Six-Unit Multifamily with Screened
153 NEW YORK Avenue Dunedin, FL 34698
New
For Sale
$1,325,000
MULTI_FAMILY - DUNEDIN, FL
Property Size4,440 SF
Lot Size0.47 Acres
Price / SF$298.42
Days on Market2
Property Features for 153 NEW YORK Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 10
- Bathrooms
- 8
- Rooms
- Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 5, Bedroom 8, Bedroom 6, Family Room, Bedroom 1, Bedroom 7, Bathroom 6, Bathroom 7, Bedroom 2, Bedroom 9, Bathroom 1, Bedroom 3, Bathroom 8, Bedroom 10, Bedroom 4, Bathroom 4
- Parking features
- Guest, Oversize, Off Street, Driveway
- Patio and Porch features
- Patio, Porch
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Thermostat
- Exterior features
- Lighting
- Appliances
- Electric Water Heater, Range, Refrigerator
- Standard status
- Active
- APN
- 35-28-15-00000-320-0200
- Size
- 4,440 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- W 170FT OF S 1/4 OF NW 1/4 OF SW 1/4 OF SEC 35-28-15 LESS N 120FT & LESS S 97FT THEREOF
- Tax Annual Amount
- 10932
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Ductless (Heating), Electric (Heating)
- Cooling system
- Central Air, Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Number of units
- 6
- Flooring type
- Vinyl
- Building materials
- Block
- Roof type
- Shingle
- Additional Structures
- Storage
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Lance Willard LLC · License #3384517
(727) 487-1894
Added: Jul 26
Last Checked: Jul 27 at 6:06AM
MLS# TB8532775
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 six-unit multifamily property is arranged across three separate block construction buildings, with all units separately metered. The six residences are configured with two 2-bedroom, 2-bath units; two 2-bedroom, 1-bath units; and two 1-bedroom, 1-bath units. Each unit includes a large screened-in porch, and the property has been cosmetically renovated within the last year. The 2-bedroom, 2-bath units include private carports, while the remaining units have dedicated parking pads. A shared community laundry room serves the property.
The property is located in Dunedin, Florida at 153 New York Avenue, just minutes from downtown Dunedin and local dining, shopping, and entertainment, with access to the Pinellas Trail nearby. It is described as high and dry with no flooding during the seller’s ownership.
With the property currently fully occupied and generating income, a new owner may be able to begin benefiting from an established rental operation.
The property is located in Dunedin, Florida at 153 New York Avenue, just minutes from downtown Dunedin and local dining, shopping, and entertainment, with access to the Pinellas Trail nearby. It is described as high and dry with no flooding during the seller’s ownership.
With the property currently fully occupied and generating income, a new owner may be able to begin benefiting from an established rental operation.
Key Highlights
- 6‑unit multifamily property built in 1968 with three separate block construction buildings
- All units separately metered for electric and management/accountability
- Unit mix: two 2‑bed/2‑bath, two 2‑bed/1‑bath, and two 1‑bed/1‑bath
Financial Insights For Apartment 5plus
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 | $79.9k | $18.00 |
| − Vacancy | −$5.7k | −$1.28 |
| EGI | $74.2k | $16.72 |
| − OpEx | −$33.4k | −$7.52 |
| NOI | $40.8k | $9.20 |
4,440 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$583.4K
$510.4K – $680.6K
NOI $40,835 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M
NOI $80,842 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Fully occupied six-unit multifamily features three block buildings and individually metered units with screened-in porches.
Where is this apartment building located?
The property is located at 153 NEW YORK Avenue Dunedin, FL.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 6‑unit multifamily property built in 1968 with three separate block construction buildings; All units separately metered for electric and management/accountability; Unit mix: two 2‑bed/2‑bath, two 2‑bed/1‑bath, and two 1‑bed/1‑bath
