$925,000
SOLD FEB 26, 2025
8 Beds
4 Baths
3,136 Sq Ft
0.25 Acres

Recently Sold

$295 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Fenced
  • Ceramic Tile Flooring
  • Ceiling Fan
  • 3-minute walk to Dunedin Veterans Memorial Park

About This Home

As of February 2025

Opportunity Found!  Prime investment property in sought-after Dunedin. This beautiful 4-unit building offers exceptional appeal and is just blocks from the charming and eventful Downtown Dunedin. The units are all nicely sized with 2 bedrooms and 1 bath each. The kitchens feature white cabinetry, natural light, and an eating space. There are front-loading washers and dryers in each home, central AC units, ceiling fans, and flooring is either tile, LVP or carpet. Both upper and lower levels have desirable covered patio space at each door. The building is block construction and features a new roof installed in 2022 and an updated exterior paint.   The structure is on a large corner lot with numerous oak trees, flowering bushes, and a grassy fenced yard.  The grounds also provide plenty of off-street parking for tenants and guests, both cars and golf carts.     This building had no damages from the recent storms and is not in a flood zone where lenders require flood insurance.  The building has been professionally managed and is fully occupied by long-term tenants who pay for electric service, water, sewer, and internet bills.  The landlord pays for trash dumpster,  exterior lighting, and grounds care.  The building is turn-key ready for the next investor to collect income from day 1. yet, it also could be a value-add opportunity for a savvy investor to modernize the units to maximize income. Location, location!  Golf cart zoned for a quick ride to Main Street for dinner, the frequent festivals, or to one of the many breweries in Dunedin.   Residents are next to the action for The Toronto Blue Jays' Spring Training games.   Residents have nearby access to one of the best areas of the Pinellas Trail for biking or walking, and it's a quick walk to the water and the Dunedin Marina. This property is just down the street from Curtis Fundamental School and the Dunedin Library.  This income-producing property has produced a consistent income with a very low vacancy rate for many years.  Additional financial info is available.  Please do not approach the building without an appointment in consideration of the residents.   Hurry and contact us today to act on this one! Desirable, income-producing investments like this building are rarely available in Dunedin.

Last Agent to Sell the Property

Nancy Maminski

BIRCH REAL ESTATE SERVICES LLC Brokerage Phone: 727-265-3144 License #3446943 Listed on: 02/06/2025

Co-Listed By

John Birch

BIRCH REAL ESTATE SERVICES LLC Brokerage Phone: 727-265-3144 License #3208687

Last Buyer's Agent

John Brokalakis

FUTURE HOME REALTY License #3073425

FUTURE HOME REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,688

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 104x107
  • Fenced

Home Design

  • Quadruplex
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,136 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector
  • Range

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Schools

  • San Jose Elementary School
  • Dunedin Highland Middle School
  • Dunedin High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,472 Sq Ft Building
  • Rillings Sub G F Subdivision

Building Details

  • 4 Separate Water Meters
  • Gross Income $65,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,688

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3136
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 3472
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 111089
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: Northwest corner of Beltrees and Highland.
  • Status: Sold
  • Co List Office Mls Id: MFR285514033
  • Co List Office Phone: 727-265-3144
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Palm Harbor
  • Escrow Postal Code: 34683
  • Escrow State: FL
  • Escrow Street Name: Alt 19
  • Escrow Street Number: 2130-A
  • List Office Head Office Key Nume: 163640638
  • RATIO Current Price By Calculate: 294.96
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 727-265-3144
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Electric Water Heater, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 460
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 291.34

Exterior Features

  • Exterior Features: Fence, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet,Water

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: San Jose Elementary-PN
  • High School: Dunedin High-PN
  • Middle Or Junior School: Dunedin Highland Middle-PN

Lot Info

  • Parcel Number: 34-28-15-75438-000-0090
  • Additional Parcels: No
  • Lot Dimensions: 104x107
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 10321

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 66000

Multi Family

  • Gross Income: 65880
  • Number Of Units Total: 4
  • Number Of Separate Water Meters: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 10687.98
  • Tax Block: 0000
  • Tax Book Number: 3-35
  • Tax Lot: 10

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $925,000 0.0% $295 / Sq Ft
02/08/2025 02/08/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $925,000 -- $295 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8336826

Stellar MLS