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$4,100,000
15 Days On Site

885 BELTREES STREET
DUNEDIN, FL 34698

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
8,836
SqFt
$464
/SqFt
1967
Built
Subdivision:
HELLERS SUB
County:
Pinellas
Call Now: 813-505-2276
Is this the home for you? We can help make it yours.
813-505-2276
885 BELTREES STREET885 BELTREES STREET885 BELTREES STREET885 BELTREES STREET
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Mortgage Calculator

Monthly Payment (Est.)

$18,706
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$4,100,000
Days On Site 
15 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,836 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.68 Acres
Year Built 
1967
MLS® Number 
TB8325784
Status 
Active
Property Tax 
$40,309.11
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
0.68
Foundation 
Slab
Number Of Stories 
1
Property Sub Type 
Multi Family
SqFt Total 
8836
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
Block
Road Frontage 
Other
Community Features
Financing Terms Available 
CashConventional
MLS Area 
34698 - Dunedin
Roads 
AsphaltPaved
Township 
28
Listing courtesy of LOMBARDO TEAM REAL ESTATE LLC 2158965190



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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