About 200 S Bayshore Boulevard
Under contract-accepting backup offers. Prime Investment Opportunity with Price Improvement! Discover exceptional investment potential in this ideally located property—just 2 minutes from Downtown Safety Harbor and directly across from the Bayshore Pedestrian Trail. This sought-after location is within walking distance to Nova Southeastern University, only 15 minutes to Tampa International Airport, and 20 minutes to the Gulf beaches, offering unbeatable appeal for both short-term and long-term rental markets. The property features two versatile units: • Main Unit: 1,600 sq. ft. | 3 Bedrooms | 2 Bathrooms • Second Unit: 851 sq. ft. | 2 Bedrooms | 1 Bathroom This flexible configuration allows for multiple rental strategies—live in one unit and rent the other, or lease both for maximum cash flow. Situated on a 0.314-acre lot, the property offers ample space for future development, expansion, or upgrades. There’s even the potential to subdivide the parcel into two lots, significantly increasing overall value and ROI potential. While the property was impacted by Hurricane Helene and is being sold as-is, this represents an exciting rebuild or redevelopment opportunity. The City of Safety Harbor and FEMA have cleared the property for refurbishment (see attached FEMA substantial damage letter). It is located in an AE flood zone, and the existing flood policy can be transferred to the new owner under a “Policy Assumption” (buyers should confirm details with their insurer). Additional highlights include: • Hurricane-rated windows (installed 2020) with lifetime transferrable warranty • City and FEMA clearance for renovation • Outstanding location near key employment, education, and recreation hubs This property is a rare find for investors seeking strong rental income, value-add potential, and a prime Safety Harbor location with tremendous future upside.
Features of 200 S Bayshore Boulevard
| MLS® # | TB8353085 |
|---|---|
| Price | $429,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 2,451 |
| Acres | 0.31 |
| Year Built | 1973 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Pending |
Listing Details
| Office | COASTAL PROPERTIES GROUP INTERNATIONAL |
|---|
Listing Map
Neighborhood Information for 200 S Bayshore Boulevard
Nearby Military Facility(ies), Low Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Calvary Christian High School Private - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
|
Eisenhower Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Countryside Christian Academy Private - Preschool to 8Th Grade - Closest Middle School |
2 Miles | |
|
Plato Academy Clearwater Public - Preschool to 8Th Grade |
2 Miles | |
|
|
Paul B. Stephens Ese Center Public - Preschool to 12Th Grade |
2 Miles | |
|
|
Depaul School For Dyslexia Private - 1St Grade to 8Th Grade |
2 Miles | |
|
Safety Harbor Elementary School Public - Preschool to 5Th Grade |
2 Miles |
School data provided by GreatSchools