$1,500,000
$1,600,000
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3,158 SqFt
SOLD DATE : 03/23/2022
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,158 sqft
Price per Sqft $474
Subdivision Oakland Sub
MLS Listing ID U8141570
Sold Date 03/23/22
Construction Status Inspections
HOA Y/N No
Year Built 1924
Annual Tax Amount $1,850
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 100x116
Property Description
Welcome to the booming, vibrant, and delightful downtown Dunedin. This wonderful and charming walk-downtown property combines 2 full lots ( downtown core zoned! ) right at the entryway to the fantastic downtown Dunedin corridor, full of shops, micro-breweries, pubs, and great restaurants, not to mention the waterfront restaurants and scenic marina at the west end of downtown ( beautiful sunsets ).The property consists of a very charming bungalow, which is currently functioning as an extremely popular 5 star vacation rental, a free standing rear cottage with a feel good loft floor plan, stylishly furnished and ideal for another highly desirable vacation rental, and a 2 story house containing a newly renovated and fully furnished upstairs 2 bedroom apartment ( can be another short term rental! ), and a spacious 4 room downstairs, currently set up as commercial, but easily convertible to residential, to add 2 more vacation rentals. The long side porch (a newer addition) adds substantial value to the bottom floor. The 3 buildings sit on 2 combined lots with a very attractive and functional shell parking lot consisting of 7 regular parking spaces and 1 disabled space, all surrounded by shade trees and other pretty landscaping. All utilities are below ground, which adds to the charming feel of the grounds. The income potential here is obvious- a readymade top notch vacation rental village located ideally at the entryway to delightful downtown Dunedin, an area fast becoming one of the most desirable not only in Tampa Bay, but in all of Florida! Add to this the upcoming major streetscaping on this section of St Rd 580, which will slow traffic with roundabouts and on- street parking, AND the new Gateway project across the street, with its retail shops, condos, offices, etc., and it is clear that this property will also be seeing substantial growth in value in a relatively short time. This is a super opportunity to instantly become a major part of a booming downtown area, with great immediate income flow, plus a fantastic opportunity to enjoy exciting growth in real value. Check it out, but you may need to act quickly on this one!
Location
State FL
County Pinellas
Community Oakland Sub
Interior
Cooling Central Air, Wall/Window Unit(s)
Exterior
Waterfront false
Building
Story 1
Entry Level Two
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Structure Type Wood Frame, Wood Siding
New Construction false
Construction Status Inspections
Others
Ownership Sole Proprietor
Special Listing Condition None
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