551 Omaha Street

Virtually Staged. Incredible opportunity awaits in Palm Harbor with this fully turnkey, six-bedroom, five-bath multi-residence estate. Complete with a NEW roof, sparkling pool, relaxing spa, and your own private putt-putt green right in the backyard! Perfectly suited for a short-term rental, multigenerational retreat, or a rare income-producing compound, this property offers flexibility that is hard to find. Situated on an oversized lot, there is parking and access both from Omaha Steet and Ohio Ave (10+ parking spaces!) as well as zoning for future redevelopment for two dwellings. Step inside the main home to discover a welcoming eat-in kitchen, expansive double living room, and a charming staircase leading to the second floor. Upstairs, you will find enough beds to sleep eight, and two full bathrooms providing comfort and privacy for family or guests. The main home offers beautiful pool views with patio/spa access through the living area French doors. The additional detached structure offers exceptional versatility. Downstairs includes a large theater/media room, a pool bathroom and a private bedroom/bathroom—ideal for entertainment or guest quarters. Upstairs, there is a full-size kitchen, comfortable living area and two additional bedrooms making this self-contained space ideal for rentals or extended family. The resort-style backyard is designed for relaxation and fun, offering a shady hammock retreat, a space for practicing your swing, and an expansive paver deck perfect for soaking up the sun! Located in a golf-cart-friendly community, just minutes from vibrant downtown Palm Harbor and the award-winning shores of Honeymoon Island Beach, this property combines old world charm, coastal convenience and exceptional income potential. Opportunities like this rarely come to market—a true retreat in one of Tampa Bay’s most desirable areas, with NO FLOOD insurance required. ALL furnishings included with a full price offer. Buyer to verify all measurements.