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Property for sale at 200 S BAYSHORE BOULEVARD, CLEARWATER, FL, 33759

200 S Bayshore BoulevardClearwater, FL, 33759

5beds
3baths
2,451sqft
Single Family Residence
Built in 1973
$400,000
Sold
Price per sqft
$163
Sold on
Nov 22, 2025
MLS #TB8352945Updated Nov 26, 2025

About this property

Prime Investment Opportunity with Price Improvement! Discover exceptional investment potential in this ideally located property—just 2 minutes from Downtown Safety Harbor and directly across from the Bayshore Pedestrian Trail. This sought-after location is within walking distance to Nova Southeastern University, only 15 minutes to Tampa International Airport, and 20 minutes to the Gulf beaches, offering unbeatable appeal for both short-term and long-term rental markets. The property features two versatile units: • Main Unit: 1,600 sq. ft. | 3 Bedrooms | 2 Bathrooms • Second Unit: 851 sq. ft. | 2 Bedrooms | 1 Bathroom This flexible configuration allows for multiple rental strategies—live in one unit and rent the other, or lease both for maximum cash flow. Situated on a 0.314-acre lot, the property offers ample space for future development, expansion, or upgrades. There’s even the potential to subdivide the parcel into two lots, significantly increasing overall value and ROI potential. While the property was impacted by Hurricane Helene and is being sold as-is, this represents an exciting rebuild or redevelopment opportunity. The City of Safety Harbor and FEMA have cleared the property for refurbishment (see attached FEMA substantial damage letter). It is located in an AE flood zone, and the existing flood policy can be transferred to the new owner under a “Policy Assumption” (buyers should confirm details with their insurer). Additional highlights include: • Hurricane-rated windows (installed 2020) with lifetime transferrable warranty • City and FEMA clearance for renovation • Outstanding location near key employment, education, and recreation hubs This property is a rare find for investors seeking strong rental income, value-add potential, and a prime Safety Harbor location with tremendous future upside.

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Property details

Property type
Single Family Residence
Street address
200 S Bayshore Boulevard
City
Clearwater
State
FL
ZIP code
33759
Year built
1973
New construction
No
Faces
East
Rooms
3
Building stories
1
Living area
2,451 sqft
Total building area
3,511 sqft
Levels
One
Property condition
Fixer

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 8, 2026 at 6:15 AM EST

Price & sale history

EventPrice
SoldMLS #TB8352945$400,000
Price reducedMLS #TB8352945$429,000Change: −41.2%−$300,000
Listed for saleMLS #TB8352945$729,000
History may be incomplete.
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Property for sale at 200 S BAYSHORE BOULEVARD, CLEARWATER, FL, 33759
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