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Duplex With Two Electric Meters

1193 & 1195 BASS Boulevard Dunedin, FL 34698

1193 & 1195 BASS Boulevard, Dunedin, FL, 34698
$675,000
For Sale
$675,000

MULTI_FAMILY - DUNEDIN, FL

Property Size1,927 SF
Lot Size0.20 Acres
Price / SF$350.29
Days on Market120

Property Features for 1193 & 1195 BASS Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RES
Bedrooms
6
Bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 5
Parking features
Driveway
Window features
Blinds
Patio and Porch features
Porch
Pets allowed
Dogs OK, Cats OK
Interior features
Ceiling Fans(s), Thermostat
Exterior features
Awning(s), Courtyard, Fence, Lighting, Sidewalk
Fencing
Fenced
Appliances
Dishwasher, Disposal, Exhaust Fan, Refrigerator
Standard status
Active
APN
27-28-15-62910-002-0370
Size
1,927 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
OAKLAND SUB NO. 2 BLK B, LOTS 37,38 AND 39
Tax Annual Amount
5989

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1954
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Block, Stucco
Roof type
Shingle
Listing agency SMITH & ASSOCIATES REAL ESTATE
Listed by Tiffany Spyridakos · License #3307155
Added: Mar 25 Updated: Jul 20 at 8:51PM Checked: Jul 22 at 3:06PM
MLS# TB8491866

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.


Investment Insights

Based on property information with market context.

This duplex includes two separate residences at 1193 & 1195 BASS Boulevard. The property is set up with two electric meters for ease of management, and one unit has been fully remodeled while the other unit is currently occupied by a long-term, established tenant.

The site sits on a 0.2-acre lot in Dunedin, Florida (Pinellas County) and is described as being located in a non-flood zone. Parking is available for tenants and guests, and the property also includes a spacious backyard.

The listing identifies the property as zoned RES and notes an opportunity to expand up to 4 units, subject to buyer verification. Showings are by appointment only and the current tenant should not be disturbed.

Key Highlights

  • Prime Dunedin location: Short distance to downtown shops, restaurants, breweries, and the Intracoastal Waterway.
  • Strong ROI potential: Income‑producing property with a potential 8% Cap Rate when fully rented.
  • Development potential: Zoning allows for expansion up to 4 units (buyer to verify).

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $34.5k $17.88
− Vacancy −$2.3k −$1.21
EGI $32.1k $16.67
− OpEx −$9.6k −$5.00
NOI $22.5k $11.67
1,927 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$321.3K
$281.2K – $374.9K (±1% cap)
NOI $22,493 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$253.2K
$221.5K – $295.4K (±1% cap)
NOI $17,723 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$501.2K
$438.6K – $584.8K (±1% cap)
NOI $35,086 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Grocery & Convenience Store Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Storage Facility (Bike/Boat/Book/etc) Store Parking Lot & Garage Tech Support Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex with two electric meters, one fully remodeled unit, and one long-term tenant for immediate income.
Where is this duplex located?
The property is located at 1193 & 1195 BASS Boulevard Dunedin, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Prime Dunedin location: Short distance to downtown shops, restaurants, breweries, and the Intracoastal Waterway.; Strong ROI potential: Income‑producing property with a potential 8% Cap Rate when fully rented.; Development potential: Zoning allows for expansion up to 4 units (buyer to verify).
Contact an agent
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