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534 CANAL WAY

House For Sale
$419,500

BTC: 5.33375715

ETH: 165.77751433

New
Waterfront
2 bds
2 ba
1,697 sqft

Overview

Lovely Waterfront Single Family Home in Gull-Aire Village—never flooded, came through Hurricane Helene completely dry. Current appraisal is in the attachments. 534 Canal Way features a slab foundation, block and stucco construction on a continuous footing. Built in 2001, it offers 1,873 heated sq. ft., 2,441 sq. ft. under roof, and an attached 483 sq. ft. two-car garage. It includes two bedrooms, two full baths, granite kitchen countertops, and built-in bookshelves in the master bedroom. Upgrades include a new A/C system (2026), replacement windows and doors (2020), a $20k Generac standby generator with 300 Gallon propane tank (2020), and a porch added in December 2020. The roof was installed in 2014. There are too many extras to list. The backyard is a true highlight, featuring a lawn that slopes directly down to the water with no seawall, making it easy to launch a kayak, canoe, or small jon boat. With no seawall to maintain or replace, upkeep is minimal. Please note: there is no dock or boat lift, making this ideal for paddlers and small craft. The home is adapted for easy living, complete with a powered chair lift from the driveway to the front door, step railings, assisted lifting rails in the bedroom, and a Kohler walk-in tub in the second bathroom. Gull-Aire Village is a deed-restricted 55+ community where you own the land, with an HOA fee of just $70/month. Amenities include a clubhouse, large heated pool, spa, sauna, library, enclosed shuffleboard, bocce, picnic area, art gallery, and resident-run activity groups. Oldsmar has designated this a golf cart-friendly community. One pet per home is permitted, and association approval is required prior to closing. Conveniently located under a mile from Woodlands Square (Bealls, Marshalls, Ulta, PetSmart, AMC Theatres, Craft Street Kitchen, Shaker and Peel, and Eve's Family Restaurant). Publix, Target, Walmart Neighborhood Market, and Mease Countryside Hospital are within two miles. A walking/biking trail along Canal Way leads to Sheffield Park. Honeymoon Island is approximately 9 miles away, and Tampa International Airport is about 15 miles out. Room dimensions are approximate and should be verified by buyer.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2001
Lot:
0.11 Acres
Heating:
Central / Electric
Price/sqft:
$247
Cooling:
Central Air
HOA:
$70

Valuation

Our model vs. what's actually selling nearby.
Estimate
$424,900
$320K – $465K
Confidence Low
List vs. estimate
At estimate
List $419,500 · -1.3%
List is in line with recent comparable activity.
Price per sq ft
$247
-4.5% vs. city median $258
Based on
15 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,002
2025
HOA
$70/mo
Common Area Taxes, Community Pool, Escrow Reserves Fund
Waterfront
Canal - Freshwater
Garage
2 car garage
Furnished
Negotiable
Pets
Number Limit
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Freezer

    • Microwave

    • Other

    • Refrigerator

    • Washer

    Other interior features

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Awning(s) / Irrigation System / Rain Gutters

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 162816348060005340

    • Zoning: A-E

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $70

    • HOA Frequency: Monthly

    • Annual tax amount: $2,003

  • Source details

    • MLS ID: TB8545931

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Window Features: ENERGY STAR Qualified Windows / Window Treatments

    • Direction Faces: East

    • Waterfront: Yes

    • Water Body Name: LAKE TARPON CANAL

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1697

    • Water Source: Public

    • Lot Size Dimensions: 54 x 85

    • Subdivision Name: GULL-AIRE VILLAGE PH 2B

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: LIFES A BEACH REAL ESTATE