Walkability

Blended score for TARPON SPRINGS's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
17.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks10
Schools15
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in TARPON SPRINGS, from live MLS data.

On the market 2 days -- 120 fewer days than TARPON SPRINGS's current average of 122 days.
For reference, the median list price across 510 active listings in TARPON SPRINGS right now is $329,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,334/mo
$305,000 down
$1,220,000 loan
Principal & interest$7,913
Property tax (est.)$1,271
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated January 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.