Duplex with Two Electric
1193 & 1195 BASS BOULEVARD Dunedin, FL 34698
1193 & 1195 BASS BOULEVARD, Dunedin, FL, 34698
$675,000
For Sale
$675,000
Duplex - DUNEDIN, FL
Property Size1,927 SF
Lot Size0.20 Acres
Price / SF$350.29
Days on Market117
Property Features for 1193 & 1195 BASS BOULEVARD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RES
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Driveway
- Pets allowed
- Cats OK, Dogs OK
- Interior features
- Ceiling Fans(s), Thermostat
- Exterior features
- Paved, Awning(s), Courtyard, Fence, Lighting, Sidewalk
- Fencing
- Fenced
- Appliances
- Dishwasher, Garbage Disposer, Refrigerator, Washer
- 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 Annual Amount
- 5989
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1954
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
SMITH & ASSOCIATES REAL ESTATE
(727) 282-1788
14581 Walsingham Road, Tampa, FL
Listed by
Tiffany Spyridakos · License #3307155
(727) 641-9869
Added: Mar 25 Checked: Jul 19 at 11:06 am
MLS# TB8491866
Listing URL
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 investment offers two distinct living units with a practical management setup: two separate electric meters. One unit is fully remodeled and positioned to attract strong rental demand, while the second unit is occupied by a long-term, established tenant for immediate cash flow. The property also includes a spacious backyard and ample parking for tenants and guests.
Set in the heart of Dunedin, the location is described as convenient to vibrant downtown shopping, restaurants, local breweries, and the Intracoastal Waterway, with easy access by walk, bike, or golf cart. The listing also notes the property is in a non-flood zone, meaning flood insurance is not required, and it is presented as an increasingly rare cost-management advantage in a coastal market.
From an ownership perspective, this is well suited for investors seeking steady income and a straightforward path to value through leasing and potential improvements. The zoning is identified as RES and is described as presenting an opportunity for expansion up to four units, subject to buyer verification. Showings are by appointment only, with instructions not to disturb the current tenant.
Set in the heart of Dunedin, the location is described as convenient to vibrant downtown shopping, restaurants, local breweries, and the Intracoastal Waterway, with easy access by walk, bike, or golf cart. The listing also notes the property is in a non-flood zone, meaning flood insurance is not required, and it is presented as an increasingly rare cost-management advantage in a coastal market.
From an ownership perspective, this is well suited for investors seeking steady income and a straightforward path to value through leasing and potential improvements. The zoning is identified as RES and is described as presenting an opportunity for expansion up to four units, subject to buyer verification. Showings are by appointment only, with instructions not to disturb the current tenant.
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
NOI $22,493 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$253.2K
$221.5K – $295.4K
NOI $17,723 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$501.2K
$438.6K – $584.8K
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
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FAQs
What type of property is this?
Duplex - A cash-flowing duplex featuring separate electric meters and a remodeled unit, offering income-focused investment potential.
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).
