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.
Gull Aire Village, located between Tampa Road and the Upper Tampa Bay shoreline, is a waterfront and residential Oldsmar neighborhood with canal-lined streets and a marina-minded feel. The neighborhood’s character concentrates around the Gull Aire Boulevard entrance near Tampa Road, where boat ramps, bait-and-tackle errands, and golf-cart cruising set the daily rhythm. Low-slung manufactured homes and compact cottages sit beside seawalls, docks, and palms, giving the streetscape a distinctly coastal, lived-in look. Mobbly Bayou Wilderness Preserve frames the edge with boardwalks and mangrove views. Oldsmar Historical Society & Museum and RE Olds Park add local context beyond the water. Evenings often track the tide and the sky over Upper Tampa Bay.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Open floorplan
Stone counters
Thermostat
Walk-in closet
Window treatments
Energy Star-qualified windows
Accessible bedroom
Accessible entrance
Grip-accessible features
Bedrooms
2 bedrooms
Bathrooms
2 full bathrooms
Kitchen
Convection oven
Dishwasher
Garbage disposal
Freezer
Microwave
Refrigerator
Laundry & utility
Laundry room
Washer
Dryer
Electric water heater
Flooring
Ceramic tile
Laminate
Heating & cooling
Central electric heating
Central air conditioning
Exterior features
Awning
Rain gutters
Canal waterfront
Canal views
Freshwater canal access
East-facing
Home design
Single-family residence
One-story
Parking
Attached 2-car garage
Construction
Block construction
Shingle roof
Slab foundation
Utilities
Public water
Public sewer
Cable available
Electricity connected
Phone available
HOA & community
Required HOA with a $70 monthly fee
HOA fee includes pool, recreational facilities, management, common area taxes, and escrow reserves
Community amenities include a clubhouse, fitness center, golf, pool, and sidewalks
Association amenities include a sauna, shuffleboard court, and storage
Senior community
Golf carts permitted
Deed restrictions
Pet number limits apply
Electricity and solar
View estimated energy costs and solar savings for this home
Residential Mobile Home, Parks And Subdivision District
The residential mobile home district is established to provide moderate density, single-family residential areas comprised of mobile home structures. Utilization of contemporary design practice is required and developers shall avoid the monotony of obsolete rectilinear or herringbone patterns.; The R-6, residential mobile home district shall provide for appropriate development of lands that are designated in the comprehensive plan as residential urban.
Permitted uses
Include but are not limited to:
Housing-Mobile home park
Apr 16, 2026 • Final
Express building
HVAC
Jan 17, 2024 • Final
Building combo
Remove a section of the wall to install a new window.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 27 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Oldsmar, FL • 34677
Average low and high temperatures (°F)
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88
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84
67
79
60
73
54
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
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Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.4 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 534 Canal Way
$410,184
$9,816 under list price of $420K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $340K to $612K.