$1,999,999 ($672.27 per sqft)

Pending

Est. Mortgage $10,779/mo *

Quick Pre-Approval

125 5th AVENUE N, Safety Harbor, FL, 34695

125 5th AVENUE N, Safety Harbor, FL, 34695

9 rooms

3 beds

2 Full baths

1957

2,975 sqft

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!


Status:

Pending

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Inside

Subdivision:

WEST GREEN SPGS

Garage:

Driveway, Guest, On Street

Heating:

Electric

Cooling:

Central Air

Lot Size:

48.3 x 150

Acreage:

0.17

Est. Taxes:

$7,811

Construction

Block, Concrete, Stucco

Utilities

Natural Gas Available, Natural Gas Connected, Underground Utilities

Lot Description:

Corner Lot, Historic District, Near Marina

Days on Market:

19

Appliances:

Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener

Min Lease Term:

1-2 Years

MLS #:

U8233313


Community Info

School Info

Walk Score

Yelp


Listing courtesy of BHHS FLORIDA PROPERTIES GROUP Phone: 727-754-2040