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512 S 51ST STREET

House For Sale
$440,000

BTC: 5.38061755

ETH: 180.92105263

New
Waterfront
3 bds
2 ba
1,276 sqft

Overview

Riverfront opportunity with no HOA and no CDD! This 3-bedroom, 2-bath single-family home has been fully gutted to the studs and is ready for a complete rebuild or renovation to your own design. It sits at the end of a quiet cul-de-sac with water views of the Palm River leading to McKay Bay. The sale includes the home plus the rear parcel that provides river frontage, for a combined 0.4581 acres. The home sits on a crawl space foundation with a metal roof. Features include an in-ground pool, a circular drive, and a 2-car attached garage. Ideal for investors, builders, or buyers ready to create their waterfront home. The adjacent lot is also available for purchase separately and is not included in this listing. Sold as-is. Cash buyers preferred.

Location

Details

Type:
Residential
Parking:
Circular Driveway
Year Built:
1961
Lot:
0.45 Acres
Heating:
Central
Price/sqft:
$345
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$289,000
$223K – $380K
Confidence Low
List vs. estimate
$151K above estimate
List $440,000 · +52.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$344
+18.2% vs. city median $291
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,528
2025
Pool
In Ground
View
Water
Waterfront
River Front
Garage
2 car garage
All facts and features
  • Flooring

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Circular Driveway

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Awning(s) / Courtyard / French Doors / Lighting

    Lot

    • Lot: 0.45 Acres

    Other Property Information

    • Parcel Number: U222919ZZZ00000149520.0

    • Zoning: RDC-12

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

  • Other financial information

    • Annual tax amount: $2,528

  • Source details

    • MLS ID: TB8558614

    Other facts

    • Construction Materials: Vinyl Siding

    • Foundation Details: Crawlspace

    • Laundry Features: None

    • Lot Features: Cul-De-Sac

    • Pool Features: In Ground

    • Direction Faces: West

    • Waterfront: Yes

    • Water Body Name: PALM RIVER, MCKAY BAY

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1276

    • Water Source: Public

    • Subdivision Name: UNPLATTED

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 HARBOR