$509,000
$220K PRICE DROP

Estimated payment $3,372/month

Total Views 18,585
5 Beds
3 Baths
2,451 Sq Ft
$208 Price per Sq Ft

Highlights

  • 0.31 Acre Lot
  • Covered patio or porch
  • Living Room
  • No HOA
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

Prime Investment Opportunity with price improvement! This property is ideally located just 2 minutes from downtown Safety Harbor and across from the Bayshore Pedestrian Trail, walking distance to Nova Southeastern University, 15 minutes from Tampa International Airport, and 20 minutes from the Gulf beaches—offering a major advantage in attracting tenants. The area is highly desirable for both short-term and long-term rentals, making it an excellent location for income generation. The property features a larger unit (1,600 square feet, 3 beds, 2 baths) and a smaller second unit (851 square feet, 2 beds, 1 bath), appealing to a wide variety of tenants. The layout allows for flexible rental strategies, enhancing its potential for steady cash flow. Sitting on a 0.314-acre lot, the property offers ample space for future development or upgrades. The possibility to subdivide the lot into two parcels adds significant value, particularly for investors looking to maximize their returns. While the property was affected by Hurricane Helene and is being sold in "as-is" condition, this presents an opportunity to rebuild, which could significantly increase its value. Hurricane Windows installed in 2020 and have a lifetime warranty transferrable to the next owner. The property has been cleared by the city and FEMA to be refurbished. see the attached FEMA substantial damage letter. The property is located within an AE flood zone. A one-time transfer of the flood policy is available under a "Policy Assumption" (interested buyers should confirm details with their insurance company). Additionally, the potential for subdividing the land could allow for two separate properties, offering even greater future value. This property represents an incredible, near-term opportunity for investors seeking strong rental income with significant future development potential!

Listing Agent

Scott Dailey

COASTAL PROPERTIES GROUP INTERNATIONAL Brokerage Phone: 727-493-1555 License #3599449 Listed on: 03/04/2025

COASTAL PROPERTIES GROUP INTERNATIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,674

Year Built

  • Built in 1973

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 125x109
  • East Facing Home
  • Property is zoned MDR 7.5

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,451 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Tile Flooring
  • Microwave
  • Laundry in Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Safety Harbor Elementary School
  • Safety Harbor Middle School
  • Countryside High School

Additional Features

  • Covered patio or porch
  • Flood Zone Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bayedge Terrace Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,674

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2451
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 3511
  • Lot Size Sq Ft: 13673
  • Directions to Property: From Tampa, head west on FL-60 W (Courtney Campbell Causeway) toward Clearwater. Turn right onto S Bayshore Blvd. Continue for approximately 0.2 miles; the property will be on your left. From Clearwater, head east on Gulf-to-Bay Blvd. (FL-60 E). Turn left onto S Bayshore Blvd. Proceed for approximately 0.2 miles; the property will be on your left.
  • Status: Active
  • Street Direction: S
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Clearwater
  • Escrow Postal Code: 33761
  • Escrow State: FL
  • Escrow Street Name: US HWY 19 N, Ste. 100
  • Escrow Street Number: 28163
  • List Office Head Office Key Nume: 1039408
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 207.67
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 727-493-1555
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances Included: Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 200
  • Living Area Meters: 227.71
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Rear Porch
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Safety Harbor Elementary-PN
  • High School: Countryside High-PN
  • Middle Or Junior School: Safety Harbor Middle-PN

Lot Info

  • Zoning: MDR 7.5
  • Parcel Number: 16-29-16-03429-000-0100
  • Additional Parcels: No
  • Lot Features: FloodZone, Sidewalk, Paved
  • Lot Dimensions: 125x109
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1270

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 6674.35
  • Tax Block: 00
  • Tax Book Number: 69-66
  • Tax Lot: 10

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $509,000 -12.1% --
05/20/2025 05/20/25 Price Changed $579,000 -7.9% --
04/24/2025 04/24/25 Price Changed $629,000 -7.4% --
03/18/2025 03/18/25 Price Changed $679,000 -6.9% --
02/26/2025 02/26/25 For Sale $729,000 -- --
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: TB8352945

Stellar MLS

APN: 09-29-16-36701-220-1010