NOT LISTED FOR SALE

662 Union St Dunedin, FL 34698

-- Bed
4 Baths
4,056 Sq Ft
0.31 Acres

Last Sold January 25, 2021

Last sale price $590,900 $146 Per Sq Ft

10 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Balcony
  • Dunedin Highland Middle School Rated 9+
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of January 2021

Capitalize on the surge of inhabitants moving to Florida with this great opportunity to own an income producing 4-Plex in Dunedin! The 4-Plex is fully occupied! 2 of the tenants are long term, one of which has lived on site for 17 years. The building is well-maintained (roof is 3 years old and all 4 HVAC units are just 2 years old) and can be updated if desired. The building contains a laundry room. The coin operated washer and dryer produce approximately $1,500 in revenue annually and convey with the sale. The current owner has increased rents conservatively over the years. There is potential for additional revenue through increase rents, which are currently under market rates. There is a small pond on the back of the property. The lot is large enough to consider a pool. The property is a short 1.5 miles from downtown Dunedin. Great potential to remodel/update!

Last Agent to Sell the Property

Christopher Bills

REALEAN EVOLVE REAL ESTATE License #3474833 Listed on: 10/31/2020

Last Buyer's Agent

Terry Connors

THE SHOP REAL ESTATE CO. License #3323771

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,432

Year Built

  • Built in 1958

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 85x133
  • Home fronts a pond
  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,056 Sq Ft Home
  • Ceramic Tile Flooring
  • Water Views
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 74 / 21060
  • Assessor Parcel Number 34-28-15-21060-000-0740

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 4,866 Sq Ft Building
  • Gross Income $43,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,432

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Water View: Yes
  • Construction Materials: Brick
  • Living Area: 4056.00
  • Lot Size Acres: 0.31
  • Year Built: 1958
  • Building Area Total: 4866.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8103312?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8103312?w=Customer
  • Lot Size Sq Ft: 13512
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Building Search Sq Meters: 452.07
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Living Area Meters: 376.81

Exterior Features

  • Additional Water Information: There is a small pond/lake that the property abuts.
  • Waterfront Feet Pond: 85
  • Water Access: Pond
  • Exterior Features: Balcony, Lighting
  • Roof: Shingle
  • Water View: Pond
  • Flood Zone Code: X
  • Water Access: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water - Multiple Meters, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Waterfront Frontage: 85

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Parcel Number: 34-28-15-21060-000-0740
  • Lot Features: In City Limits, In County, Level/Flat, Sidewalk, Street Paved
  • Lot Dimensions: 85x133
  • Lot Size Square Meters: 1255

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Total Actual Rent: 3540

Multi Family

  • Annual Expenses: 10115
  • Total Monthly Expenses: 843
  • Total Num Buildings: 1
  • Unit Count: 3
  • Gross Income: 43920
  • Number Of Units Total: 4
  • Waterfront Features: Pond

Tax Info

  • Tax Annual Amount: 4432.18
  • Tax Block: 21060
  • Tax Book Number: 49-66
  • Tax Lot: 74

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $590,900 -1.5% $146 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $599,900 -- $148 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,471 $700,000 $276,026 $423,974
2024 $9,506 $640,000 $270,838 $369,162
2023 $9,506 $549,000 $241,059 $307,941
2022 $8,644 $490,000 $247,334 $242,666
2021 $5,277 $373,000 $0 $0
2020 $5,126 $379,257 $0 $0
2019 $4,432 $301,605 $0 $0
2018 $4,092 $277,258 $0 $0
2017 $3,679 $235,625 $0 $0
2016 $2,904 $147,420 $0 $0
2015 $3,006 $149,147 $0 $0
2014 $2,973 $149,829 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8103312

Stellar MLS