400 5TH AVENUE S, Safety Harbor, FL, 34695 | $1,889,500

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.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 4 full
  • Lot Size: 120 x 100
  • Laundry: Inside, Laundry Room
  • Style: Florida, Key West, Patio
  • Year Built: 1959
  • 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)
  • Approx Sq. Feet: 2,657
  • Acreage: 0.28
  • Lot Size: 120 x 100
  • Est. Taxes: $3,699
  • Lot Desc: Corner Lot
  • View: Garden
  • Elem. School: Safety Harbor Elementary-PN
  • Middle School: Safety Harbor Middle-PN
  • High School: Countryside High-PN
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Water Softener
  • MLS#: TB8356173
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /eprop/TB8356173/4005thavenues_safetyharbor_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/15/2025 10:17:09 PM)
Listing courtesy of LIFES A BEACH REAL ESTATE   Phone: 972-415-2502

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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400 5TH AVENUE S, Safety Harbor, FL, 34695

$1,889,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,511,600 $1,511,600 $1,511,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.911% 6.764% 6.666%
Monthly Tax Payment $308 $308 $308
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,307 $9,679 $13,168
Total Monthly Payment $9,740 $10,112 $13,601

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.