Under contract-accepting backup offers. Located in the desirable Baywood Village community of Palm Harbor, this 2-bedroom, 2-bath home with a 1-car garage offers great potential in a sought-after neighborhood known for its waterfront homes and access to the Intracoastal Waterway. Built in 1979, the home has been well maintained and features important updates already completed, including a new roof (2023), water heater (2023), and fresh interior paint. The AC system is approximately 10 years old. While much of the interior remains original and ready for cosmetic updating, the home has been thoughtfully priced to reflect the opportunity to modernize and build value. The efficient 1,044 square foot layout includes a comfortable living space with a wood-burning fireplace, adding warmth and character. A washer and dryer are included and conveniently located in the garage. One of the standout features of this property is the serene backyard setting. The home backs up to county-owned park land (public park/forest/recreation area), providing privacy, natural views, and no rear neighbors. Additionally, the home did not experience flooding during the 2024 storms, offering added peace of mind. Surrounded by higher-priced homes — many on the water — this property presents an excellent opportunity to enter Baywood Village at an attractive price point and make it your own. Ideal for a primary residence, seasonal home, or investment.