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2-Unit Furnished Duplex
New
For Sale
$650,000

415 MAPLE Way, Safety Harbor, FL 34695

Residential Income, SAFETY HARBOR, FL

Property Size1,844 SF
Lot Size0.15 Acres
Price / SF$352.49
Days on Market3

Property Features for 415 MAPLE Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 5, Family Room, Bedroom 6, Bedroom 3, Bedroom 1
Window features Window Treatments
Pets allowed Dogs OK, Cats OK
Interior features Kitchen/Family Room Combo, Solid Surface Counters, Window Treatments
Exterior features Fence
Fencing Fenced
Appliances Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Subdivision YOUNGBLOODS J J ADD
Elementary school Safety Harbor Elementary-PN
Middle school Safety Harbor Middle-PN
High school Countryside High-PN
Directions From Downtown Safety Harbor go to 9th Ave to MLK turn west to Maple Way property is on left.
Standard status Active
APN 04-29-16-99630-002-0150
Size 1,844 SF
Lot size 0.15 Acres

Additional Details

Individually Metered Utilities water, sewer

Taxes and HOA fees

Tax Year 2025
Tax Description YOUNGBLOOD'S, J.J. ADD BLK 2, LOT 15 LESS E 30FT FOR RD R/W PER O.R. 3233/ 747 TOGETHER WITH E 30FT OF VAC GRACE ST ADJ ON W
Tax Annual Amount 5016
Legal Description YOUNGBLOOD'S, J.J. ADD BLK 2, LOT 15 LESS E 30FT FOR RD R/W PER O.R. 3233/ 747 TOGETHER WITH E 30FT OF VAC GRACE ST ADJ ON W

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

washer/dryer
private fenced backyard
designated parking

Building Details

Year built 1970
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Block, Stucco
Roof type Shingle
Buildings 1
Listing Agency: REAL ESTATE FIRM OF FLORIDA, LLC · RE/MAX International
Listed By: Andrea Straub · License #3073847
Added: Nov 3 Changed: Nov 5 Last Checked: Nov 5 at 10:06PM
MLS# TB8564138

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.

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Investment Insights

Based on property information with market context.

This 1,844-square-foot duplex contains two residences of approximately 922 square feet each, with three bedrooms and one bathroom per unit. The concrete-block property was extensively remodeled, with updated kitchens and bathrooms, new flooring, lighting, interior doors, and other finishes. Both units have central air conditioning, dishwashers, and stackable washers and dryers, and the sale includes furnishings and household items. Each residence has separate utility services, including water and sewer. One unit opens to a fenced backyard; the other has a front yard. Designated parking is in front of the building.

The property is zoned R-3 (Conditional Mixed Residential) and is described as outside a flood zone. Downtown Safety Harbor, waterfront trails, parks, and the marina are within walking distance. The listing also notes a 20-minute drive to Clearwater Beach and a 30-minute drive to Tampa International Airport.

Key Highlights

  • Two residences of approximately 922 square feet each, with 3 bedrooms and 1 bathroom per unit
  • 1,844‑square‑foot duplex on a 0.15‑acre lot
  • R‑3 (Conditional Mixed Residential) zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,524
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,480 $430.5K
Cap Rate 7%
$307,486 $307.5K
Cap Rate 9%
$239,156 $239.2K
Market Conditions
NOI Build-Up for 1,844 SF
Gross rent
$33.0K $17.88/SF
− Vacancy
−$2.2K −$1.21/SF
EGI
$30.7K $16.67/SF
− OpEx
−$9.2K −$5.00/SF
NOI
$21.5K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,480
Cap Rate 7%
$307,486
Cap Rate 9%
$239,156

Alternative Uses

Best Use
Multifamily LT 5
$307.5K
$269.1K – $358.7K (±1% cap)
NOI $21,524 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.7K (±1% cap)
NOI $16,959 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$479.6K
$419.7K – $559.6K (±1% cap)
NOI $33,575 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,027
Businesses Nearby

Demographics for 34695, FL

17,927
Population
8,025
Households
2.2
Avg Household Size
52
Median Age
46%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
3,201
Density / Sq Mi
$96,138
Median Household Income
$53,436
Median Earnings
$1,680
Median Rent
$418,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have independent utilities, updated interiors, and furnishings included in the sale.
Where is this duplex located?
The property is located at 415 MAPLE Way Safety Harbor, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two residences of approximately 922 square feet each, with 3 bedrooms and 1 bathroom per unit; 1,844‑square‑foot duplex on a 0.15‑acre lot; R‑3 (Conditional Mixed Residential) zoning
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