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Wade M. Berlin

ABR,BrkrAssc,CNE,CPM,FSSR,GAA,LLC,PMN,REALTOR ®,SRES
Broker IDX Sites Inc.
The Real Estate Professional You Deserve
Property Photos
400 5th Avenue S
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PRICED AT ONLY: $1,774,500

Address: 400 5th Avenue S, SAFETY HARBOR, FL 34695

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 (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. Theres 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. Its 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.
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  • MLS#: TB8372539 ( Residential Income )
  • Street Address: 400 5th Avenue S
  • Viewed: 107
  • Price: $1,774,500
  • Price sqft: $399
  • Waterfront: No
  • Year Built: 2014
  • Bldg sqft: 4452
  • Bedrooms: 5
  • Total Baths: 4
  • Garage / Parking Spaces: 2
  • Days On Market: 100
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Awning(s), Balcony, Courtyard, Fence, Garden, Hurricane Shutters, Lighting, Rain Gutters, Shade Shutter(s), Sliding Doors, Storage
  • Flooring: Travertine, Vinyl
  • Living Area: 2657.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
School Information
  • High School: Countryside High-PN
  • Middle School: Safety Harbor Middle-PN
  • School Elementary: Safety Harbor Elementary-PN
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned, Curb Parking, Driveway, Garage Door Opener, Golf Cart Garage, Guest, Off Street, On Street, Workshop in Garage
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Ductless
  • Heating: Central, Electric, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • 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
  • Country: US
  • Furnished: Negotiable
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Legal Description: SOUTH GREEN SPRINGS REPLAT BLK 13, LOTS 6 & 7 AND W 20FT OF LOT 5
  • Levels: One
  • Area Major: 34695 - Safety Harbor
  • Occupant Type: Vacant
  • Parcel Number: 03-29-16-84294-013-0060
  • Possession: Close Of Escrow
  • Views: 107

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin