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3-Unit Triplex with Separate HVAC
New
For Sale
$729,000

3052 PARK Lane, Dunedin, FL 34698

Residential Income, DUNEDIN, FL

Property Size2,542 SF
Lot Size0.19 Acres
Price / SF$286.78
Days on Market6

Property Features for 3052 PARK Lane

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Dining Room, Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 4
Parking features Driveway, Guest, Assigned, On Street
Patio and Porch features Porch, Patio
Interior features Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
Exterior features Lighting, Sidewalk
Appliances Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Subdivision RESORT LAKE ESTATES
Lot features In County, Sidewalk, Paved, Unincorporated
Elementary school Curlew Creek Elementary-PN
Middle school Palm Harbor Middle-PN
High school Dunedin High-PN
Directions From US-19: Head west on Curlew Rd for about 0.6 miles. Turn left (south) onto Belcher Rd and continue about 1.2 miles. Turn left onto Park Ln. The property will be on the left. From Alt US-19: Head east on Curlew Rd for about 2 miles. Turn right (south) onto Belcher Rd and continue about 1.2 miles. Turn left onto Park Ln. The property will be on the left.
Standard status Active
APN 19-28-16-74385-000-0170
Size 2,542 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description RESORT LAKE ESTATES LOT 17
Tax Annual Amount 4682
Legal Description RESORT LAKE ESTATES LOT 17

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

front and rear porches
patio
landscaped grounds
in-unit laundry hookups

Building Details

Year built 1973
Floors in Building 1
Flooring type Laminate, Tile - Ceramic
Building materials Block, Stucco
Roof type Shingle
Listing Agency: HOMECOIN.COM
Listed By: Jonathan Minerick · License #01523060
Added: Oct 12 Changed: Oct 16 Last Checked: Oct 17 at 2:06AM
MLS# TB8557182

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.

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Investment Insights

Based on property information with market context.

This Dunedin triplex contains three residences, each configured with two bedrooms and one bathroom. The 2,542-square-foot building has concrete block and stucco construction on a slab foundation, with a shingle roof replaced in 2020. Each unit has central air conditioning and a separate electric meter; the three units share a water inlet. Laundry hookups are provided in each residence, and interiors include open living and dining areas, ceramic tile flooring, wood cabinets, and solid surface counters. Appliances include a range, refrigerator, dishwasher, disposal, and microwave.

The property occupies a 0.19-acre lot and is zoned R-4. Outdoor features include front and rear porches, a patio, and landscaped grounds. A driveway provides assigned parking for residents, with additional space for guests. The property is in flood zone X and has public water and sewer service.

Key Highlights

  • Three 2‑bedroom, 1‑bath units in 2,542 square feet
  • 0.19‑acre lot zoned R‑4
  • Separate electric meters and central AC systems for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,671
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,420 $593.4K
Cap Rate 7%
$423,871 $423.9K
Cap Rate 9%
$329,678 $329.7K
Market Conditions
NOI Build-Up for 2,542 SF
Gross rent
$45.5K $17.88/SF
− Vacancy
−$3.1K −$1.21/SF
EGI
$42.4K $16.67/SF
− OpEx
−$12.7K −$5.00/SF
NOI
$29.7K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,420
Cap Rate 7%
$423,871
Cap Rate 9%
$329,678

Alternative Uses

Best Use
Multifamily LT 5
$423.9K
$370.9K – $494.5K (±1% cap)
NOI $29,671 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$334.0K
$292.2K – $389.7K (±1% cap)
NOI $23,379 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$661.2K
$578.6K – $771.4K (±1% cap)
NOI $46,284 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Restaurant Grocery & Convenience Store Barber Shop Locksmith Catering Service

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

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

922
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each residence has its own electric meter, central air conditioning, and in-unit laundry hookups.
Where is this triplex located?
The property is located at 3052 PARK Lane Dunedin, FL.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Three 2‑bedroom, 1‑bath units in 2,542 square feet; 0.19‑acre lot zoned R‑4; Separate electric meters and central AC systems for each unit
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