125 5th Avenue N, Safety Harbor, FL 34695

$1,999,999
3
BD
2
BA
2,975
SqFt
List Price
$1,999,999
Status
Pending
Days on Market
19
MLS#
U8233313
Property Style
Single Family
Year Built
1957
Bedrooms
3
Bathrooms
2
Living Area
2,975
Lot Size
7,266
Acres
0.17
Total Acreage
0 to less than 1/4
Legal Subdivision Name
West Green Spgs
MLS Area Major
Safety Harbor

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!

Additional Information

Taxes
$7811
Minimum Lease
1-2 Years
Location
Corner Lot, Historic District, Near Marina, Street Brick
Community Features
Playground, Sidewalks, No Deed Restriction
Zoning
MIXED USE
Interior Layout
Attic Fan, Ceiling Fans(s), Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Interior Features
Attic Fan, Ceiling Fans(s), Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Floor
Brick, Granite, Marble, Tile
Appliances
Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener
Utilities
Natural Gas Available, Natural Gas Connected, Underground Utilities
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Stucco
Exterior Features
Storage
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Features
Driveway, Guest, On Street
Fences
Vinyl
Flood Zone Code
X
Parcel ID
03-29-16-96498-025-0110
Legal Description
WEST GREEN SPRINGS BLK 25, LOT 11 & 1/2 VAC ALLEY ON N

Mortgage Calculator

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Listing courtesy of BHHS FLORIDA PROPERTIES GROUP.

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