1136 Douglas Ave Dunedin, FL 34698

This approximately 0.42-acre property presents a rare development opportunity in Dunedin, directly fronting the Pinellas Trail and backing to a city park. The site consists of the north portions of Lots 1–4, Block 6, along with a fee-owned, vacated public right-of-way. The vacated right-of-way is part of the ownership and fully usable for development. The property is surrounded by multifamily, residential, and mixed-use developments. Up to four multifamily units may be developed by right without the need for a City Development Order. The MF-15 zoning district allows up to 15 units per acre, with building heights up to 50 feet or 5 stories, subject to code and design review. The site is suited for townhomes, boutique multifamily, or luxury rental units. Elevated or upper-level designs could capture possible water views depending on unit configuration. The site’s direct Pinellas Trail frontage provides access to Downtown Dunedin, local breweries, restaurants, shops, marina, and waterfront parks. The adjacent park provides green space buffering and privacy. Utilities are in place, including public water, sewer, and electric, and the property is located within city limits on a paved, publicly maintained road. The surrounding neighborhood reflects active redevelopment momentum, including multifamily and mixed-use projects. This site is suitable for a developer or investor seeking a Dunedin project with zoning certainty, reduced entitlement risk, and location fundamentals. Sold for land value only.