$2,099,000
507 Driftwood Drive
Palm Harbor, FL 34683
Listing updated: June 19, 2026 at 6:06 PM ET
Listing courtesy of Coldwell Banker Realty · Jonathan Hernandez · MLS #TB8494743 · Active · 813-253-2444Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Welcome to your ultimate waterfront lifestyle in Baywood Village—where luxury, boating, and unforgettable sunsets come together in one exceptional property. This home was extremely well thought out and built upon 30 pilings, creating an extremely strong foundation for peace of mind. Built in 2005, this custom home offers 2,720 square feet of well-designed living space with 660 square feet of bonus living space in the first level. This home features 3 bedrooms and 2 bathrooms, plus the huge bonus area downstairs with bonus bedroom and full bath—perfect for guests, a private suite, or flex space. The spacious split 4-car garage provides incredible storage for vehicles, toys, and gear. Step outside and it gets even better. This property sits on a deep-water saltwater canal just minutes to open water, giving you true Gulf access with ease. Whether you're running offshore or cruising at sunset, this location delivers. The property is equipped with a 30,000 lb boat lift capable of handling up to a 42’ vessel with quad engines, and new lift bunks will convey. (Floating dock does not convey.) The backyard is a private resort. Enjoy a stunning custom PebbleTec pool and spa, fully heated and surrounded by lush, mature landscaping with native palms that create a tropical, private setting. With new pool equipment, everything is turnkey and ready to enjoy from day one. Inside, you’ll find thoughtful upgrades throughout, including a gas range, tankless gas water heater, and a new dishwasher. Two of the AC units were replaced in 2024, giving you added efficiency and peace of mind. Take it all the way to the top—literally. The 4th-floor tower loft offers breathtaking panoramic views and unforgettable sunsets, making it the perfect place to unwind or entertain. The paver driveway, mature palms, and overall curb appeal set the tone from the moment you arrive—this is a home that stands out. Important note: Cameras are in use inside and outside the property. This is more than a home—it’s a boater’s dream, a private retreat, and a rare opportunity in one of the area’s most desirable waterfront communities. Don’t miss your chance to own this piece of paradise.
Local Insight
At $772/sqft for a 2005 build on just 0.17 acres, you're paying a waterfront premium in AE flood zone—which means flood insurance will be a significant ongoing cost that needs to be factored into your true carrying expenses, not just the mortgage. The 4-car garage and pool are nice amenities, but the real value question here is whether the water access and views justify both the price point and the flood risk mitigation costs for your specific situation.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history73 days on market
- Status: ActiveApr 7, 2026
- Listed$2,285,000Apr 7, 2026
- Price reduced$2,099,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 73
- Subdivision
- Baywood Village
- County
- Pinellas
- Year built
- 2005
- Living area
- 2,720 sq ft
- Price/sq ft
- $772
- Building area
- 4,914 sq ft (Public Records)
- Lot size
- 7,475 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0057H)
- Garage
- 4 spaces
- Pool
- Private pool
- Annual taxes
- $11,864 (2025)
- Parcel #
- 23-27-15-05814-000-0380
- Zoning
- R-3
- MLS #
- TB8494743
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Flooring
- Carpet, Tile, Wood
- Appliances
- Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, In Wall Pest System, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Three Or More
- Direction faces
- West
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 4
- Attached garage
- Yes
- Parking features
- Boat, Driveway, Garage Door Opener, Ground Level, On Street, Garage
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Confirm all lease restrictions with the county/city.
- Approval process
- Confirm approval process with the county/city.
Exterior & Construction
- Exterior features
- Balcony, Fire Pit, French Doors, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Sliding Doors
- Construction materials
- Block, Stucco, Wood Siding
- Roof
- Tile
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Propane, Sewer Available, Water Available
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Third | |
| Primary Bathroom | Third | |
| Office | Third | |
| Balcony/Porch/Lanai | Upper | |
| Balcony/Porch/Lanai | Third | |
| Balcony/Porch/Lanai | Second | |
| Bathroom 1 | First | |
| Living Room | Second | |
| Kitchen | Second | |
| Laundry | Second | |
| Loft | Upper | |
| Bedroom 1 | First | |
| Bedroom 2 | Second | |
| Bedroom 3 | Second | |
| Bathroom 2 | Second |
Listing Details
- Listing date
- 2026-04-06
- On market date
- 2026-04-07
- Original list price
- $2,285,000
- Occupant type
- Owner
- MLS area
- 34683 - Palm Harbor
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-04-07
- Tax legal description
- BAYWOOD VILLAGE LOT 38
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Driving north on Alt 19 Turn left on Klosterman Rd, Turn left onto Driftwood DR W, Turn left onto Driftwood Dr N, Turn right onto Driftwood Dr E and the house is on the left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 19, 2026 at 6:06 PM ET. 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.
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