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    Updated Condo in Douglas Arms Title is generated by Realmo AI

    200 GLENNES LANE 111, Dunedin, FL 34698

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    For Sale
    $139,000

    Charming, updated 2-bedroom condo in 55+ Dunedin community.

    Type:Condo/Townhome
    Property size:
    970 SF
    Price / SF:
    $143/SF
    Added:
    Mar 23, 2026
    Days on Market:
    106
    Last Refresh:
    Apr 6 at 3:39 am

    Property Features for 200 GLENNES LANE 111

    General Information

    Standard status
    Active
    Size
    970 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1968

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    Annette Lawrence

    Listing office BLAKE REAL ESTATE INC

    Listing date Mar 23, 2026

    Source Exitrealty

    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 BLAKE REAL ESTATE INC

    HighLights

    • Ground floor unit in a 55+ community
    • Updated in 2021 with a MODERN KITCHEN featuring SHAKER CABINETS, QUARTZ COUNTERTOPS, and SAMSUNG APPLIANCES
    • Located in a non‑evacuation zone
    • Covered parking
    • HEATED COMMUNITY POOL
    • Close proximity to downtown Dunedin

    Overview

    This charming ground floor condo in Douglas Arms is a 55+ community. The property features 2 bedrooms and 2 bathrooms. Updated in 2021, the condo is move-in ready. The modern kitchen includes shaker cabinets, quartz countertops, and Samsung appliances. Additional features include a Florida room and convenient covered parking. The community provides a heated pool. The property is located in a non-evacuation zone. There is green space located behind the property. The unit has a size of 970 square feet.

    Local 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 $17.5k $18.00
    − Vacancy −$1.2k −$1.28
    EGI $16.2k $16.72
    − OpEx −$7.3k −$7.52
    NOI $8.9k $9.20
    970 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $127.4K
    $111.5K – $148.7K (±1% cap)
    NOI $8,921 @ 7.0% cap · market cap 6.42%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $252.3K
    $220.8K – $294.4K (±1% cap)
    NOI $17,661 @ 7.0% cap · market cap 12.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    LILY MONK Boutique Hat Shop Southern Health Insurance ... Insurance Agency

    Suggested Use

    Food Market Grocery & Convenience Store Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Electronics & Wireless Store Mobile Phone Store Supermarket Coworking & Hybrid Office Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dunedin
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7774112
    Latitude
    28.0152233

    FAQs

    What type of property is this?
    Residential income property - Charming, updated 2-bedroom condo in 55+ Dunedin community.
    Where is this residential income property located?
    The property is located at 200 GLENNES LANE 111 Dunedin, FL.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: Ground floor unit in a 55+ community; Updated in 2021 with a MODERN KITCHEN featuring SHAKER CABINETS, QUARTZ COUNTERTOPS, and SAMSUNG APPLIANCES; Located in a non‑evacuation zone
    More about this property
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