DUNEDIN, FL 34698 885 BELTREES STREET

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Presented By: LOMBARDO TEAM REAL ESTATE LLC with 813-321-0437. - 813-321-0437
  • MLS# TB8325784
  • 11/29/2024
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  • SQFT • 8,836

Home Details

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.
Presented By: LOMBARDO TEAM REAL ESTATE LLC with 813-321-0437. - 813-321-0437

Interior Features for 885 BELTREES STREET

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Total Stories1

General for 885 BELTREES STREET

Additional Parcels Y/NNo
Building Area Unitssquare feet
Citydunedin
Construction Materialsblock
Coolingcentral air
Countypinellas
Directionsjust west off patricia street in dunedin
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptionheller's sub w 175ft of e 375ft of s 170ft of n 195ft of lot 8 less rd r/w
Listing Termscash, conventional, other, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet29630
Lot Size Unitssquare feet
MLS Area34698 - dunedin
ModificationTimestamp2025-06-11t15:17:17.107z
New ConstructionNo
Ownershipcorporation
Property Subtypemulti family
Property Typecommercial sale
Standard Statusactive
Statusactive
Subdivision Namehellers sub
Tax Annual Amount40309.11
Tax Lot8
Tax Year2023
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1967

Exterior for 885 BELTREES STREET

Building Area Total8836
Foundation Detailsslab
Lot Dimensions175 x 170
Lot Size Acres0.68
Lot Size Area29630
Number of Buildings4
Road Frontage Typeother
Road Surface Typeasphalt, paved
Waterfront Y/NNo

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $3,750,000
MLS#TB8325784
List Date 11/29/2024
Property Type Commercial
Phone 518.569.7173
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