by Global Lifestyle Properties

See Home Value
$3,700,000
● House - Off Market

512 Driftwood CIRCLE

PALM HARBOR, FL 34683
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
6,295 Ft²
$3,375,972
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Once-in-a-lifetime opportunity to own this premier estate which offers unparalleled unobstructed wide-open-water views of the Gulf of Mexico. A unique 2-story residence that is an oasis of serenity on the market for the first time in 51 years. This 5-bedroom, 5.5 bath pool home with a private dock/10,000 lb lift & fishing pier is ideal for the avid fisherman & deep water boat enthusiast! Breathtaking waterway views from most every room. Truly a fabulous floorplan for any family. Located on a cul-de-sac live the luxury lifestyle in this magnificent 6,295-square-foot Mediterranean waterfront estate. Sits on a 23,400-square-foot lot, 248 feet on the Gulf. Lushly landscaped gardens, paver walkway, wrought iron gate opens to the courtyard ideal for morning coffee! The gracious living room has beamed & shiplap cathedral ceilings, hardwood floors, piano room, 2 sets of glass French doors which open to the backyard brick paver patio, gardens and pool! Enjoy entertaining in the grand formal dining room which is fit for a king: beamed ceilings, brick floors, 2-stationary arched windows. Leaded stained glass trim finished walls open into the eat-in kitchen, dry bar & cabinetry. Chef's delight kitchen: stainless appliances, sink and white wood cabinetry. Tranquil family room: cathedral-beamed ceiling, shiplap, 3-glass arched windows, hardwood floors, French door to pool patio overlooks the Gulf of Mexico! First floor master bedroom features are the 5-sets of windows that overlook the water! hardwood floors, crown molding and pool access! The master bathroom although unique in style offers plenty of closet space, his & her bathrooms, a dressing room and backyard access. The upstairs bonus room is a perfect get away to read, watch TV &/or sunsets: private balcony. The first floor fitness bonus room is ideal for any family. Secondary laundry closet. Who would not want to work in the office which overlooks the Gulf of Mexico, closet storage & gas fireplace (not warranted). 5th bathroom & pool bathroom. The 2nd story has 3 generously sized carpeted bedrooms with ample closet space. 2.5 bathrooms. Laundry room. Gated drive. 3-car garage interlocking garage tile floor with closet storage. *Both parcels were purchased as 1*.
Unit Size
6,295 Ft²
Days on Market
158 days
Land Size
88.00 acres
Price per sqft
$532
Property Type
House
Property Taxes
$1,716
HOA Dues
-
Year Built
1971

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Last updated: 3 years ago (Stellar MLS #U8184129)

Price History

Date / Event Date Event Price
Jul 1, 2025 Listed $4,750,000
Listed
Prime Waterfront Land in Baywood Village – A Rare Investment Opportunity! Seize control of this commanding .85 acre waterfront parcel in the exclusive Baywood Village of Palm Harbor. This is not just land—it’s a gateway to unmatched coastal living with direct, deep-water access to the Gulf of Mexico, perfect for large boats and sailboats. Located at 512 Driftwood Circle, this parcel can be yours as a single grand estate, split into two substantial lots, or divided into four distinct sites. With its prime west-facing orientation, this home site offers stunning sunset views that transform the sky into a masterpiece each evening. Marine life—dolphins, manatees, snook and tarpon—thrives in the waters just off your shore. Positioned at the end of a quiet cul-de-sac, this parcel ensures privacy and prestige in one of Baywood Village’s most elite spots. Palm Harbor, Florida, is a vibrant coastal community known for its scenic Gulf of Mexico waterfront, top-rated schools, and charming downtown with easy access to Tampa and Saint Petersburg's urban amenities. Its blend of natural beauty, recreational opportunities, and upscale living makes it a premier destination for home buyers. Priced at $4,750,000 for the full .85 acres, this is a rare chance to claim a legacy property. Build one grand estate, develop multiple homes, or hold as a high-value investment. Act now—opportunities this bold don’t last. Contact us for details. Buyer to verify all measurements and conduct due diligence. Information deemed reliable but not guaranteed.
May 18, 2023 Sold
Sold
Feb 5, 2023 No longer available -
No longer available
Jan 26, 2023 Price Decreased $1,500,000
↓ $400K (21.1%)
Price Decreased
Jan 14, 2023 Price Decreased $1,900,000
↓ $1M (43.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 17
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 858
  • Parking Space Count: 3
  • Patio Type: 69
  • Porch Type: 59
  • Pool Type: 8
  • Location Influence Type: 106

    Dimensions

  • Lot Size Square Feet: 37,388
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 2,230
  • Total Building Area: 7,838
  • Gross Building Area: 7,838
  • Building Area: 6,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 6,295
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYWOOD VILLAGE
  • Land Acres: 0000000858
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BAYWOOD VILLAGE LOTS 23, 24, 25 & 26 LESS THAT PART OF SD LOT 26 DESC BEG MOST ELY COR TH S19D2604W 116.56FT TH CUR RT RAD 618.06FT ARC 13.97FT CB N83D4452W 13.97FT TH CUR RT RAD 120FT ARC 19.54FT CB N78D2618W 19.52FT TH N30D2125E 125.5FT TH CUR RAD

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0011, L002
  • Census Tract: 027202

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 20
  • Account Number: R496877
  • District: PHMT
  • Subdivision Tract Number: 5814
  • Parcel: 23-27-15-05814-000-0250
  • Lot: 26
  • Meridian: SEC 23 TWN 27S RNG 15E
  • Municipality: PALM HARBOR COM SVC
  • Latitude: 28.1191
  • Longitude: -82.7784

    Address

  • Full Address: 512 Driftwood Cir
  • Address - House Number: 512
  • Address - Street Name: Driftwood
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Palm Harbor
  • Carrier Code: C070
  • 4-Digit Zip Code: 1003
  • Zip Code: 34683

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,112,369
  • Tax Rate Code Area: PHMT

    Appraisal Valuation

  • Standard Deviation: 0.0868
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 1,974,680
  • High Value: 2,146,253
  • Low Value: 1,803,107

    Market Valuation

  • Market Total Value: $3,585,684
  • Market Land Value: $2,267,347
  • Market Improvement Value: $1,318,337

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,196,689

    Sales

  • Current Sale Contract Date: May 16, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 130047
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Baywood Village


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Frequently Asked Questions

When was property at 512 Driftwood Circle built and last sold?
The property at 512 Driftwood Circle was built in 1971 and last sold on May 16, 2023 for $3,700,000.
How much is this home worth?
The estimated value of the home located at 512 Driftwood Circle is $0.
What are some comparable homes to 512 Driftwood Circle?
There are currently no comparable homes to 512 Driftwood Circle.