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$679,000 Just Listed
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Property Description
Welcome to 2005 Palm Key Avenue, a standout builder model waterfront townhome offering 4 bedrooms, 3 full bathrooms, and a 2-car garage in the highly desirable, gated Bayside Terrace community. This home delivers the ultimate "lock-and-leave" lifestyle with an HOA that covers cable, internet, water, trash, roof replacement, exterior maintenance, landscaping, and secure gated entry-making electricity the only separate utility expense. One of the most impressive features of this home is its rare oversized waterfront setting. Natural light pours into the home, and the scenery becomes part of the everyday experience-enjoying beautiful bay and conservation views from the kitchen, dining area, living space, and the owner's suite. The interior feels open and inviting thanks to soaring ceilings and a spacious, flowing floor plan designed for both comfort and entertaining. At the heart of the home is the upgraded kitchen, thoughtfully designed with an oversized island with seating, a stylish built-in beverage/coffee bar with glass-front cabinetry, and a large walk-in pantry-perfect for hosting, meal prep, and staying organized. Upstairs, the waterfront primary suite offers a peaceful escape with tranquil views and a spa-like bathroom featuring a soaking tub, separate shower, dual sinks, and a fully customized walk-in closet with built-ins. Two additional bedrooms are located upstairs along with a generously sized bonus room that can easily function as a media lounge, playroom, home gym, or game room. You'll also love the convenience of the oversized upstairs laundry room, complete with custom built-ins and glass-front cabinetry, located just steps from the primary suite. Downstairs, an additional bedroom provides flexibility and can easily serve as a guest room or dedicated home office. Outside, relax and unwind in the screened lanai, where waterfront views set the stage for quiet mornings and stunning sunsets. Bayside Terrace residents enjoy an impressive lineup of resort-style amenities, including an infinity-edge pool overlooking Old Tampa Bay, fitness center, grilling stations, fire pit, kayak launch and storage, and a waterfront pier ideal for fishing or simply taking in the scenery. Perfectly positioned in the heart of Tampa Bay, this home is just minutes from downtown Oldsmar, about 10 minutes to Safety Harbor, 20 minutes to Honeymoon Island and Dunedin, 25 minutes to Tampa International Airport, and approximately 30 minutes to Clearwater Beach. This is a rare opportunity to own a waterfront townhome that combines luxury, location, and low-maintenance living-and as an added bonus, the current flood insurance policy may be transferable to the new owner.
Full Property Details
Full Property Details for 2005 Palm Key Ave
General
- Price: $679,000
- HOA FEE: $580/month
- Taxes: $10,196 (2024)
- Status: Active
- Type: Townhouse
- Source: MidFloridaRegionalMLS
- MLS ID: GC536684
- Updated: Today (1/16/2026)
- Added to Site: Today
Rental Information
- Min. Lease: 1 Week
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Engineered Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Fire Pit, Outdoor Grill
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34677 - Oldsmar
- County: Pinellas
- Development Name: 34677 - Oldsmar
- Subdivision: BAYSIDE TERRACE
- Driving Directions: Racetrack rd to Forest Lakes Blvd right onto 580 right onto Palm Key Blvd
- Direction Faces: Northwest
School Information
- Elementary School: Curlew Creek Elementary-PN
- High School: East Lake High-PN
Community
- Community Name: 34677 - Oldsmar
- Community Features: Fitness Center, Pool
- Association: Yes
- Assoc. Name: James Grant
- Assoc. Fees Include: Cable TV, Community Pool, Internet, Sewer, Trash, Water
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Water Connected
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 2,587
- Sq. Ft. Source: Public Records
- Year Built: 2018
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,361
- Lot Size: 2361
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $580
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $10,196.95
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BAYSIDE TERRACE LOT 9
- Flood Zone Info: AE
- APN: 222816051520000090
- Property ID: 222816051520000090
- Block/Lot/Section: 9
Listed by Momentum Realty - Gainesville
Get Pre-Approved Today
Schools
Schools serving 2005 Palm Key Ave
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Oldsmar Elementary School 302 Dartmouth Avenue, Oldsmar, FL 34677 | PK-5 | 1 mi |
East Lake High School 1300 Silver Eagle Drive, Tarpon Springs, FL 34688 | 9-12 | 6.5 mi |
Joseph L. Carwise Middle School 3301 Bentley Drive, Palm Harbor, FL 34684 | 6-8 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2005 Palm Key Ave
Date
Details
Price
Change
Source
1/16/2026
Listed
$679,000
15.28%
MLS
7/29/2019
Sold
$589,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2005 Palm Key Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,135
-1%
$578,570
-3%
2024
$10,197
4%
$595,857
2%
2023
$9,822
10%
$583,510
11%
2022
$8,961
7%
$525,907
15%
2021
$8,412
—
$456,739
8%
2021
$8,412
22%
$424,738
16%
2019
$6,890
1424%
$365,465
1436%
2018
$452
—
$23,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2005 Palm Key Ave
2005 Palm Key Avenue, Oldsmar, FL 34677 (MLS# GC536684) is a Townhouse property with 4 bedrooms and 3 full bathrooms. 2005 Palm Key Avenue is currently listed for $679,000 and was received on January 16, 2026. Want to learn more about 2005 Palm Key Avenue? Do you have questions about finding other Townhouse real estate for sale in Oldsmar? You can browse all Oldsmar real estate or contact a Coldwell Banker agent to request more information.

