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About this home
551 Omaha St is a 1930-built home in Sutherland Town Of, Palm Harbor. Inside you'll find 6 bedrooms, 6 bathrooms, and 3,416 square feet of living space. Listed at $969,000 (about $284/sqft), 46 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Incredible opportunity awaits in Palm Harbor with this fully turnkey, six-bedroom, five-bath multi-residence estate. Complete with a NEW roof, sparkling pool, relaxing spa, and your own private putt-putt green right in the backyard! Perfectly suited for a short-term rental, multigenerational retreat, or a rare income-producing compound, this property offers flexibility that is hard to find. Situated on an oversized lot, there is parking and access both from Omaha Steet and Ohio Ave. Step inside the main home to discover a welcoming eat-in kitchen, expansive double living room, and a charming staircase leading to the second floor. Upstairs, you will find enough beds to sleep eight, and two full bathrooms providing comfort and privacy for family or guests. The main home offers beautiful pool views with patio/spa access through the living area French doors. The additional detached structure offers exceptional versatility. Downstairs includes a large theater/media room, a pool bathroom and a private bedroom/bathroom—ideal for entertainment or guest quarters. Upstairs, there is a full-size kitchen, comfortable living area and two additional bedrooms making this self-contained space ideal for rentals or extended family. The resort-style backyard is designed for relaxation and fun, offering a shady hammock retreat, a space for practicing your swing, and an expansive paver deck perfect for soaking up the sun! Located in a golf-cart-friendly community, just minutes from vibrant downtown Palm Harbor and the award-winning shores of Honeymoon Island Beach, this property combines old world charm, coastal convenience and exceptional income potential. Opportunities like this rarely come to market—a true retreat in one of Tampa Bay’s most desirable areas, with NO FLOOD insurance required. Listed at the APPRASIED value, ALL furnishings included with a full price offer. Buyer to verify all measurements.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$969,000
$284 per sq ft
Beds and baths
6 beds, 6 baths
Size
3,416 sq ft
Time on market
46 days
Year built
1930
Monthly payment
About $6,276/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $8,854 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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