1
Map
$1,495,000
●
House -
Off Market
218 DRIFTWOOD LANE
LARGO, FL 33770
3 Beds
2 Baths
1,550 Ft²
$9,097
Est. Monthly
$35
HOA / Fees
About This Property
Wake up to panoramic waterfront scenery in this beautifully
situated home in the highly desirable Harbor Bluffs community.
Tucked away on a quiet cul-de-sac, this 3-bedroom, 2-bath residence
with a spacious 2-car garage offers an exceptional opportunity to
experience Florida coastal living at its finest. Take in
breathtaking sunset views from the comfort of your living space or
relax on your private dock overlooking the Intracoastal Waterway
and the Belleair Bridge. Enjoy access to the neighborhood park
featuring family-friendly events. The area's beautiful Gulf beaches
are just a short drive, less than two miles from your doorstep, and
the Belleair Causeway Boat Ramp is conveniently located less than
one mile away. Beautiful video tour attached.
Unit Size
1,550 Ft²
Days on Market
45 days
Land Size
0.25 acres
Price per sqft
$1,000
Property Type
House
Property Taxes
$1,451
HOA Dues
$35
Year Built
1963
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Stellar MLS #TB8510463)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by RE/MAX ACTION FIRST OF FLORIDA | $1,550,000 | |
| Listed by RE/MAX ACTION FIRST OF FLORIDA | |||
| Aug 8, 2025 | Listed | $1,699,000 | |
| Listed | |||
| | |||
|
ENJOY THE AMAZING VIEWS FROM THIS WATERFRONT HOME in the sought after area of HARBOR BLUFFS on Driftwood Lane! UNBELIEVABLE LOCATION WITH AMAZING SUNSET VIEWS from inside this home or sitting on the dock of the property that overlooks the IntraCoastal Waterways and the Belleair Bridge. This is a 3 bedroom, 2 bath, 2 car garage home with a dock that is Located on a cul-de-sac. There is a neighborhood park that has seasonal events for adults and kids, including “music in the park.” The Belleair Causeway Boat Ramp is less then one mile away and less then 2 miles to the beaches. Pinellas County sent a letter to the seller verifying that this property is not considered “substantially damaged.” This would allow repairs and improvements for the property to take place without the home being required to be “lifted.” Seller states that there is an “Assumable Allstate Flood Policy” in place. This home is also located in a Deed Restricted Community and they do not allow for short term rentals. PLEASE BE SURE TO CLICK ON THE STUNNING VIDEO TOUR THAT IS ATTACHED TO THIS LISTING
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Property Highlights
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With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Harbor Bluffs
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Listed by: Kenny Hayslett
RE/MAX ACTION FIRST OF FLORIDA
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# TB8510463
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
RE/MAX ACTION FIRST OF FLORIDA
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# TB8510463
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