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About This Home

This 2-bedroom, 2-bathroom single family at 506 SHORE DRIVE E in Oldsmar, FL is listed for $900,000 ($685 per sqft). Built in 1955, the home offers 1,313 sqft of living space on a 0.33 acres lot.

Agent Description

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.

Key Features

  • Built in 1955
  • 0.33 acre lot
  • Waterfront

Property Details

2 full
1955

Amenities

Waterfront

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$263

Estimates only. Actual payments may vary.

Location

506 SHORE DRIVE E

Oldsmar, FL 34677

TAMPASHORES BAY SEC

Features & Amenities

Interior Features

Ceiling Fans(s)Open FloorplanPrimary Bedroom Main FloorStone CountersThermostatWindow Treatments

Property Details

Flooring

Linoleum

Construction

BlockStucco

Parking

CoveredDrivewayGarageGarage - Attached

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

DishwasherRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom single family at 506 SHORE DRIVE E is listed at $900,000 ($685/sqft). The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.

Key features include: Built in 1955, 0.33 acre lot, Waterfront. Interior Features: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor.

This property is listed by John Pestalozzi Jr LLC and can be reached at 8132854456 or John@WestwardRealEstate.com.

JL

John Pestalozzi Jr LLC

Agent at WESTWARD REAL ESTATE

(813) 285-4456

Listed by WESTWARD REAL ESTATE · View on Broker Site

MLS# TB8509618· Source: listhub· Updated 20 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 SHORE DRIVE E, Oldsmar, FL 34677

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