Active
950 BELTREES ST
DUNEDIN FL, 34698
$9,990,000
$400.51 per sqft
Active
24,943 sqft
Multi-family
Built in 1989
Klein and Heuchan presents an exceptional opportunity to acquire a multi-family property situated in Dunedin, Florida, renowned
as one of the most vibrant rental markets within the Tampa Bay area. Comprising eight block buildings, the property boasts a total of (12)
spacious three-bedroom, two-bathroom units, and (13) two-bedroom, two-bathroom units. Each unit features a kitchen/great room
concept and generous walk-in closets, providing an attractive living space for tenants. Furthermore, with two bathrooms in each unit, this
layout is highly sought-after among renters. All units are conveniently located on the ground floor with large fully fenced yards, enhancing
the appeal of the property. One unit has been significantly upgraded (see first page of interior pictures of marketing package). Half of the rest have been recently upgraded (see second page of interior pictures of marketing package). The remaining units are in good shape with long term tenants. Parking lot asphalt and sidewalks have recently been upgraded making the property better for tenants and insurance purposes. Currently leased to Annual Tenants, it's worth noting that the current rental rates significantly undersell the prevailing market rates, representing a considerable upside potential for investors. Strategically positioned in downtown Dunedin, residents will enjoy proximity to various attractions including Honeymoon Island, ranked as the #1 State Park in Florida, along with Caladesi Island and the Pinellas Trail. In summary, this property presents an outstanding investment opportunity in one of the most desirable locations within Tampa Bay.
U8236380
MLSⓇ ID
March 27, 2024
Listed
September 18, 2024
Updated
Map
950 BELTREES ST
DUNEDIN FL, 34698
Interior Features
Interior Features
Ceiling Fans(s)
Laundry Description
Inside
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
2.26 Acres
Exterior Features
Fence
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
34698 - Dunedin
Taxes
$35,783
Tax Frequency
Annually
Garage
No
View
No
County
Pinellas
Municipality
28
Water Source
Public
Pool
No
Listed by KLEIN & HEUCHAN, INC
Listing Contact: 727-441-1951
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Data last updated 9/18/2024, 9:50 PM UTC