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Dunedin Development Opportunity Near Trail
For Sale
$849,000

1136 DOUGLAS AVENUE, Dunedin, FL 34698

Rare development opportunity with trail frontage and park adjacency.

Property SizeContact for details
Lot Size0.42 Acres
Days on Market192

Property Features for 1136 DOUGLAS AVENUE

General Information

Standard status Active
Lot size 0.42 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $12,515

Amenities

Pool
Public Pool
Buildable
Level
Paved
Listing Agency: PALM LIFE REALTY
Listed By: WALTER PENACHIO · License #3043989
Source: Corcoran
Added: Jan 30 Changed: Aug 8 Last Checked: Jul 16 at 3:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PALM LIFE REALTY

Investment Insights

Based on property information with market context.

This is a rare development opportunity in Dunedin, directly fronting the Pinellas Trail and backing to a city park. The site is approximately 0.43 acres and consists of the north portions of Lots 1–4, Block 6, together 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 development. 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's direct Pinellas Trail frontage creates a premium lifestyle appeal, with direct access to Downtown Dunedin, local breweries, restaurants, shops, marina, and waterfront parks. The adjacent park provides permanent 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. The property is ideal for a developer or investor seeking a Dunedin project with zoning certainty, reduced entitlement risk, and exceptional location fundamentals. The property combines MF-15 zoning, trail frontage, park adjacency, downtown proximity, and development-order exemption. It is being sold for land value only.

Key Highlights

  • MF‑15 zoning allows up to 15 units per acre and up to 5 stories, ideal for townhomes, boutique multifamily, or luxury rental units.
  • Up to four (4) multifamily units may be developed by right without a City Development Order, saving significant time and costs.
  • Direct frontage on the Pinellas Trail provides premium lifestyle appeal and higher rents/resale values.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Auto Parts Store Big Box & Wholesale Store Daycare Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 34698, FL

38,010
Population
22,016
Households
1.7
Avg Household Size
56
Median Age
36%
College-Educated
95%
High-School Grad
11.2 sq mi
ZIP Area
3,394
Density / Sq Mi
$67,323
Median Household Income
$44,747
Median Earnings
$1,571
Median Rent
$335,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare development opportunity with trail frontage and park adjacency.
Where is this residential land & home lot located?
The property is located at 1136 DOUGLAS AVENUE Dunedin, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: MF‑15 zoning allows up to 15 units per acre and up to 5 stories, ideal for townhomes, boutique multifamily, or luxury rental units.; Up to four (4) multifamily units may be developed by right without a City Development Order, saving significant time and costs.; Direct frontage on the Pinellas Trail provides premium lifestyle appeal and higher rents/resale values.
More about this property
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