DUNEDIN, FL 34698

Property

Ownership: Fee Simple
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 5
Pets: Pets Allowed
Lot Size: 0.2 Acres

Financials

Price:$699,900
Annual Taxes:$8,801
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of DUNEDIN REALTY LLC

This exceptional 4 Plex investment opportunity is located in the heart of Dunedin.

Description

This exceptional 4-Plex investment opportunity is located in the heart of Dunedin. It offers immediate income, strong location appeal, and multiple avenues for income growth. The property delivers stable cash flow (7% Cap Rate) with clear potential to enhance returns by optimizing rents to market levels, capitalizing on short-term rental zoning (Airbnb/VRBO), or leveraging an owner-occupant income strategy. Positioned just minutes from downtown, this asset is not located in a flood zone, helping reduce insurance costs and risk. The property offers 2,550 SF (3,280 SF under roof) with a balanced unit mix of (3) 1BR/1BA and (1) 2BR/2BA, each with private entrances, outdoor patio space, and two dedicated parking spaces, features that drive strong tenant demand and short-term rental appeal. The recently renovated 2BR/2BA unit offers flexibility as a flagship short-term rental unit or an ideal owner-occupant residence. Low operating expenses and tenant-reimbursed utilities create an efficient ownership profile, while below-market rents provide a clear path to increased income over time. 4-Point and Wind Mitigation inspections were completed in March, with clean reports available reinforcing the property’s insurability, finance ability, and turnkey investment profile. Located near downtown Dunedin, the Pinellas Trail, waterfront parks, marina, beaches, and a vibrant mix of dining, breweries, and year-round events, the property benefits from consistent demand drivers supporting both long-term and short-term rental performance. This is a rare opportunity to acquire a well-maintained, income-producing asset with built-in upside in one of Tampa Bay’s most desirable coastal submarkets. Opportunities combining in-place income, Short Term Rental flexibility, and non-flood zone positioning in Dunedin are increasingly limited.

Amenities

  • Cable Connected
  • Ceiling Fans(S)
  • City Limits
  • Corner Lot
  • Double Pane Windows
  • Electricity Connected
  • Fence
  • Garden
  • Hurricane Shutters
  • Landscaped
  • Laundry
  • Lighting
  • Near Public Transit
  • Paved
  • Private Entrance
  • Range
  • Refrigerator
  • Sewer Connected
  • Sliding Doors
  • Storage
  • Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.