400 5TH AVENUE S SAFETY HARBOR FL 34695 MLS #TB8372539

400 5TH AVENUE S
SAFETY HARBOR, FL, 34695
$1,889,500
5 Beds
4 Baths
4,452 SqFt
0 Acres
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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 (33×14) and kitchen (33×12), 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.

Property Details

Price:
$1,889,500
MLS #:
TB8372539
Status:
Active
Beds:
5
Baths:
4
Address:
400 5TH AVENUE S
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SOUTH GREEN SPGS REP
Neighborhood:
34695 – Safety Harbor
City:
SAFETY HARBOR
Listed Date:
Apr 12, 2025
State:
FL
Finished Sq Ft:
4,452
Total Sq Ft:
4,452
ZIP:
34695
Year Built:
2014
Units:
4
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Elementary School:
Safety Harbor Elementary-PN
Middle School:
Safety Harbor Middle-PN
High School:
Countryside High-PN

Interior

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)
Flooring
Travertine, Vinyl
Heating
Central, Electric, Natural Gas
Laundry Features
Gas Dryer Hookup, Other

Exterior

Construction Materials
Block
Exterior Features
Awning(s), Balcony, Courtyard, Fenced, Garden, Hurricane Shutters, Lighting, Rain Gutters, Shade Shutter(s), Sliding Doors, Storage
Parking Features
Assigned, Curb Parking, Driveway, Garage Door Opener, Golf Cart Garage, Guest, Off Street, On Street, Workshop in Garage
Roof
Shingle

Financial

Tax Year
2024
Taxes
$3,699

Map

Community

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400 5TH AVENUE S
SAFETY HARBOR, FL