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    885 Beltrees St Dunedin, FL 34698

    Sponsored
    For Sale
    $4,100,000

    16-Unit Multifamily, High Returns

    Property size:
    8,836 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 16-unit multifamily property in Dunedin, FL, presents a compelling investment opportunity. Boasting 8,836 square feet on a 0.68-acre lot, the property is strategically located near downtown and the waterfront, offering easy access to Clearwater's attractions. Currently fully occupied with a mix of long-term and short-term rental potential, this property provides a steady income stream. Significant recent improvements include four new roofs and updated air conditioning systems in all 16 units. Ten units have also undergone thoughtful upgrades, enhancing their appeal and comfort. A new fence is currently under construction, replacing minor hurricane damage, and new pavement for the rear apartments is nearing completion. Despite its coastal location, the property sustained minimal hurricane damage and is in excellent condition. The property's proximity to beaches, shops, and restaurants makes it ideal for both long-term and short-term rentals, maximizing return on investment. This presents a rare chance to acquire a well-maintained, high-performing multifamily property in a thriving Florida market, offering a blend of stability and high-growth potential. The asking price is $4,100,000.

    Property Features for 885 Beltrees St

    General Information

    Property type
    Residential income properties
    Square Feet
    8,836 SF
    Lot Size
    29,621 SF

    Building Details

    Year Built
    1967
    Property Profile Location Intelligence

    Current Use by Public Records

    Gios multitask lawn ... Landscaper Impact Mobile Web Website Designer Psychic liz Psychic

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dunedin
    County
    Pinellas
    State
    Florida
    Longitude
    -82.77625
    Latitude
    28.00435

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    FAQs

    What type of property is this?
    Residential income property - 16-Unit Multifamily, High Returns
    Where is this residential income property located?
    The property is located at 885 Beltrees St Dunedin, FL.
    What is the asking price?
    The asking price for this property is $4,100,000.
    (813) 321-0437
    Request Owner's contact information
    885 Beltrees St Dunedin, FL 34698
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    Dunedin, FL 34698
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    Realmo Value Estimation

    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.

    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.

    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
    885 Beltrees St Dunedin, FL 34698
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