$1,889,500 for Sale
400 5th avenue , safety harbor, FL 34695
| Beds 5 | Baths 4 | 2,657 Sqft | 0.28 Acres |
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Property Description
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 nearby. 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.
General Information
Sale Price: $1,889,500
Price/SqFt: $711
Status: Active
MLS#: TB8372539
City: safety harbor
Post Office: safety harbor
Schools: countryside high-pn
County: Pinellas
Subdivision: south green spgs rep
Acres: 0.28
Lot Dimensions: 120 x 100
Bedrooms:5
Bathrooms:4
House Size: 2,657 sq.ft.
Acreage: 0.28 est.
Year Built: 2014
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Construction: Block
Exterior Misc: Awning(s), Balcony, Courtyard, Fenced, Garden, Hurricane Shutters, Lighting, Rain Gutters, Shade Shutter(s), Sliding Doors, Storage
Basement: No
Foundation : Slab
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Water Softener
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Electric, Natural Gas
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $3,699
Legal Description: SOUTH GREEN SPRINGS REPLAT BLK 13, LOTS 6 & 7 AND W 20FT OF LOT 5
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that 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. Listing By: Matt Mayers of LIFES A BEACH REAL ESTATE, Phone: 972-415-2502
