Dunedin 55+ Community
For Sale
$155,000
200 GLENNES Ln 112, Dunedin, FL 34698
Charming 2BR/2BA in desirable Dunedin 55+ community.
Property Size1,070 SF
Price / SF$144.86
Days on Market99
Property Features for 200 GLENNES Ln 112
General Information
Standard status
Active
Size
1,070 SF
Property subtype
Residential
Building Details
Year Built
1968
Listing Agency:
(727) 282-3605
Listed By:
Vickee Walthall · License #3237836
(727) 282-3605
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 8:01AM
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 Vickee Walthall
Investment Insights
Based on property information with market context.
Located in the heart of Dunedin, the Douglas Arms is a 55+ community. This first-floor corner residence offers 1,070 square feet of living space, featuring 2 bedrooms, 1 full bath, and an additional half bath. A standout feature is the private in-unit washer and dryer. The floor plan includes spacious living and dining areas, newer laminate flooring, and a versatile Florida room. Covered parking is available. Residents have access to a community pool and shuffleboard courts. The community is located minutes from Downtown Dunedin, the Pinellas Trail, Dunedin Causeway, and Honeymoon Island State Park. The community has a no-pet and no-rental policy.
Key Highlights
- 55+ community in desirable Dunedin location: close to downtown, Pinellas Trail, Dunedin Causeway, and Honeymoon Island.
- Private in‑unit washer and dryer: a rare and highly desirable feature.
- Spacious 1,070 sq. ft. first‑floor corner unit: includes 2 bedrooms, 1.5 baths, and a bonus Florida Room.
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 | $19.3k | $18.00 |
| − Vacancy | −$1.4k | −$1.28 |
| EGI | $17.9k | $16.72 |
| − OpEx | −$8.1k | −$7.52 |
| NOI | $9.8k | $9.20 |
1,070 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$140.6K
$123.0K – $164.0K
NOI $9,841 @ 7.0% cap · market cap 6.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$278.3K
$243.5K – $324.7K
NOI $19,482 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,363
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34698, FL
38,010
Population
22,016
Households
1.7
Avg Household Size
56
Median Age
36%
College-Educated
95%
High-School Grad
11.2 sq mi
ZIP Area
3,394
Density / Sq Mi
$67,323
Median Household Income
$44,747
Median Earnings
$1,571
Median Rent
$335,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Charming 2BR/2BA in desirable Dunedin 55+ community.
Where is this senior housing / retirement home located?
The property is located at 200 GLENNES Ln 112 Dunedin, FL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 55+ community in desirable Dunedin location: close to downtown, Pinellas Trail, Dunedin Causeway, and Honeymoon Island.; Private in‑unit washer and dryer: a rare and highly desirable feature.; Spacious 1,070 sq. ft. first‑floor corner unit: includes 2 bedrooms, 1.5 baths, and a bonus Florida Room.
