Welcome to this unique elevated waterfront 3 bedroom, 2 bathroom,
oversized 2 car garage home located at 3858 Shore Boulevard that
offers close to 1,600 square feet of living space and has an
additional 600+ square foot amenity room situated in the laid back
town of Oldsmar, Florida. This serene waterfront property offers
the perfect balance of peaceful living and convenient access to
local attractions and is nestled between Tampa and Clearwater.
Residents here enjoy a tranquil, private environment, starting
mornings with fresh coastal breezes on a private porch or deck, and
spending evenings watching sunsets from a kayak or boat. This
elevated, two-story home, topped with a 2025 roof, showcases an
expansive layout filled with radiant natural light and soaring
vaulted ceilings. The interior ambiance is both airy and welcoming,
anchored by a charming wood-burning fireplace. The heart of the
home is a sun-drenched, open-concept great room and kitchen,
equipped with stainless steel appliances, granite surfaces, a
propane stove, and a tankless water heater, all showcased by
floor-to-ceiling windows. The generous primary suite acts as a
private retreat, featuring an ensuite bathroom with a garden tub,
dual vanities, and a separate shower, alongside a private deck
offering stunning vistas. The main living quarters are elevated to
stay secure and dry even in severe weather, while expansive windows
frame views of dolphins, manatees and unique local birds. Enjoy the
outdoors from a variety of living areas such as decks, patios and
screened-in porches, or cast a line from your own floating dock and
set out from your private boat ramp; the canal can handle bigger
boats and provides direct access to all of Tampa Bay and the St.
Petersburg shoreline just beyond your property. A paved driveway
provides generous parking and leaves ample room for extra
recreational vehicles like boats and RVs and there is plenty of
room for a pool. Downstairs there is an extra-large garage for two
cars alongside a spacious 600+ square foot amenity room, which
features a separate private entry and is equipped with a bathroom,
sink and refrigerator. Set on a quiet cul-de-sac that ensures
outstanding seclusion, this home occupies a spacious lot of almost
a third of an acre within a highly acclaimed school zone. It is
just 20 to 30 minutes away from downtown Tampa, Clearwater and the
finest beaches on the Gulf Coast. Within walking distance is the
delightful R.E. Olds Park, known for its regular monthly festivals
and community gatherings. Downtown Safety Harbor, with its
restaurants and entertainment options, can be reached by bicycle or
by boat, and both the stunning Phillippe Park and Mobbly Beach Park
are under three miles away, also conveniently accessible by bike or
water. The city of Oldsmar itself stands out for several reasons:
it operates its own reverse osmosis water plant, it is the location
of the Tampa Bay Skating Academy ice rink, and it has the highest
concentration of parks per square mile in Florida, with
approximately 40 percent of its area preserved as parks and nature
reserves. Those who love the outdoors will appreciate the ten-mile
Oldsmar Trail, which passes through eight of the city's ten parks
and provides countless chances for recreation and discovering
nature. Do not miss your chance to live the Florida lifestyle you
have always wanted - book your private showing of this exceptional
property today!
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.
The previous buyer lost financing due to personal issues, but this house is back on the market and ready for a new owner! Direct access to Tampa Bay for Boating End of road privacy. Water view! Home on upper Tampa Bay newly remodeled. 3 Bedroom, 2 bath, tile floors (2 smaller bedrooms are carpeted). Granite counters, stainless appliances, wood burning fire place. Stunning view - large waterfront lot on Tampa Bay. Down stairs as large family room with kitchen. Call today to view! The manager has listed the unit size as 2204 square feet.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017