A rare opportunity in the heart of historic Ozona, where charm, character, and deep-water access come together on this elevated waterfront property. Tucked along a protected canal with direct access to the Intracoastal and the Gulf, this one-of-a-kind 3-story home offers 2 bedrooms, 1.5 bathrooms, and the highly uncommon feature of a finished basement. This adds over 1,000 square feet of additional living space. From the moment you arrive, this home sets itself apart. A blend of Old Florida character and thoughtful upgrades includes hardwood floors, a large double sided brick fireplace, motorized Hunter Douglas blinds, custom millwork, chandeliers, and hurricane-impact windows and sliders throughout for peace, quiet, and protection. The roof was updated in 2009, and HVAC system was replaced in 2022. The kitchen contains granite countertops, custom soft-close cabinetry, and a layout that flows beautifully for entertaining. Each floor features climate control, and the entire home is served by a whole-house water softener system, even the dock, which is equipped with a filtered rinse station for your boat. The lower-level basement is a rare Florida find. It has been professionally waterproofed and fitted with a Triplesafe sump pump system. With mosaic tile inlays, this level has been transformed into a functional and stylish bonus space, including a billiards room, fitness area, laundry zone, and hidden storage. Outside, enjoy the oversized 300-foot-deep lot, composite decking, custom railings with hidden lighting, and two spacious balconies perfect for watching sunsets or July 4th fireworks over the water. The private dock is outfitted with newer decking and 2,500-pound boat davits for your on-the-water adventures. Propane gas service is available, and plans for a future expansion and pool are also a possibility. Located within Palm Harbor's beloved Ozona community, a vibrant coastal village with quaint restaurants, marinas, and top-rated schools, you're just minutes from beaches, the Pinellas Trail, and local favorites by car, bike, or boat. Whether you're seeking a personal paradise, weekend getaway, or future expansion project, 160 Shore Dr offers a rare blend of lifestyle and potential.