Waterfront Proximity Fixer in Safety Harbor

This 1,498 sq ft 3-bed, 2-bath single-family home sits on a 23,627 sq ft lot in Safety Harbor. Built in 1946, the property has newer roof (2016) and AC (2016), but the interior will need a full renovation including kitchen, baths, flooring, paint, and exterior updates. Once improved, it will compete directly with nearby updated homes close to the water, though values vary given flood zone and unique lot sizes.

🛠️ Rehab Scope

Full interior and exterior renovation including kitchen, baths, flooring, paint, fixtures, and landscaping. Roof and AC are serviceable from 2016, but cosmetic and modernization work is required throughout.

🔴 Recently Sold / Pending

• · 3027 Key Harbor Dr – 2,337 sq ft, 4/3, built 1994 → Sold $850,000 ($364/sf) – updated
• · 3111 Bishop Dr – 2,148 sq ft, 4/2, built 1983 → Sold $685,000 ($319/sf) – updated
• · 104 Westbrook Ct – 3,080 sq ft, 3/3, built 1994 → Pending $1,495,000 ($485/sf) – updated
• · 1110 Pelican Pl – 1,623 sq ft, 3/2, built 1979 → Active $474,900 ($293/sf) – dated

This property is very difficult to comp as it is surrounded by huge houses on the bay.  This property is also on a large lot, but not water front, although very close.  I had to use my best judgement to determine ARV.