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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.
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
Amenities
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
506 SHORE DRIVE E
Oldsmar, FL 34677
TAMPASHORES BAY SEC
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
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.



