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Patsy DiGiacomo

ptcomo@patcomofloridarealestate.com +1(917) 417-0681

$ 729,000

Est. payment | -/mo

5 Beds

5 Baths

2,549 SqFt

Save Virtual Tour

$ 729,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

5 Baths

2,549 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,549 sqft

Price per Sqft $285

Subdivision Sunny Ridge

MLS Listing ID TB8470910

Bedrooms 5

Construction Status Completed

HOA Y/N No

Year Built 1959

Annual Tax Amount $8,801

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 79x120

Property Sub-Type Quadruplex

Source Stellar MLS

Property 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 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, 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 Bay's most desirable coastal submarkets. Opportunities combining in-place income, ShortTermRental flexibility, and non-flood zone positioning in Dunedin are increasingly limited.

Location

State FL

County Pinellas

Community Sunny Ridge

Area 34698 - Dunedin

Interior

Interior Features Ceiling Fans(s)

Heating Baseboard, Electric, Space Heater

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Linoleum, Luxury Vinyl, Tile

Furnishings Unfurnished

Fireplace false

Appliance Range, Refrigerator

Laundry Laundry Closet, Outside

Exterior

Exterior Feature Fence, Hurricane Shutters, Lighting, Private Entrance, Sliding Doors, Storage

Parking Features Assigned, Covered, Guest, Parking Pad

Community Features None

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Amenities Available Laundry

View Garden

Roof Type Shingle

Porch Covered, Patio

Attached Garage false

Garage false

Private Pool No

Building

Lot Description Corner Lot, City Limits, Landscaped, Near Public Transit, Paved

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Schools

Elementary Schools Garrison-Jones Elementary-Pn

Middle Schools Dunedin Highland Middle-Pn

High Schools Dunedin High-Pn

Others

Pets Allowed Cats OK, Dogs OK

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8470910

Listed by Pete Dagios DUNEDIN REALTY LLC

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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(917) 417-0681

ptcomo@patcomofloridarealestate.com

1400 S International Pkwy, Lake Mary, FL, 32746, USA

1301 N LOTUS DR Dunedin, FL 34698

Patsy DiGiacomo

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1301 N LOTUS DR