Property Description
Charming Multifamily Investment Opportunity in Dunedin, FL
Discover the perfect blend of steady revenue and lucrative potential with this exquisite 16-unit multifamily residence at 885 Beltrees St, Dunedin. Strategically located just moments from the vibrant downtown area and the serene waterside, this property presents a unique investment opportunity. Currently fully occupied with stellar tenants, the building offers a mix of long-term stability and high-yield short-term rental possibilities, ideal for catering to honeymooners and vacationers drawn to nearby Clearwater.
Significant capital improvements underscore the building’s value, with recent installations including four new roofs and modern air conditioning systems across all units. Notably, 10 of the 16 units have been thoughtfully upgraded, enhancing appeal and comfort. The proximity to local attractions, combined with the charm of Dunedin’s bustling community life and scenic vistas, makes this property highly attractive.
Optimized Living with Future Enhancements
Investors will appreciate the proactive maintenance efforts: a new fence installation is underway to replace minor hurricane damage, ensuring enhanced security and privacy for residents. This update, along with new pavement for the back apartments, will be completed soon, offering the new owner peace of mind and minimal upkeep requirements. Despite its proximity to coastal weather influences, the property has sustained virtually no damage, standing in mint condition and ready for immediate occupancy.
This property not only promises consistent income through its existing tenancies but also holds potential for significant returns on short-term rentals, thanks to its prime location near top-rated beaches, eclectic shops, and gourmet dining. The dual rental strategy enables balancing reliable income with high-profit short-term accommodations, making it an ideal choice for savvy investors seeking to capitalize on Florida’s booming rental market.
Disclosure: The new fence installation is a response to minor hurricane damage; no other impacts have been noted. This timely enhancement, along with the strategic location and substantial upgrades, firmly positions 885 Beltrees St as a premier property in Dunedin’s competitive real estate market.
Disclaimer: All information is believed to be accurate but may be subject to verification and change.
Features
: Central Air
Address Map
US
FL
Pinellas
Dunedin
HELLERS SUB
34698
BELTREES
885
STREET
Just west off Patricia Street in Dunedin
34698 - Dunedin
Additional Information
175x170
https://www.propertypanorama.com/instaview/stellar/TB8325784
1
3999999
2024-11-29
: Slab
: Block
8836
Financial
40309.11
Listing Information
261566892
261553511
Cash,Conventional,Other,Owner Financing
Active
2025-06-11T15:18:09Z
Stellar
: None
2024-11-29T19:02:25Z
Commercial Sale For Sale
885 Beltrees St, Dunedin, Florida 34698
8,836 Sqft
$3,750,000
Listing ID #TB8325784
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : TB8325784
Price : $3,750,000
Square Footage : 8,836 Sqft
Year Built : 1967
Lot Area : 0.68 Acre
Property Sub Type : Multi Family