Property Description:
This 4-bed, 1.5-bath, 1,078 sq ft single-family home sits in the heart of Safety Harbor just minutes from Main Street and the waterfront, where renovated 3–4 bedroom homes are selling in the high $300s to mid $400s. The property was built in 1948 and sits on a 6,708 sq ft lot. Roof is reported as newer per seller. With a proper renovation, this home will compete directly with updated bungalow-style homes in this pocket.
🛠️ Rehab Scope (Recommended)
Interior paint, flooring, trim, and new interior doors
Full kitchen remodel
Full bathroom remodels (1.5 → consider converting to full 2 bath)
Electrical and plumbing updates as needed
HVAC replacement or servicing
Exterior paint, landscaping, curb appeal
Layout optimization for resale appeal
Trashout and general cleanup
🟣 Comparable Sales
1060 Dr ML King Jr St N – 980 sf | Sold $475,000 | $485/sf | 1989 build
313 10th Ave N – 1,188 sf | Sold $360,000 | $303/sf | 1955 build
1035 7th St N – 1,125 sf | Sold $320,000 | $284/sf | 1961 build
1155 Withlacoochee St – 900 sf | Sold $425,000 | $472/sf | 1985 build
1220 Dr ML King Jr St N – 1,210 sf | Sold $482,000 | $398/sf | 1987 build
201 11th Ave S – 1,036 sf | Sold $445,000 | $430/sf | 1990 build
345 Dr ML King Jr St N – 1,024 sf | Sold $415,000 | $405/sf | 1964 build
📈 ARV Analysis
Typical renovated PPSF range in this pocket: ~$385–$415/sf
Low (conservative): ~$415,000+/-
Mid (typical retail finish): ~$435,000+/-
High (top-tier finish): ~$455,000+/-
Suggested ARV as a 4/1.5 (or upgraded 4/2): ~$420,000–$445,000+/-
High-end potential: ~$450,000+/- with strong finishes and bath upgrade.