This listing is NOT a foreclosure. This exceptional 4-Plex investment opportunity is located in the heart of Dunedin. It offers immediate icome, strong location appeal, and multiple avenues for income growth. The property delivers stable cash flow 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 repo
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rts available reinforcing the propertys insurability, financeability, 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 Bays most desirable coastal submarkets. Opportunities combining in-place income, ShortTermRental flexibility, and non-flood zone positioning in Dunedin are increasingly limited.This MLS Resale home is a multi family property located in DUNEDIN. It offers 0.21 acres in size, 5 beds and 3 baths. Review its detailed information and determine if this DUNEDIN MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID1071772147
Parcel Number26-28-15-86976-001-0010
CountyPinellas
Bedrooms5
Bathrooms3.0
Living Area (sqft)2,549
Price/sqft$298
Year Built01/01/1959
Property TypeMulti-family (5 or more units)
Lot Size0.21 acres
Stories1
Total Units2
HeatingYes
CoolingYes
Roof TypeOther
Style25
Construction TypeMasonry
Exterior WallsBrick
Legal DescriptionSUNNY RIDGE BLK 1, LOT 1
Property Brokerage:
DUNEDIN REALTY LLC