501 Washington Ave, Oldsmar, FL 34677

Charming 1925 Historic Home with Expansion Potential, 501 Washington Ave, Oldsmar, FL 34677. Step into a rare piece of Oldsmar history. Built in 1925, this distinctive Mediterranean-inspired residence is one of the cities oldest surviving homes full of character, solid construction, and timeless curb appeal. Soft pink stucco, classic arched entry with white columns, red-tile roof accents, and awnings create an inviting street presence that stands out in the neighborhood. Mature palms, lush lawn, and a welcoming front walk complete the picture. Just under 1,400 square feet, the home is configured as a comfortable 2-bedroom, 1-bath residence that can easily function as a flexible 3-bedroom layout. A brand-new roof has just been installed, giving the next owner peace of mind for years to come. The property sits on one lot, with two additional adjacent lots the spacious backyard area you see is also available. All three lots are zoned multifamily, opening the door to a wide range of possibilities, whether you want extra privacy and outdoor space, a future duplex or small multifamily project, or simply to control the surrounding land. The home itself is offered at $465,000; each additional lot is $185,000. This is an owner-held property with a personal story: purchased in 1984, lived in until 2001, carefully rented to only a handful of tenants over the years, and recently recovered through foreclosure after a 2023 sale. The seller is open to financing for the right buyer, an option that can meaningfully reduce cash requirements and closing complexity. This is a private offering of a true Oldsmar classic with genuine expansion upside in a desirable location. Serious inquiries welcome.