200 S Bayshore Boulevard, CLEARWATER, FL 33759
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group



Listed by:scott dailey
Office:coastal properties group international
MLS#:TB8352958
Source:MFRMLS
Price summary
- Price:$509,000
About this home
Prime Investment Opportunity with price improvement! This property is ideally located just 2 minutes from downtown Safety Harbor and across from the Bayshore Pedestrian Trail, walking distance to Nova Southeastern University, 15 minutes from Tampa International Airport, and 20 minutes from the Gulf beaches—offering a major advantage in attracting tenants. The area is highly desirable for both short-term and long-term rentals, making it an excellent location for income generation. The property features a larger unit (1,600 square feet, 3 beds, 2 baths) and a smaller second unit (851 square feet, 2 beds, 1 bath), appealing to a wide variety of tenants. The layout allows for flexible rental strategies, enhancing its potential for steady cash flow. Sitting on a 0.314-acre lot, the property offers ample space for future development or upgrades. The possibility to subdivide the lot into two parcels adds significant value, particularly for investors looking to maximize their returns. While the property was affected by Hurricane Helene and is being sold in "as-is" condition, this presents an opportunity to rebuild, which could significantly increase its value. Hurricane Windows installed in 2020 and have a lifetime warranty transferrable to the next owner. The property has been cleared by the city and FEMA to be refurbished. see the attached FEMA substantial damage letter. The property is located within an AE flood zone. A one-time transfer of the flood policy is available under a "Policy Assumption" (interested buyers should confirm details with their insurance company). Additionally, the potential for subdividing the land could allow for two separate properties, offering even greater future value. This property represents an incredible, near-term opportunity for investors seeking strong rental income with significant future development potential!
Contact an agent
Home facts
- Listing Id #:TB8352958
- Added:169 day(s) ago
- Updated:August 14, 2025 at 07:47 AM
Structure and exterior
- Lot area:0.31 Acres
Schools
- High school:Countryside High-PN
- Middle school:Safety Harbor Middle-PN
- Elementary school:Safety Harbor Elementary-PN
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$509,000
- Tax amount:$6,674 (2024)
New listings near 200 S Bayshore Boulevard
- New$12,048,000Active5 beds 6 baths6,124 sq. ft.
805 S Gulfview Blvd #PH-1B, CLEARWATER, FL 33767
MLS# TB8417365Listed by: SMITH & ASSOCIATES REAL ESTATE - New$469,900Active2 beds 2 baths1,273 sq. ft.
1861 Harmony Drive, CLEARWATER, FL 33756
MLS# TB8414716Listed by: COMPASS FLORIDA LLC - New$358,888Active3 beds 2 baths1,237 sq. ft.
1916 Macomber Avenue, CLEARWATER, FL 33755
MLS# TB8417584Listed by: LPT REALTY, LLC - New$489,900Active3 beds 3 baths2,023 sq. ft.
14873 Feather Cove Road, CLEARWATER, FL 33762
MLS# TB8408771Listed by: THE RAND WILSON GROUP - Open Sat, 10am to 12pmNew$549,000Active4 beds 3 baths1,484 sq. ft.
905 Plaza Street, CLEARWATER, FL 33755
MLS# TB8417255Listed by: NEXTHOME SOUTH POINTE - New$307,999Active2 beds 1 baths840 sq. ft.
3900 105th Avenue N, CLEARWATER, FL 33762
MLS# O6335799Listed by: BEYCOME OF FLORIDA LLC - New$1,135,000Active2 beds 2 baths1,348 sq. ft.
521 Mandalay Avenue #604, CLEARWATER BEACH, FL 33767
MLS# TB8412235Listed by: CHARLES RUTENBERG REALTY INC - New$474,900Active3 beds 2 baths1,303 sq. ft.
1875 Harmony Drive, CLEARWATER, FL 33756
MLS# TB8414719Listed by: COMPASS FLORIDA LLC - New$385,000Active2 beds 2 baths1,350 sq. ft.
660 Island Way #708, CLEARWATER BEACH, FL 33767
MLS# TB8415708Listed by: COLDWELL BANKER REALTY - New$639,000Active2 beds 2 baths1,100 sq. ft.
1651 Sand Key Estates Court #25, CLEARWATER BEACH, FL 33767
MLS# TB8415455Listed by: MAGNATE REALTY, LLC