Listing Details for MLS #TB8392905
272 Orange Street Unit A-b, Palm Harbor, Fl

Residential Property - Single Family Residence in Palm Harbor

Listing Price: $695,000 (Mortgage Calculator →)Days on Market: 245

Description of Property

PRICE REDUCTION!!! Location, Location, Location. with ADU ready to rent!!! CASH BUYERS ONLY, Prime Investment/ Development Opportunity. Combined asking price includes two abutting parcels, MUST BE PURCHASED AS A PACKAGE: 11-28-15-33624-000-0080 and 11-28-15-33624-000-0100 with a combined total of 1.086 +/- Acres, Zoned R-4, up to 6 units possible, located in the highly desirable Ozona area of Palm Harbor. This old Florida community is a true paradise. Possible vacation rentals allowed, golf cart friendly, no HOA, no deed restrictions, this property is a short walk to the Pinellas Trail, minutes by golf cart to restaurants, shops, breweries, & festivals of downtown Ozona and Palm Harbor—short ride to Pop Stansell Park & Pier for those beautiful Florida sunsets. Minutes to multiple marinas, drive (or bike the trail) to Honeymoon Island Beach! Some of the many Highlights of this property include an old Florida-style two-story frame home, built in 1933, with 2 Bedrooms/office, 1.5 Baths, 1,506 S/F. The kitchen has custom-built wood cabinets with granite countertops; this home is a handyman special, and it needs updates and repairs. During the most recent hurricane in 2024, flood water ran under the home, possibly damaging the AC system and ducts. This Property is sold AS IS. The sellers are not willing to make any repairs prior to closing. The 1 bedroom ADU was built in 2004, consisting of: 1 bedroom, 1 bath with 884 S/F of open living area, custom wood cabinets in the kitchen with granite counter tops, hardwood floors, and a large 260 SF MOL front porch, perfect for entertaining or relaxing and enjoying our great Florida weather. There is a 3rd home located on Lot 10. This 480 S/F home was built in 1950 and is currently in uninhabitable condition. Due to its current condition, it is unsafe to view; it should be removed after closing to accommodate future development plans. This is a must-see if you are looking for an old-style Florida property with great investment potential. This property is being sold AS IS with the right to inspect. All pertinent information must be verified by buyers and the buyer's Agent, including but not limited to current zoning, allowable uses and units, allowable leasing terms, condition of all structures, advertised boundaries and dimensions. CASH BUYERS ONLY. Please see: 260 Orange St, Palm Harbor, FL 34683, MLS Number TB8393963 : For additional information Prior to offer, check with local Zoning Department regarding any pet restrictions. Prior to offer, check with local Zoning Department regarding any leasing restrictions, building restrictions, and requirements.The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $444,725. This single family residence is listed at about 156% of the average asking price. There are 2 2 bedroom/1 bath homes between $600,000 and $900,000 currently listed for sale in this Zip code. See other listings like this one »