1218 Gillespie Dr N, Palm Harbor, FL 34684

One or more photo(s) has been virtually staged. Currently leased. This property presents an opportunity for investors to secure an income producing property in the highly desirable Highland Lakes community. This solid block 2-bedroom, 2-bath home presents an excellent opportunity for investors or buyers looking to renovate and add value. With a functional layout, oversized two-car garage, and enclosed front and rear patios, the property offers flexible space and strong potential for customization. The home sits high and dry outside the flood zone, and the seller is offering a one-year home warranty to cover major systems and appliances—providing added peace of mind during the renovation process. Inside, the home features an open-concept living and family room filled with natural light, two full bathrooms, and a primary suite with a walk-in closet. The enclosed patios add usable square footage, ideal for hobby space, home office use, or future upgrades to expand the living area. Just a short walk from the main clubhouse, the property gives access to a wide range of amenities that support long-term rental appeal or future resale value. Residents enjoy free golf on three well-maintained executive courses, two heated pools, tennis and pickleball courts, shuffleboard, and a full calendar of social events, clubs, and classes. The arts and crafts center includes studios, instructional space, and a fully equipped woodshop, while the Lake Tarpon Lodge provides a scenic retreat with a second heated pool, picnic areas, a fishing pier, and community pontoon boats. Free, secure RV and boat storage adds to the lifestyle flexibility. Set in the heart of Palm Harbor, Highland Lakes offers convenience to top-rated beaches, restaurants, shopping centers, and medical facilities, with quick access to US-19 and Tampa Road for easy commutes to Dunedin, Clearwater, Tampa, and St. Petersburg. Whether you're looking to renovate and flip, create a long-term rental, or secure a personal residence with future upside, this property offers a compelling opportunity in one of Pinellas County’s most established and active 55+ communities.