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Mixed-Use Beachside Development Opportunity
For Sale
$18,000,000

265 CAUSEWAY Blvd, Dunedin, FL 34698

Entitled mixed-use development with townhomes, hotel, and retail space.

Property Size39,616 SF
Lot Size1.05 Acres
Price / SF$4,803
Days on Market155

Property Features for 265 CAUSEWAY Blvd

General Information

Standard status Active
Size 39,616 SF
Lot size 1.05 Acres
Property subtype Commercial

Building Details

Building Size 39,616 SF
Year Built 2026
Units 14
Listing Agency: PALM LIFE REALTY
Listed By: Walter Penachio · License #3043989
Source: Elliman
Added: Mar 11 Changed: Aug 9 Last Checked: Aug 9 at 8:09PM

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 PALM LIFE REALTY

Investment Insights

Based on property information with market context.

This is a fully entitled, to-be-built mixed-use beachside development opportunity located in Dunedin's waterfront corridor. The shovel-ready development includes 12 luxury townhomes, a 7-room executive boutique hotel, a retail winery space, and a resort-style community pool, all designed with sustainable construction and premium lifestyle amenities. It is positioned steps from the Dunedin Causeway and minutes from Honeymoon Island and Downtown Dunedin. The property is zoned for short-term rental. Each of the 12 townhomes features over 3,747 square feet of finished space across four levels, all connected by private in-unit elevators. Each unit includes 4-car garages and private garden patios, rooftop terraces with Gulf views that are gas, electric, and water-ready, spa-inspired owner’s suites, gourmet kitchens, and open living plans. The townhomes feature ICF construction, are wind rated to 235+ mph, energy-efficient, soundproof, and solar-ready. The 7-room executive-style boutique hotel delivers lodging. Rooms may share access to the pool amenity and offer flexibility in design and operations for short-term rental or extended-stay formats. The property includes a ground-floor NNN-leased retail space, with a current conceptual use as a winery or tasting room. The property is located steps to the beach, kayak launches, and Pinellas Trail, and walking distance to downtown Dunedin, shops, restaurants, and breweries. It is also near Clearwater Beach, Tampa International, and St. Pete-Clearwater airports. The property has an approved Development Order, a recorded Plat with Individual Parcel IDs, completed civil and architectural plans, and hotel, retail, and townhome pads ready for vertical construction. All utilities are accessible.

Key Highlights

  • Fully entitled, shovel‑ready mixed‑use development including 12 luxury townhomes, a 7‑room boutique hotel, and a retail winery space.
  • STR‑Zoned property allowing for short‑term vacation rentals, boutique hospitality, and NNN retail income.
  • Located steps from the Dunedin Causeway, beach, kayak launches, and Pinellas Trail, and walking distance to downtown Dunedin.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Entitled mixed-use development with townhomes, hotel, and retail space.
Where is this mixed-use property located?
The property is located at 265 CAUSEWAY Blvd Dunedin, FL.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: Fully entitled, shovel‑ready mixed‑use development including 12 luxury townhomes, a 7‑room boutique hotel, and a retail winery space.; STR‑Zoned property allowing for short‑term vacation rentals, boutique hospitality, and NNN retail income.; Located steps from the Dunedin Causeway, beach, kayak launches, and Pinellas Trail, and walking distance to downtown Dunedin.
More about this property
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