1863 PASADENA DRIVE Dunedin, FL 34698
Duplex - DUNEDIN, FL
Property Features for 1863 PASADENA DRIVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Carport, Covered, Driveway
- Interior features
- Ceiling Fans(s), Thermostat
- Exterior features
- Paved, Fence, Storage
- Fencing
- Fenced
- Appliances
- Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 22-28-15-23310-007-0020
- Size
- 1,288 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4874.91
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1958
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Stucco
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Jonathan Minerick License #3477996 (888) 400-2513
Listing office HOMECOIN.COM 600 B St., San Diego, FL (888) 400-2513
Listing date Jan 21, 2026
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.
Key Highlights
- Fully renovated duplex in a highly desirable coastal location in Dunedin.
- Two updated 2‑bedroom, 1‑bath units provide flexibility for owner‑occupancy or investment.
- Complete remodel inside and out with thoughtful, custom finishes, including new tile flooring, modern open‑concept living areas, and fully remodeled kitchens with butcher block countertops and stainless steel appliances.
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 | $23.0k | $17.88 |
| − Vacancy | −$1.6k | −$1.21 |
| EGI | $21.5k | $16.67 |
| − OpEx | −$6.4k | −$5.00 |
| NOI | $15.0k | $11.67 |
