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534 CANAL WAY

Oldsmar, FL, 34677

Active Under Contract

$420,000

2

Bedrooms

2

Bathrooms

1,697 sqft

Living Area

2001

Year Built

4,591

Lot Size (sqft)

$70

HOA / Monthly

28

Days on Market

Dock & Water AccessMLS

Canal - Freshwater

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

Under contract-accepting backup offers. Lovely Waterfront Single Family Home in Gull-Aire Village—never flooded, came through Hurricane Helene completely dry. Current appraisal is in the attachments. 534 Canal Way features a slab foundation, block and stucco construction on a continuous footing. Built in 2001, it offers 1,873 heated sq. ft., 2,441 sq. ft. under roof, and an attached 483 sq. ft. two-car garage. It includes two bedrooms, office/3rd bedroom, two full baths, granite kitchen countertops, and built-in bookshelves in the master bedroom. Upgrades include a new A/C system (2026), 50 Gal hot water tank (2021 replacement windows and doors (2020), 22kW Generac Guardian Generator w/NG/LP 300 Gallon tank (2020), and a porch added in December 2020. The roof was installed in 2014. Outdoor Stairlift/Accessibility Lift (2024) Rain Bird Irrigation System. Full appliance details in the attachments. The backyard is a true highlight, featuring a lawn that slopes directly down to the water with no seawall, making it easy to launch a kayak, canoe, or small Jon boat. With no seawall to maintain or replace, upkeep is minimal. Please note: there is no dock or boat lift, making this ideal for paddlers and small craft. The home is adapted for easy living, complete with a powered chair lift from the driveway to the front door, step railings, assisted lifting rails in the bedroom, and a Kohler walk-in tub in the second bathroom. Gull-Aire Village is a deed-restricted 55+ community where you own the land, with an HOA fee of just $70/month. Amenities include a clubhouse, large heated pool, spa, sauna, library, enclosed shuffleboard, bocce, picnic area, art gallery, and resident-run activity groups. Oldsmar has designated this a golf cart-friendly community. One pet per home is permitted, and association approval is required prior to closing. Conveniently located under a mile from Woodlands Square (Bealls, Marshalls, Ulta, PetSmart, AMC Theatres, Craft Street Kitchen, Shaker and Peel, and Eve's Family Restaurant). Publix, Target, Walmart Neighborhood Market, and Mease Countryside Hospital are within two miles. A walking/biking trail along Canal Way leads to Sheffield Park. Honeymoon Island is approximately 9 miles away, and Tampa International Airport is about 15 miles out. Room dimensions are approximate and should be verified by buyer.

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Location

Oldsmar, FL, 34677

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of LIFES A BEACH REAL ESTATE via Stellar MLS

Last checked: 9 hours ago

Listing updated: October 10, 2026

© 2026 Stellar MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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FEMA Flood Zone AE
BFE: 11ft

Special Flood Hazard Area

View FEMA Flood Map →

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20%

$84,000 down

%
Principal & Interest$2,179/mo
Property Tax (est. ~1.2%, varies by county)$420/mo
Home Insurance (est.)$250/mo
HOA Fees$70/mo
Total Monthly Payment$2,919
Loan Amount: $336,000Rate: 6.75%
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$420,000Tour the dockSchedule a Showing