$3,999,999
( $452.69Per Sq Foot )
 $21,473 est/mo Sourced by Back At You

885 Beltrees St , DUNEDIN, FL 34698

DUNEDIN, FL 34698

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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.

Details

MLS#TB8325784
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1967
Days On Site141
Listing Provided ByLOMBARDO TEAM REAL ESTATE LLC | Katelyn Robideaux

Features

SQ Feet8,836
Story(s)1
Acreage0.68

Market Activity 34698

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of April 19, 2025 at 2:25:14 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityDUNEDIN
Zip Code34698
Area34698 Dunedin
Community NameHELLERS SUB
Listing VS Median (In HELLERS SUB)
Price:
$3,999,999
low | high
Med:
$1,375
100% of Average
SqFt:
8,836
low | high
Med:
550
100% of Average
$ / SqFt:
$453
low | high
Med:
$3
100% of Average
On site:
141
low | high
Med:
18.000000
100% of Average
Sourced by Back At You
Listing Updated: April 15, 2025 at 3:48:12 PM PDT