3518 Blossom Lake Dr, Holiday, FL 34691

Opportunity Knocks: Affordable 3-Bedroom Home in Holiday, FL with Renovation Potential!

Asking Price: $184,900

Step into the vibrant Holiday, Florida market with this appealing 3-bedroom, 1-bathroom single-family home located at 3518 Blossom Lake Dr, Holiday, FL 34691. Built in 1969, this 1,323 sqft residence offers a fantastic value proposition with an estimated refinance payment of $1,494/mo. This home is situated on a 5,096 sqft (approx. 0.12-acre) lot and offers a chance to personalize your living space in a dynamic Gulf Coast community.

Key Features:

• Attractive Price Point: At $184,900, this property is significantly below the current median sold price for 3-bedroom homes in Holiday ($262,700 in May 2025) and in the 34691 zip code ($285,000 in May 2025). This makes it a compelling option for those seeking affordability in the region.
• Spacious for its Price: With 1,323 sqft and 3 bedrooms, this home provides more living space than many similarly priced properties, especially those with only one bathroom.
• Established Construction: Built in 1969, this concrete/stucco home has a solid foundation. Property records indicate features like central air and tile/carpet flooring.
• Holiday Market Dynamics (34691 Zip Code):
  • Seller’s Market (Overall): Holiday and the 34691 zip code are currently a “Seller’s Market,” meaning there’s generally high demand and homes can sell quickly.
  • Price Adjustments for 3-Bedrooms: While the overall median sold price in 34691 decreased by 4.4% year-over-year to $239,000 in May 2025, and Holiday overall saw a slight increase of 0.2%, the median price for 3-bedroom homes in the 34691 zip code specifically decreased by 1.5% year-over-year to $285,000. For Holiday city-wide, 3-bedroom homes saw a -2.7% decrease. This indicates a potential softening in this specific segment, which could be favorable for buyers.
  • Negotiation Potential: Despite the seller’s market, 45% of homes in 34691 sold below asking price last month, and 50% in Holiday overall. This suggests that buyers may still find room for negotiation, especially on properties that require updates.
  • Days on Market: Homes in 34691 had an average listing age of 71 days in May 2025, which is up significantly from a year ago (38 days). This longer time on market might give buyers more time to consider offers.
• No HOA Fees: This property does not appear to have HOA fees, offering potential savings on monthly expenses.
• Proximity to Amenities and Nature: Holiday is located in Pasco County, on Florida’s Gulf Coast, offering a blend of suburban living and natural beauty:
  • Parks & Recreation: Enjoy numerous local parks like Key Vista Nature Park and Anclote River Park, offering waterfront access, hiking trails, and wildlife observation. SunWest Park provides a large swimming area and an inflatable water park.
  • Coastal Access: A short drive to the beautiful Gulf beaches, including those near Tarpon Springs, Clearwater, and Honeymoon Island, offering opportunities for swimming, fishing, boating, and dolphin cruises.
  • Cultural Attractions: Explore nearby Tarpon Springs’ historic Greektown, known for its sponge diving industry, authentic Greek restaurants, and charming shops.
  • Shopping & Dining: Access to local shopping centers like Gulf View Square Mall and a variety of dining options.
  • Connectivity: Convenient access to major roadways for commuting to Tampa, Clearwater, and St. Petersburg.

Important Considerations:

• Renovation & Updates: Built in 1969 and with only one bathroom, this home will almost certainly require updates and renovations to modernize the interior and potentially add a second bathroom to increase its value and appeal. This presents an excellent opportunity for buyers to customize the home to their taste.
• School Ratings: The assigned public schools for this address (Gulfside Elementary, Paul R. Smith Middle, and Anclote High) generally have lower GreatSchools ratings (2/10 and 3/10). Families prioritizing highly-rated public schools may want to explore private school options or other areas.
• Property Taxes: Recent tax history for 3518 Blossom Lake Dr shows 2024 property taxes at $3,042 on an assessed value of $206,190. Buyers should be aware of these costs.

This property at 3518 Blossom Lake Dr offers a fantastic opportunity to acquire an affordable 3-bedroom home in a desirable Holiday, FL location. Its price point, combined with the potential for personalization and access to the area’s amenities and natural attractions, makes it an excellent choice for a first-time homebuyer or an investor.

Priced at $184,900 – seize this chance to create your dream home in Florida! Schedule your private showing today.