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400 5TH AVENUE S

$ 1,799,500

Overview

  • Updated On:
  • June 10, 2025
  • 5 Bedrooms
  • 4 Bathrooms
  • 2,657.00 ft2

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY – Multigenerational Family Home – Several generations of families can live here with privacy for all. 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.

Address: 400 5TH AVENUE S
State/County:
Zip: 34695
Country: US

Property Id: 7880831
Price: $ 1,799,500
Property Size: 2,657.00 ft2
Property Lot Size: 0.28 ft2
Bedrooms: 5
Bathrooms: 4

Other Features
Awning(s)
Balcony
Ceiling Fan(s)
Courtyard
Dishwasher
Disposal
Dryer
Eating Space In Kitchen
Exhaust Fan
Fenced
Freezer
Garage Attached
Garden
Gas Water Heater
Has Cooling System
Has Garage
Has Heating System
High Ceilings
Hurricane Shutters
Ice Maker
Kitchen/Family Room Combo
Lighting
Microwave
Open Floorplan
Open Parking
Primary Bedroom Main Floor
Rain Gutters
Range
Range Hood
Refrigerator
Shade Shutter(s)
Sliding Doors
Solid Surface Counters
Solid Wood Cabinets
Stone Counters
Storage
Tankless Water Heater
Thermostat
Vaulted Ceiling(s)
Walk-In Closet(s)
Washer
Water Filtration System
Water Softener
Window Treatments

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