new - 18 hours on rocket

506 Driftwood Dr E, Palm Harbor, FL, 34683

$325,000

Home List Price

$3,859*

Closing Credit

3 Bedrooms
1 Full Bath
1,066 SqFt
$305/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

506 Driftwood Dr E, Palm Harbor$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1959
HeatingCentral
CoolingCentral Air
MLS #TB8316883
Lot Size0.18 Acres
StatusActive

About 506 Driftwood Dr E

Check out this three-bedroom, one-bathroom home in Palm Harbor that offers incredible potential and is situated on a spacious corner lot with room for a pool. While the home is in need of some TLC and has experienced flooding from Hurricane Helene, it presents a wonderful opportunity to customize and make it your own. The home features a nice layout with an open floor plan and an open kitchen. There is crown molding throughout and ceiling fans to keep the home cool on warm Florida days. The living and dining combo creates an ideal space for entertaining. Step outside to the patio, perfect for grilling and enjoying the Florida weather. The home’s corner lot provides plenty of space, with ample room for a pool to create your own backyard oasis. For convenience, there is covered carport parking with easy access to the home. The location is unbeatable, nestled between the historic Tarpon Springs Sponge Docks and vibrant Downtown Palm Harbor, both known for their fantastic food and boutique shopping. You’re also just minutes from Wall Springs Park, a local favorite for nature walks and scenic views, as well as Gulf beaches, shopping centers, and entertainment. This property is a diamond in the rough, offering an exceptional opportunity to live in one of the most sought-after areas of Palm Harbor. With a little vision, some TLC, and attention to the flooding concerns, this home could be transformed into your perfect Florida retreat.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 1,066 SqFt

Listing Office:

  • Office Name: EXP REALTY LLC
  • Listing Agent: Jeffrey Borham, PA

Interior Features

Interior Information:

  • Appliances: Microwave
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Private Mailbox, Rain Gutters

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head east toward Pinellas Ave 75 ft, Turn right onto Pinellas Ave 0.7 mi, Turn right onto W Klosterman Rd 1.1 mi, Turn left onto Driftwood Dr W, Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $305/SqFt

Tax Information:

  • Annual Amount: $715
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Palm Harbor, FL.

Map thumbnail provided by MapBox

Palm Harbor, FL

City

Med. Sold Price

$440.6K

Med. Price/SqFt

$274

Avg. Days On Market

70

# of Sold Homes

85

506 Driftwood Dr E vs Palm Harbor

1 DAY ON ROCKET

-69 Days

$325,000

-$115.6K Less

$305/SqFt

+$30 More

KEY TAKEAWAY

This property is $115.6K less than the Median Sold Price and $30/SqFt more than other homes in Palm Harbor, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8316883

Listing Office:

  • Office Name: EXP REALTY LLC
  • Listing Agent: Jeffrey Borham, PA

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 9:19:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 02, 1998Home Sold
$53,600

Tax History

YEARPROP. TAXASSESSMENT
2020$715$72,924
2019$712$71,284
2018$710$69,955
2017$714$68,516

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-411860
8
/10

  • Sunset Hills Elementary

  • 1347 Gulf Rd

  • 1.68 miles

  • Public District Grades PK-5

school-card-donut-411861
10
/10

  • Tarpon Springs Fundamental Ele

  • 400 E Harrison St

  • 2.05 miles

  • Public Magnet Grades KG-5

school-card-donut-411862
8
/10

  • Sutherland Elementary

  • 3150 N Belcher Rd

  • 2.34 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,830. Residents of Palm Harbor, FL typically earn between $35k-100k each year. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Driftwood Dr E

What is the listing price of this property?

The listing price of 506 Driftwood Dr E property is $325,000.

What type of property is this?

The property 506 Driftwood Dr E is a house located in Palm Harbor, Florida, 34683.

Is this property for sale now?

Active Listing: 506 Driftwood Dr E is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $715 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 2, 1998 for $53,600. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Driftwood Dr E has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 506 Driftwood Dr E is 1,066 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Driftwood Dr E is 1959.

Rocket Homes›Florida›Pinellas County›Palm Harbor›34683›506 Driftwood Dr E

This home is located at 506 Driftwood Dr E in Palm Harbor, FL and zip code 34683 in the Baywood Village neighborhood. This 1,066 square foot home, which was built in 1959, sits on a 0.18 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $325,000.

While more than 6 listings in Palm Harbor, FL in October 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 64 were sold below. Between September 2024 and October 2024, Palm Harbor, FL real estate market has seen decrease in the number of listings by 2.1%. While the average time on the market in October 2024 was 70 days, the median list price was $440,631.

From Rocket Homes Real Estate and based on county public records data.

More Resources