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507 DRIFTWOOD DRIVE E, Palm Harbor, FL, 34683 | $2,285,000
Welcome to your ultimate waterfront lifestyle in Baywood Village—where luxury, boating, and unforgettable sunsets come together in one exceptional property. This home was extremely well thought out and built upon 30 pilings, creating an extremely strong foundation for peace of mind.
Built in 2005, this custom home offers 2, 720 square feet of well-designed living space with 660 square feet of bonus living space in the first level. This home features 3 bedrooms and 2 bathrooms, plus the huge bonus area downstairs with bonus bedroom and full bath—perfect for guests, a private suite, or flex space. The spacious split 4-car garage provides incredible storage for vehicles, toys, and gear.
Step outside and it gets even better. This property sits on a deep-water saltwater canal just minutes to open water, giving you true Gulf access with ease. Whether you're running offshore or cruising at sunset, this location delivers. The property is equipped with a 30, 000 lb boat lift capable of handling up to a 42’ vessel with quad engines, and new lift bunks will convey. (Floating dock does not convey. )
The backyard is a private resort. Enjoy a stunning custom PebbleTec pool and spa, fully heated and surrounded by lush, mature landscaping with native palms that create a tropical, private setting. With new pool equipment, everything is turnkey and ready to enjoy from day one.
Inside, you’ll find thoughtful upgrades throughout, including a gas range, tankless gas water heater, and a new dishwasher. Two of the AC units were replaced in 2024, giving you added efficiency and peace of mind.
Take it all the way to the top—literally. The 4th-floor tower loft offers breathtaking panoramic views and unforgettable sunsets, making it the perfect place to unwind or entertain.
The paver driveway, mature palms, and overall curb appeal set the tone from the moment you arrive—this is a home that stands out.
Important note: Cameras are in use inside and outside the property.
This is more than a home—it’s a boater’s dream, a private retreat, and a rare opportunity in one of the area’s most desirable waterfront communities.
Don’t miss your chance to own this piece of paradise.
Features
- Amenities: Clubhouse
- Rooms: 13
- Bedrooms: 3
- Baths: 2 full
- Lot Size: 70 x 105
- Laundry: Inside, Laundry Room
- Year Built: 2005
- Garage: 4-car Boat, Driveway, Garage Door Opener, Ground Level, On Street, Split Garage
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 2,720
- Acreage: 0.17
- Lot Size: 70 x 105
- Est. Taxes: $11,864
- Lot Desc: Landscaped, Level, Near Golf Course, Near Marina
- View: Pool, Water
- Pool: Heated, In Ground, Lighting, Salt Water
- Pet Policy: Yes
- Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- MLS#: TB8494743
- Days on Market: 5 days
- Website: https://www.raveis.com
/eprop/TB8494743/507driftwooddrivee_palmharbor_fl?source=qrflyer
Listing courtesy of Coldwell Banker Realty Phone: 813-253-2444
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
507 DRIFTWOOD DRIVE E, Palm Harbor, FL, 34683
$2,285,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,828,000 | $1,828,000 | $1,828,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.223% | 6.164% |
| Monthly Tax Payment | $989 | $989 | $989 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,668 | $11,107 | $15,426 |
| Total Monthly Payment | $11,782 | $12,221 | $16,540 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388