Price: $1,889,500
MLS Number: TB8356173
 Single Family
400 5TH, Safety Harbor, Florida 34695 USA
 Beds: 5
 
 Baths: 4
 
 Living Area: 2,657
 Total Square Feet: 4,374
 
 Lot Square Feet: 12,014
 
 HOA Fees: 
 Year Built: 1959
 
 Community: SOUTH GREEN SPGS REP
 
 Subdivision: SOUTH GREEN SPGS REP
 Elementary School: Safety Harbor Elementary-PN
 
 Junior High: Safety Harbor Middle-PN
 High School: Countryside High-PN
 
About this Property
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.

About the Area

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