Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1113 Ohio Ave Dunedin, FL 34698

    View on Map
    Sponsored
    For Sale
    $1,690,000

    Multi-Family 5+ - DUNEDIN, FL

    Property size:
    6,312 SF
    Lot size:
    0.41 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 11 at 2:06 am

    Property Features for 1113 Ohio Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Zoning
    RES
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    12
    APN
    26-28-15-00000-120-0300
    Parking features
    Assigned, Guest, Off Street, On Street
    Pets allowed
    No
    Interior features
    Ceiling Fans(s), Thermostat
    Exterior features
    Paved, Balcony, Rain Gutters, Sidewalk, Sliding Doors
    Appliances
    Range, Refrigerator
    Size
    6,312 SF
    Lot size
    0.41 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Number of units
    8
    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Frame, Wood Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Scott Ferguson
    Scott Ferguson

    Coastal Properties Group International, LLC (727) 493-1555

    Listing agent Scott Ferguson (727) 493-1555 License #3307880

    Listing date Mar 10, 2026

    MLS# TB8484471 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Dunedin Multi-Family Investment Opportunity

    This meticulously maintained 8-unit multi-family building in Dunedin, Florida, presents an excellent income-producing opportunity. The property features a new roof (2025) and six new A/C units (2025), with the remaining two A/C units replaced in 2023. The interiors of the units have been freshly painted within the last one to five years and are repainted upon move-outs. A coin laundry facility with two washers and two dryers is available for tenants. The property consists of seven units with annual leases and one unit rented month-to-month. Each unit has a private entrance, with patios on the ground level and balconies on the second floor. The unit mix includes four one-bedroom/one-bath units and four two-bedroom/one-bath units. Each unit has a separate electric meter, while the owner has one electric meter and one water meter. Foundation stabilization was completed in June 2025 by Geotech using chemical grout injections. Assigned parking is provided for each unit, along with guest parking. Situated 0.7 miles from downtown Dunedin, residents benefit from walkability to markets, festivals, dining, nightlife, breweries, the marina, and the Pinellas Trail. The 0.41-acre property is zoned RES and is not in a flood zone. The building size is 6,312 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dunedin
    County
    Pinellas
    State
    Florida
    Longitude
    -82.770919
    Latitude
    28.024269

    Nearby Similar for Sale

    • New
      $950,000
      3,600 SF

      Dunedin Light Industrial Investment

      Leased light industrial asset with income and growth potential.
      620 Union St, Dunedin, FL 34698
      View Details
    • $4,125,000
      2,200 SF

      Dunedin Vintage Carriage House Opportunity

      Unique vintage carriage house near downtown Dunedin and intracoastal waterway.
      1040 Broadway, Dunedin, FL 34698
      View Details
    • $18,000,000
      39,616 SF

      Dunedin Mixed-Use Development Opportunity

      Beachside mixed-use development with townhomes, hotel, and retail space.
      265 Causeway Blvd, Dunedin, FL 34698
      View Details
    • $2,630,000
      8,287 SF

      Dunedin Mixed-Use Plaza Opportunity

      High-visibility Dunedin strip center with large parking and development potential.
      1600 Achieva Way, Dunedin, FL 34698
      View Details
    • New
      $624,000
      2,160 SF

      Dunedin Duplex: Investor Opportunity

      Well-maintained duplex near Downtown Dunedin with strong rental potential.
      611 Lyndhurst St, Dunedin, FL 34698
      View Details
    • $779,000
      4,330 SF

      Spacious Dunedin Duplex Investment Opportunity

      Well-maintained duplex with long-term tenants and income potential.
      646 Norfolk St, Dunedin, FL 34698
      View Details
    • $3,625,000
      4,236 SF

      Downtown Dunedin Commercial Opportunity

      Two-story building in downtown Dunedin near shops and restaurants.
      220 Scotland St, Dunedin, FL 34698
      View Details
    • $950,000
      3,600 SF

      Renovated Dunedin Light Industrial Property

      Functional flex space with office and warehouse components near downtown.
      620 Union St, Dunedin, FL 34698
      View Details
    • $2,150,000
      2,751 SF

      Dunedin Motel Opportunity

      Ten-unit motel near downtown Dunedin on a main thoroughfare.
      1064 Broadway, Dunedin, FL 34698
      View Details
    • $3,200,000
      10,560 SF

      Turnkey Early Childhood Education Facility

      Purpose-built daycare center with furnishings and outdoor play area.
      1700 Michigan Blvd, Dunedin, FL 34698
      View Details
    • $6,750,000

      Dunedin Retail Investment Opportunity

      Prime downtown Dunedin property with redevelopment potential and existing store.
      840 Unknown, Dunedin, FL
      View Details
    • $3,625,000
      4,236 SF

      Dunedin Downtown Core Opportunity

      Two-story building in downtown Dunedin near shops and restaurants.
      220 Scotland St, Dunedin, FL 34698
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 8-unit building near downtown Dunedin.
    Where is this apartment building located?
    The property is located at 1113 Ohio Ave Dunedin, FL.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: - Excellent income-producing opportunity with 7 of 8 units currently leased annually.; - Prime location: just 0.7 miles to downtown Dunedin, offering walkability to amenities and attractions.; - New roof (2025) and six new A/C units (2025), plus two A/C units new in 2023.
    (727) 744-0993
    Request Owner's contact information
    1113 Ohio Ave Dunedin, FL 34698
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1113 Ohio Ave
    Dunedin, FL 34698
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1113 Ohio Ave Dunedin, FL 34698
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Ferguson
    Scott Ferguson
    Real Estate License ID: 3307880
    (727) 744-0993 (727) 493-1555
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!