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$645,000

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.

5 Beds ⋅ 5 Baths ⋅ Sunny Ridge SubDv. ⋅ 34698 Zip Code

1301 N Lotus Drive, Dunedin

$392,500

Recently updated and move-in ready, this beautifully renovated home at 1355 Sage Dr in Dunedin features a long list of improvements inside and out, including an added bonus room that offers flexibility for a potential third bedroom, office, or additional living space. The interior showcases updated flooring, fresh interior paint, updated light fixtures and ceiling fans, and custom closets, along with a refreshed kitchen highlighted by updated appliances, painted cabinetry with updated hardware, a tile backsplash, and a new sink and faucet. The bathroom has been thoughtfully redesigned with a tile shower, tub, vanity, mirrors, and fixtures, while additional improvements include updated interior and exterior doors, new blinds, and updated AC ductwork for enhanced efficiency. Exterior updates include fresh paint, an upgraded irrigation system, and a repainted backyard shed for added storage. This turnkey property is ideally located in a desirable Dunedin area, close to top amenities, dining, and the Gulf beaches.

2 Beds ⋅ 2 Baths ⋅ Sunny Ridge SubDv. ⋅ 34698 Zip Code

1355 Sage Drive, Dunedin

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