New Listing - 04/10/2025
Price History
$1,846,500
4/10/2025
$1,889,500
4/10/2025
400 5TH AVENUE S, Safety Harbor, FL, 34695

10 rooms
5 beds
4 Full baths
1959
Florida, Key West, Patio
2,657 sqft
SHOWINGS WILL START MONDAY APRIL 14TH at 9:00am 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 or running a B&B service. 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.
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Negotiable
Laundry Remarks:
Inside, Laundry Room
Subdivision:
SOUTH GREEN SPGS REP
Garage:
3-car Alley Access, Driveway, Garage Door Opener, Guest, Off Street, Workshop in Garage
Heating:
Electric, Natural Gas
Cooling:
Central Air, Mini-Split Unit(s)
Levels:
1
Lot Size:
120 x 100
Acreage:
0.28
Est. Taxes:
$3,699
Construction
Block
Utilities
Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Lot Description:
Corner Lot
View Description:
Garden
Elementary School:
Safety Harbor Elementary-PN
Middle School:
Safety Harbor Middle-PN
High School:
Countryside High-PN
Days on Market:
2
Appliances:
Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Water Softener
Min Lease Term:
1 Month
MLS #:
TB8356173
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of LIFES A BEACH REAL ESTATE Phone: 972-415-2502