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1115 PENNSYLVANIA AVENUE

Lots/Land For Sale
$550,000

BTC: 8.59375000

ETH: 289.07202624

-$50K (2026/06/29)
118 days
0 room(s)

Overview

Situated on a one-of-a-kind 0.40-acre corner lot (137 x 125) in highly desirable downtown Palm Harbor, this property offers exceptional potential for investors, builders, or buyers looking to create their dream home. The double lot may have the possibility to be subdivided into two buildable lots (buyer to verify with the county), making it an outstanding development or investment opportunity. This property also features a fully renovated 2026 cabana complete with a kitchen and full bathroom, providing a functional and stylish space that could serve as a guest suite, entertaining area, or temporary living quarters during construction or renovation. Multiple outbuildings offer ample flexibility for storage, workshops, hobby spaces, or additional storage for your auto/boat/recreational vehicles, while the entire property is securely fenced and walled, providing privacy and versatility for a variety of uses. The existing home is ready for a complete renovation or tear-down, giving the next owner the opportunity to design and build exactly what they envision while building equity in one of the area’s most sought-after neighborhoods. Location is everything, and this property delivers. This prime downtown Palm Harbor location is within walking distance to restaurants, bars, and local shops, and just minutes from the Pinellas Trail, Palm Harbor University High School, Crystal Beach, Delightful Downtown Dunedin, and the pristine white sands of Honeymoon Island. Located in a golf-cart-friendly community full of activities, this property is NOT DEED RESTRICTED and is in Flood Zone X adding even more value and peace of mind. Whether you’re looking for your next investment, development opportunity, renovation project, or a place to customize and call home, this unique property offers endless possibilities in one of Palm Harbor’s most desirable areas.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.39 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$300,000
$108K – $529K
Confidence Low
List vs. estimate
$250K above estimate
List $550,000 · +83.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,686
2025
All facts and features
  • Lot

    • Lot: 0.39 Acres

    Other Property Information

    • Parcel Number: 012815656280490060

    • Zoning: R-4

  • Type and style

    • Property Type: Land

  • Utility

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,686

  • Source details

    • MLS ID: TB8485470

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: 137 x 125

    • Subdivision Name: PALM HARBOR ESTATES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS REALTY- PALM H