534 Canal Way, FL
Stellar MLS
1 / 1

$419,500

534 Canal Way

Oldsmar, FL 34677

Listing updated: September 20, 2026 at 10:01 AM ET

Active
Stellar MLSListing courtesy of Lifes A Beach Real Estate · Matt Mayers · MLS #TB8545931 · Active · 972-415-2502
2
Beds
2
Baths
1,697
Sq Ft
0.11
Acres
2001
Built
WaterfrontWater access55+ community$247/sqft360° tour
Single Family Residence

Property type

2001

Year built

4,591 sqft

Lot size

$247

Price / sq ft

$70/mo

HOA dues

8

Days on market

2

Garage spaces

AE

Flood zone

About this home

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, office/3rd bedroom, two full baths, granite kitchen countertops, and built-in bookshelves in the master bedroom. Upgrades include a new A/C system (2026), 50 Gal hot water tank (2021 replacement windows and doors (2020), 22kW Generac Guardian Generator w/NG/LP 300 Gallon tank (2020), and a porch added in December 2020. The roof was installed in 2014. Outdoor Stairlift/Accessibility Lift (2024) Rain Bird Irrigation System. Full appliance details in the attachments. 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.

Estimated monthly payment

Principal & interest$2,121
Property taxes$167
Home insurance (est.)$192
HOA dues$70

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 history8 days on market

  1. Status: Active
    Sep 12, 2026
  2. Listed$419,500
    Sep 12, 2026
  3. Price increased$419,500

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
8
Subdivision
Gull-Aire Village Ph 2b
County
Pinellas
Year built
2001
Living area
1,697 sq ft
Price/sq ft
$247
Building area
2,441 sq ft (Public Records)
Lot size
4,591 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12103C0087H)
Garage
2 spaces
Annual taxes
$2,003 (2025)
Parcel #
16-28-16-34806-000-5340
Zoning
A-E
MLS #
TB8545931

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Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Ceramic Tile, Laminate
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Other, Refrigerator, Washer
Interior features
Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Laundry
Laundry Room
Stories / Levels
One
Direction faces
East

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

HOA fee
$70 / Monthly
Monthly HOA
$70/mo
Total monthly fees
$70/mo
Total annual fees
$840
HOA name
Ameri-Tech - Dianne Alcala
CDD
No
Homestead exemption
Yes
Min lease term
6 Months
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
No leasing at all in the first 12 months from the date the deed records. After that, one month minimum, no room rentals, tenants must also be approved and 55 or older. That rules out investor buyers, which is worth saying in the remarks.
Approval process
Buyer must apply and be approved before closing. Buyer completes the application, $100 per person, credit and background check, signed 55+ certification, photo ID for age verification, and an in-person interview with a board representative.

Exterior & Construction

Exterior features
Awning(s), Rain Gutters
Construction materials
Block
Roof
Shingle
Foundation
Slab
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Community

Pets allowed
Number Limit
Senior community
Yes

Schools

ElementaryOldsmar Elementary-PNGreatSchools ↗
MiddleCarwise Middle-PNGreatSchools ↗
High SchoolEast Lake High-PNGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomFirst17x16
Primary BathroomFirst6x12
Living RoomFirst15x17
KitchenFirst12x10
Florida RoomFirst12x14

Listing Details

Listing date
2026-09-07
On market date
2026-09-12
Original list price
$419,500
Occupant type
Vacant
MLS area
34677 - Oldsmar
Listing AOR
Suncoast Tampa
Status changed
2026-09-12
Tax legal description
GULL-AIRE VILLAGE PHASE 2B LOT 534

Flood risk

High riskFEMA Zone AEPanel 12103C0087H

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

From Curlew Rd (SR 586), turn south onto Gull Aire Blvd. Take the first right onto Pelican Dr. Follow Pelican Dr to the end and bear left onto Canal Way. Continue about .3 miles. 534 Canal Way is on the right, on the canal side of the street.

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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 September 20, 2026 at 10:01 AM 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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