$2,099,000
Original: $2,285,000 ▼ Price reduced

507 DRIFTWOOD DR E, Palm Harbor, FL 34683

Active
4
Beds
3
Baths
2,720
Sq Ft
$771
Per Sq Ft
2005
Built
73
Days Listed

About This Property

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.

Property Details

TypeSingle Family Residence
Garage4 spaces
Lot0.17 ac
Stories4
PoolYes
WaterfrontYes
SubdivisionBAYWOOD VILLAGE
HOANo
Tax/yr$11,864
HeatingCentral
CoolingCentral Air
FlooringCarpet, Tile, Wood
RoofTile

Listed by COLDWELL BANKER REALTY · MLS# TB8494743

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-19.
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.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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