$1,600,000
$1,999,999
20.0%For more information regarding the value of a property, please contact us for a free consultation.
125 5TH AVE N Safety Harbor, FL 34695
3 Beds
2 Baths
2,975 SqFt
Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,975 sqft
Price per Sqft $537
Subdivision West Green Spgs
MLS Listing ID U8233313
Sold Date 04/30/24
Bedrooms 3
Full Baths 2
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1957
Annual Tax Amount $7,811
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 48.3x150
Property Description
Back On Market, Huge Price Improvement! Here's your chance to acquire a Corner Lot featuring a blend of commercial and residential spaces, along with a storage house, situated in the captivating locale of Safety Harbor on Main Street and 5th Ave. This unique property represents one of the last few remaining single-family residences in Safety Harbor's Market Place, positioned on the ground floor with an impressive 210 feet of road frontage on 5th Ave and over 48 feet on the Main Street corner. Safety Harbor, a flourishing waterfront community renowned for its Safety Harbor Spa, marina, parks, shops, and restaurants, offers an enticing backdrop for this property. The sale includes two parcels. The first parcel, located on Main St and 5th Ave N, comprises 3 buildings totaling 3,083 square feet. The corner building on Main St and 5th Ave boasts excellent exposure featuring 924 square feet, 2 spacious showrooms, 2 bathrooms (one handicap accessible), and a back room. Currently leased and occupied by tenants. The second building offers an open space of 595 square feet, currently rented for storage. The third building is a beautifully updated 3-bedroom, 2-bath home spanning 1,456 square feet, characterized by an open floor plan, porcelain tile, a modern kitchen with rainforest marble, updated baths and master walk-in closet. Included in the sale is a parking lot on 5th Ave N, measuring 60x58 square feet per public record, providing 12 parking spots. These properties fall within the Main Street Marketplace Section of Safety Harbor and are zoned for MULTI-USE commercial purposes as per the City of Safety Harbor. Notably, the area is in Zone X, eliminating the need for flood insurance. The property presents an excellent opportunity for developers considering construction possibilities of up to 35 feet with storefront and living space above, or for business owners recognizing the value of Main Street property in Safety Harbor's rich history. While the owner will not subdivide the land, post-purchase, there is potential to break the property into three parcels through proper permitting with the city. Seize this chance to own a piece of downtown Safety Harbor and become part of its vibrant history!
Location
State FL
County Pinellas
Community West Green Spgs
Zoning MIXED USE
Direction N
Interior
Interior Features Attic Fan, Ceiling Fans(s), Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Heating Electric
Cooling Central Air
Flooring Brick, Granite, Marble, Tile
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener
Laundry Inside
Exterior
Exterior Feature Storage
Parking Features Driveway, Guest, On Street
Fence Vinyl
Community Features Playground, Sidewalks
Utilities Available Natural Gas Available, Natural Gas Connected, Underground Utilities
Roof Type Metal
Porch Covered, Enclosed, Porch
Garage false
Private Pool No
Building
Lot Description Corner Lot, Historic District, Near Marina, Street Brick
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with CHARLES RUTENBERG REALTY INC
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