Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    303 Morningside Dr Palm Harbor, FL 34683

    Sponsored
    For Sale
    $599,000

    Land - PALM HARBOR, FL

    Lot size:
    0.16 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 26 at 7:06 am

    Property Features for 303 Morningside Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3
    APN
    23-27-15-05814-000-1080
    Exterior features
    Dock
    Dock
    1
    Lot size
    0.16 Acres

    Utilities

    Water front features
    Canal - Saltwater, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Daniil Bryskin

    LoKation Real Estate (954) 545-5583

    Listing agent Daniil Bryskin (954) 545-5583 License #3497199

    Listing date Jan 25, 2026

    MLS# A4679780 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Waterfront Lot Ready to Build

    This build-ready saltwater waterfront lot presents a rare opportunity for boating and golf enthusiasts. Located approximately 2000 feet from Saint Joseph Sound and the Intercostal Waterway, the property offers sailboat access to the Gulf without bridges. The site is also situated approximately 2 miles from the Golf Institute at Innisbrook. Anglers can enjoy snook and tarpon fishing from the dock, while boaters can cruise to nearby destinations such as Honeymoon Island, Three Rooker Sandbar, and Caladesi Island. The location is convenient to A-rated schools, dining and shopping options, state parks, and biking trails. It is also approximately 2 miles from the Leepa-Rattner Museum of Art and St. Petersburg College, and approximately 22 miles from Tampa International Airport. The Pinellas Trail, a 47-mile scenic paved path from St. Pete to Tarpon Springs, is also nearby. The previous home has been professionally demolished, leaving a clean, cleared parcel ready for immediate construction. An existing boat lift is in place for waterfront enjoyment. Building plans for a luxury estate are completed, and a local builder is ready to start construction, offering buyers the option for a seamless start. The lot size is 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.774889
    Latitude
    28.121085

    Nearby Similar for Sale

    • $450,000
      1,175 SF

      Palm Harbor Office For Sale

      Office unit with great location and ample parking available now.
      3830 Tampa Rd, Palm Harbor, FL 34684
      View Details
    • $1,825,000
      5,750 SF

      Palm Harbor Retail Stripcenter Opportunity

      Retail stripcenter in the heart of Palm Harbor, Florida.
      1454-1470 Alt 19, Palm Harbor, FL 34683
      View Details
    • $1,500,000
      8,100 SF

      Palm Harbor Automotive Business Opportunity

      Established automotive center for sale in Palm Harbor, Florida.
      1010 Alt 19, Palm Harbor, FL 34683
      View Details
    • $790,000

      Retail Strip Center Investment Opportunity

      Retail strip center in Palm Harbor with long-term leases.
      1480 Alt 19, Palm Harbor, FL 34683
      View Details
    • Contact for pricing
      4,458 SF

      Palm Harbor Office Building

      Office building in Palm Harbor, Florida, built in 2003.
      3535 Palm Hbr Blvd, Palm Harbor, FL
      View Details
    • $449,900

      Palm Harbor Multifamily Opportunity

      Multifamily property for sale in Palm Harbor, Florida.
      504 Driftwood Dr E, Palm Harbor, FL 34683
      View Details
    • $1,250,000
      3,692 SF

      US-19 Medical Office Building

      Palm Harbor Medical Office: Move-in Ready
      31581 Us Highway 19, Palm Harbor, FL 34684
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Cleared waterfront lot with existing boat lift in Palm Harbor.
    Where is this residential land & home lot located?
    The property is located at 303 Morningside Dr Palm Harbor, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Build-ready saltwater waterfront lot with sailboat access to the Gulf of Mexico (no bridges).; - Existing boat lift for immediate waterfront enjoyment.; - Cleared parcel ready for construction with completed building plans for a luxury estate available.
    (954) 545-5583
    Request Owner's contact information
    303 Morningside Dr Palm Harbor, FL 34683
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    303 Morningside Dr
    Palm Harbor, FL 34683
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    303 Morningside Dr Palm Harbor, FL 34683
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Daniil Bryskin
    Real Estate License ID: 3497199
    (954) 545-5583
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.