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885 Beltrees Street, Dunedin, FL 34698

$3,550,000

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Property Description

885 Beltrees Street presents a repositioned 16-unit investment opportunity in one of Pinellas County's most desirable coastal submarkets.Currently operating as a fully occupied, cash-flowing long-term rental, the property features 12 of 16 units renovated, durable block construction, and is not located in a flood zone, providing immediate stability for investors.What sets this opportunity apart is its location.Situated just minutes from downtown Dunedin, known for its walkable charm, breweries, and waterfront parks, and in close proximity to Honeymoon Island, Caladesi Island, and Clearwater Beach, the property is surrounded by some of Florida's most visited coastal destinations.Based on current understanding, the property appears to be located within a zoning area that allows short-term rentals, which is uncommon in Dunedin. This creates a unique opportunity for investors seeking stable in-place income today with the potential to explore an expansive hospitality strategy.Buyer to independently verify all zoning, permitted use, and short-term rental regulations with the City of Dunedin.

885 Beltrees Street | MLS# TB8325784

This commercial property located at 885 Beltrees Street, Dunedin, FL 34698 is currently listed for sale with an asking price of $3,550,000. Search Dunedin real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Commercial - Multiple
Cooling: Central Air
Lot Size: 0.68 Acres
Stories: 1.0
Taxes: $40,309
Year Built: 1967
Square Feet: 8,836

Feature Descriptions

Days on Site: 522
Directions: Just west off Patricia Street in Dunedin
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Other, Owner Financing
Lot Dimensions: 0.68
Ownership: Corporation
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Showing Instructions: Appointment Only, Call Listing Agent, Listing Agent Must Accompany
Special Sale Provisions: None
Water Access Y/N: No

Listed By / Shown By

Listed By

Agency Name: LOMBARDO TEAM REAL ESTATE LLC
Agency Contact: 813-321-0437

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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