Two-Unit Duplex with
1154 ANGLE RD, Dunedin, FL 34698
For Sale
$615,000
Residential income property with screened porches, separate utility meters, tenant occupancy, and a backyard storage shed.
Property Size1,820 SF
Lot Size0.25 Acres
Days on Market51
Property Features for 1154 ANGLE RD
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Taxes and HOA fees
Annual Taxes
Amenities
screened-in porch
washer and dryer hookups
storage shed
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
DALTON WADE INC
Listed By:
Nina Ibrahimbegovic · License #3303852
(727) 810-7222
Source:
Judibeck
Added: Sep 20
Changed: Nov 5
Last Checked: Nov 8 at 3:14PM
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 DALTON WADE INC
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Investment Insights
Based on property information with market context.
Built in 1958, this 1,820-square-foot duplex contains two residential units, each configured with two bedrooms and one bathroom. Both units include screened porches, washer and dryer hookups, terrazzo flooring, and an individual carport. One unit has been remodeled, while a backyard storage shed provides additional on-site storage.
The property occupies approximately a quarter-acre near downtown Dunedin and the Pinellas Trail, with restaurants and shops nearby. Long-term tenants occupy both units and have indicated they want to remain. Water and electric are separately metered, and tenants pay their own utilities. The property is not in a flood zone.
The property occupies approximately a quarter-acre near downtown Dunedin and the Pinellas Trail, with restaurants and shops nearby. Long-term tenants occupy both units and have indicated they want to remain. Water and electric are separately metered, and tenants pay their own utilities. The property is not in a flood zone.
Key Highlights
- Two 2‑bedroom, 1‑bath units within a 1,820‑square‑foot duplex
- Built in 1958 on an approximately quarter‑acre lot
- Each unit includes a screened porch, washer and dryer hookups, terrazzo flooring, and a carport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,244
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,880
$424.9K
Cap Rate 7%
$303,486
$303.5K
Cap Rate 9%
$236,044
$236.0K
Market Conditions
NOI Build-Up for 1,820 SF
Gross rent
$32.5K $17.88/SF
− Vacancy
−$2.2K −$1.21/SF
EGI
$30.3K $16.67/SF
− OpEx
−$9.1K −$5.00/SF
NOI
$21.2K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,880
Cap Rate 7%
$303,486
Cap Rate 9%
$236,044
Alternative Uses
Best Use
Multifamily LT 5
$303.5K
$265.6K – $354.1K
NOI $21,244 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$282.2K
$246.9K – $329.2K
NOI $19,752 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$473.4K
$414.2K – $552.3K
NOI $33,138 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
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Business Placement
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
$335,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Pinellas County, FL
Properties on Market for Duplexes in Pinellas County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Residential income property with screened porches, separate utility meters, tenant occupancy, and a backyard storage shed.
Where is this duplex located?
The property is located at 1154 ANGLE RD Dunedin, FL.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units within a 1,820‑square‑foot duplex; Built in 1958 on an approximately quarter‑acre lot; Each unit includes a screened porch, washer and dryer hookups, terrazzo flooring, and a carport
