Active

$1,889,500

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 2657 sq ft
Overview
  • ID: MFRTB8356173
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 2657 sq ft
Property Details
Remarks
INCREDIBLE INVESTMENT OPPORTUNITY Quadplex in Safety Harbor, a quaint waterfront town with a lot to offer. Key highlights: Safety Harbor is the #1 sought after town in West Central Florida, located on Tampa Bay, 2 nearby airports, downtown with shopping, restaurants, marina, public boat ramp, fishing pier, bike paths, vibrant nightlife, and the pristine Gulf beaches. The property is NOT in a flood zone, offering peace of mind. The MAIN HOUSE boasts a Key West-style design with multiple "Zen" gardens, creating a tranquil vibe. The entire property is beautifully decorated with vibrant colors, handcrafted artwork (available on separate offer) and Travertine flooring throughout. The property has a total income potential of $126,000+ per year. The breakdown is: Main House (2/1, 1,500 sq/ft) $4,000/month. Master Suite (1/1, 800 sq/ft) $2,500/month. Garden Apartment (1/1, 500 sq/ft) $2,000/month. Garden Efficiency (1/1, 400 sq/ft) $2,000/month. Spacious Main House with vaulted ceilings in the large family room (33x14) and kitchen (33x12), perfect for entertaining. The kitchen has a natural gas stove and oven, and the house also includes a 2-vehicle garage with hurricane-rated doors. There’s a separate alley entrance workshop, perfect for hobbies or storing classic cars and motorcycles. MASTER SUITE Features a large bedroom with vaulted ceiling, garden view, and Plantation Shutters, includes a kitchenette, en-suite bathroom with a garden tub, separate shower, private toilet, 2 walk-in closets, and full laundry. GARDEN APARTMENT has a private garden gazebo and includes a full bedroom, living room, kitchen, and bathroom with washer/dryer. GARDEN EFFICIENCY has a private garden-sitting area, Murphy bed, kitchenette, bathroom, and washer/dryer. The property benefits from whole house natural gas, endless on-demand hot water, water filtration, and a water softener. Each unit has individual electric sub-panels. This property is a true gem, offering a tranquil atmosphere with significant income potential. It’s clear that the owners have put great effort into CREATING this rare, high-quality, relaxing, and income-generating home. If you're looking for a beautiful, profitable property in Safety Harbor, this is an opportunity you won't want to miss.
Financial Considerations
Price:
$1,889,500
HOA Fee:
N/A
Tax Amount:
$3698.92
Price per SqFt:
$711.14
Tax Legal Description:
SOUTH GREEN SPRINGS REPLAT BLK 13, LOTS 6 & 7 AND W 20FT OF LOT 5
Exterior Features
Lot Size:
12014
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
Alley Access, Driveway, Garage Door Opener, Guest, Off Street, Workshop in Garage
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
Electric, Natural Gas
Cooling:
Central Air, Ductless
Appliances:
Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Water Softener
Furnished:
Yes
Floor:
Travertine
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1959
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Awning(s), Courtyard, Garden, Hurricane Shutters, Lighting, Rain Gutters, Shade Shutter(s), Sliding Doors, Storage
Additional Features 2:
REVIEW MUNICIPAL RENTAL RULES
Map
  • Address
    400 5TH AVE S
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