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$900,000 Just Listed
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Property Description
Exceptional waterfront opportunity on one of Oldsmar's most desirable streets. Situated on a 75x205 (.33 acre) waterfront homesite overlooking beautiful Old Tampa Bay, this property presents a rare opportunity to create a custom luxury estate in an area experiencing significant redevelopment and impressive new construction. Currently utilized as a vacation rental, the home offers income producing potential while future plans take shape, though the true value lies in the land and its exceptional waterfront setting. For water enthusiasts, the lifestyle possibilities are endless. Launch a kayak or paddleboard from your backyard, enjoy boating and jet skiing on the Bay, or simply unwind while taking in panoramic water views and breathtaking sunset skies. With no HOA or deed restrictions, there is added flexibility and ample room for boat and RV parking. Ideally located approximately 20 minutes from Tampa International Airport and about 25 minutes to the Gulf beaches, the property is also just down the street from RE Olds Park and offers convenient access to pickleball, Mobbly Beach, Veterans Memorial Park, scenic biking and walking trails, dining, shopping, and everyday conveniences. Offering a unique blend of waterfront serenity and exceptional accessibility, this is a rare opportunity to create a one of a kind coastal retreat where the lifestyle is just as remarkable as the setting.
Full Property Details
Full Property Details for 506 Shore Dr E
General
- Price: $900,000
- Taxes: $9,894 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8509618
- Updated: 5/19/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Window Treatments
- Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Linoleum
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, In Garage
Exterior
- Exterior Features: None
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Covered, Driveway
Location
- Area: 34677 - Oldsmar
- County: Pinellas
- Development Name: 34677 - Oldsmar
- Subdivision: TAMPASHORES BAY SEC
- Driving Directions: Tampa Rd to Lafayette Blvd. Turn left onto Shore Dr E.
- Direction Faces: North
School Information
- Elementary School: Oldsmar Elementary-PN
- Middle School: Carwise Middle-PN
- High School: East Lake High-PN
Community
- Community Name: 34677 - Oldsmar
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: OLD TAMPA BAY
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,313
- Sq. Ft. Source: Public Records
- Year Built: 1955
Lot Features
- Property View: Water
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,375
- Lot Size: 14375
- Lot Dimensions: 75 x 205
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor
- Water Front Name: OLD TAMPA BAY
- Water Front Desc.: Bay/Harbor
Financial Considerations
- Tax Amount: $9,894.52
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: TAMPASHORES BAY SEC BLK 10, LOT 13 & LAND TO BAY (SEE S26-28-16)
- Flood Zone Info: VE
- APN: 252816894780100130
- Property ID: 252816894780100130
- Block/Lot/Section: 10
Listed by Westward Real Estate
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Schools
Schools serving 506 Shore Dr E
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Oldsmar Elementary School 302 Dartmouth Avenue, Oldsmar, FL 34677 | PK-5 | 1.3 mi |
East Lake High School 1300 Silver Eagle Drive, Tarpon Springs, FL 34688 | 9-12 | 7.8 mi |
Joseph L. Carwise Middle School 3301 Bentley Drive, Palm Harbor, FL 34684 | 6-8 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 Shore Dr E
Date
Details
Price
Change
Source
5/18/2026
Listed
$900,000
—
MLS
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 506 Shore Dr E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,895
-14%
$564,846
-19%
2024
$11,475
10%
$698,560
17%
2023
$10,402
42%
$596,409
44%
2021
$7,335
-9%
$413,929
-20%
2022
$8,057
10%
$516,909
46%
2021
$7,335
7%
$354,621
-1%
2019
$6,825
11%
$356,771
10%
2018
$6,166
4%
$324,337
1%
2017
$5,912
5%
$320,181
2%
2016
$5,622
11%
$312,600
19%
2015
$5,079
12%
$263,628
18%
2014
$4,516
-4%
$224,052
-2%
2013
$4,680
—
$229,539
—
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 506 Shore Dr E
506 Shore Drive E, Oldsmar, FL 34677 (MLS# TB8509618) is a Single Family property with 2 bedrooms and 2 full bathrooms. 506 Shore Drive E is currently listed for $900,000 and was received on May 18, 2026. Want to learn more about 506 Shore Drive E? Do you have questions about finding other Single Family real estate for sale in Oldsmar? You can browse all Oldsmar real estate or contact a Coldwell Banker agent to request more information.

