Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    411 Marjon Ave Dunedin, FL 34698

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $624,000

    Well-maintained, furnished duplex near downtown Dunedin with flexible rental options.

    Lot size:
    0.18 Acres

    Property Features for 411 Marjon Ave

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1974

    We can help!

    Listing Contact
    Lindsey Warpinski
    Lindsey Warpinski
    Source: Elliman

    Listing Agent: Lindsey Warpinski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Furnished Duplex Near Downtown Dunedin

    This furnished duplex features two identical units, each containing 2 bedrooms and 2 bathrooms. Each unit includes a 1-car garage and a fenced backyard. The property is located 5 minutes from Downtown Dunedin, providing access to local shops, dining options, and festivals. The Pinellas County trail is easily accessible, facilitating activities such as jogging, bicycling, and skating. Honeymoon Island is 15 minutes away, and Clearwater Beach is 20 minutes away. The property offers flexibility for owner-occupancy with rental income or continued rental of both units. One unit is currently tenant-occupied until May 2026. The vacant unit is being sold fully furnished. The property is suitable for mid-term rentals, such as Airbnb and Furnished Finder, or longer-term tenants.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -82.7761659
    Latitude
    28.0053782

    Nearby Similar for Sale

    • $2,630,000
      8,287 SF

      Dunedin Mixed-Use Plaza Opportunity

      High-visibility Dunedin strip center with large parking and development potential.
      1600 Achieva Way, Dunedin, FL 34698
      View Details
    • $625,000
      2,160 SF

      Updated Dunedin Duplex For Sale

      Updated 6-bedroom, 4-bathroom duplex in Dunedin, Florida.
      611 Lyndhurst St, Dunedin, FL 34698
      View Details
    • $3,625,000
      4,236 SF

      Downtown Dunedin Commercial Opportunity

      Two-story building in downtown Dunedin near shops and restaurants.
      220 Scotland St, Dunedin, FL 34698
      View Details
    • $325,000
      Pending

      Medical-Ready Office Condo For Sale

      Turn-key, remodeled office condo with medical infrastructure in Dunedin, Florida.
      2323 Curlew Rd, Dunedin, FL 34698
      View Details
    • $779,000
      4,330 SF

      Spacious Dunedin Duplex Investment Opportunity

      Well-maintained duplex with long-term tenants and income potential.
      646 Norfolk St, Dunedin, FL 34698
      View Details
    • $18,000,000
      39,616 SF

      Dunedin Mixed-Use Development Opportunity

      Beachside mixed-use development with townhomes, hotel, and retail space.
      265 Causeway Blvd, Dunedin, FL 34698
      View Details
    • $2,200,000
      2,336 SF

      Dunedin Assisted Living Facility Opportunity

      Licensed 8-bed assisted living facility with expansion potential near downtown.
      639 Michigan Blvd, Dunedin, FL 34698
      View Details
    • $185,000

      Waterfront Unit in 55+ Community

      Two-bedroom, two-bath waterfront unit in active 55+ community.
      3301 508, Dunedin, FL 34698
      View Details
    • $210,000

      Waterfront Condo Hotel in Dunedin

      Turnkey condo hotel near Downtown Dunedin with waterfront and Gulf views.
      1414 Bayshore Blvd, Dunedin, FL 34698
      View Details
    • $800,000

      Dunedin Four-Unit Investment Opportunity

      Four-unit complex in Downtown Dunedin near the bay.
      416 Skinner Blvd, Dunedin, FL 34698
      View Details
    • $99,500

      Dunedin Retirement Community Double-Wide

      Spacious double-wide in a Pinellas County retirement community.
      3301 439, Dunedin, FL 34698
      View Details
    • $1,469,000

      Dunedin Six-Unit Apartment Complex

      Well-maintained six-unit apartment complex in Dunedin, Florida.
      744 Mease Plz, Dunedin, FL 34698
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained, furnished duplex near downtown Dunedin with flexible rental options.
    Where is this duplex located?
    The property is located at 411 Marjon Ave Dunedin, FL.
    What is the asking price?
    The asking price for this property is $624,000.
    What are key features of this property?
    This property features: - Furnished duplex featuring two identical 2-bedroom, 2-bath units.; - Excellent location: just 5 minutes from Downtown Dunedin.; - Each unit includes a 1-car garage and fenced backyard.
    (563) 505-0113
    Request Owner's contact information
    411 Marjon Ave Dunedin, FL 34698
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    411 Marjon Ave
    Dunedin, FL 34698
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    411 Marjon Ave Dunedin, FL 34698
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lindsey Warpinski
    Lindsey Warpinski
    (563) 505-0113
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.