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506 SHORE DRIVE E

House For Sale
$900,000

BTC: 14.06250000

ETH: 515.46391753

16 days
Waterfront
2 bds
2 ba
1,313 sqft

Overview

Exceptional waterfront opportunity on one of Oldsmar’s most desirable streets. Situated on a 75x205 (.33 acre) waterfront homesite overlooking beautiful Old Tampa Bay, this property presents a rare opportunity to create a custom luxury estate in an area experiencing significant redevelopment and impressive new construction. Currently utilized as a vacation rental, the home offers income producing potential while future plans take shape, though the true value lies in the land and its exceptional waterfront setting. For water enthusiasts, the lifestyle possibilities are endless. Launch a kayak or paddleboard from your backyard, enjoy boating and jet skiing on the Bay, or simply unwind while taking in panoramic water views and breathtaking sunset skies. With no HOA or deed restrictions, there is added flexibility and ample room for boat and RV parking. Ideally located approximately 20 minutes from Tampa International Airport and about 25 minutes to the Gulf beaches, the property is also just down the street from RE Olds Park and offers convenient access to pickleball, Mobbly Beach, Veterans Memorial Park, scenic biking and walking trails, dining, shopping, and everyday conveniences. Offering a unique blend of waterfront serenity and exceptional accessibility, this is a rare opportunity to create a one of a kind coastal retreat where the lifestyle is just as remarkable as the setting.

Location

Details

Type:
Residential
Parking:
Covered / Driveway
Year Built:
1955
Lot:
0.33 Acres
Heating:
Central / Electric
Price/sqft:
$685
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$325,000
$271K – $690K
Confidence Low
List vs. estimate
$575K above estimate
List $900,000 · +176.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$685
+155.6% vs. city median $268
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,894
2025
View
Water
Waterfront
Bay/Harbor
Garage
1 car garage
All facts and features
  • Flooring

    • Linoleum

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Stone Counters

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Covered

    • Driveway

    Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 252816894780100130

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,895

  • Source details

    • MLS ID: TB8509618

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / In Garage

    • Lot Features: FloodZone / City Lot / Oversized Lot

    • Direction Faces: North

    • Architectural Style: Ranch

    • Waterfront: Yes

    • Water Body Name: OLD TAMPA BAY

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1313

    • Water Source: Public

    • Lot Size Dimensions: 75 x 205

    • Subdivision Name: TAMPASHORES BAY SEC

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: WESTWARD REAL ESTATE