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Updated Duplex with Separate Meters

332 ACROPOLIS Drive, Dunedin, FL 34698

For Sale
$672,500

Residential Income, DUNEDIN, FL

Property Size1,990 SF
Lot Size0.17 Acres
Price / SF$337.94
Days on Market51

Property Features for 332 ACROPOLIS Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 1
Interior features Ceiling Fans(s)
Exterior features Sidewalk
Directions Main St(580), S on Patricia, W on Beltrees, Left on Acropolis to Address.
Subdivision 34698 - Dunedin
Standard status Active
APN 34-28-15-00000-410-0900
Size 1,990 SF
Lot size 0.17 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities water, electricity

Taxes and HOA fees

Tax Year 2025
Tax Description W 115FT OF E 230FT OF S 75 FT OF N 321FT NE 1/4 OF SE 1/4 OF SEC 34-28-15 LESS E 15FT THEREOF FOR ACROPOLIS DR R/W
Tax Annual Amount 10561
Legal Description W 115FT OF E 230FT OF S 75 FT OF N 321FT NE 1/4 OF SE 1/4 OF SEC 34-28-15 LESS E 15FT THEREOF FOR ACROPOLIS DR R/W

Utilities

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

Amenities

updated kitchens
in-unit laundry
brand-new AC systems

Building Details

Year built 1972
Building materials Block, Stucco
Roof type Shingle
Listing Agency: DALTON WADE INC
Listed By: Nina Ibrahimbegovic · License #3303852
Added: Sep 18 Changed: Nov 7 Last Checked: Nov 7 at 2:06AM
MLS# TB8549580

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 1,990-square-foot duplex on a 0.17-acre lot was built in 1972 and contains two rental units: a three-bedroom, two-bath residence and a two-bedroom, one-bath residence with an additional bonus room. Both sides include updated kitchens, in-unit laundry, ceiling fans, and central air conditioning. Block and stucco construction, a shingle roof, public water, and public sewer serve the property.

The units have separate water and electric meters, and tenants pay their own utilities. Long-term tenants are in place, with professional management currently overseeing the property. Located in Dunedin, the duplex is near downtown Dunedin, the Pinellas Trail, and Gulf beaches.

Key Highlights

  • 1,990‑square‑foot duplex on a 0.17‑acre lot
  • Two units: 3‑bedroom/2‑bath and 2‑bedroom/1‑bath with bonus room
  • Updated kitchens and in‑unit laundry in both residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,228
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,560 $464.6K
Cap Rate 7%
$331,829 $331.8K
Cap Rate 9%
$258,089 $258.1K
Market Conditions
NOI Build-Up for 1,990 SF
Gross rent
$35.6K $17.88/SF
− Vacancy
−$2.4K −$1.21/SF
EGI
$33.2K $16.67/SF
− OpEx
−$10.0K −$5.00/SF
NOI
$23.2K $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%
$464,560
Cap Rate 7%
$331,829
Cap Rate 9%
$258,089

Alternative Uses

Best Use
Multifamily LT 5
$331.8K
$290.4K – $387.1K (±1% cap)
NOI $23,228 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$261.5K
$228.8K – $305.0K (±1% cap)
NOI $18,302 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$517.6K
$452.9K – $603.9K (±1% cap)
NOI $36,233 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

939
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

Average Price Trend$/SF for Duplexes in Pinellas County, FL

$365 Jul
$346 Aug
$346 Sep
$355 Oct

Properties on Market for Duplexes in Pinellas County

Jul
Aug
Sep
Oct

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?
Duplex - Two occupied rental units include updated kitchens, in-unit laundry, and central air conditioning.
Where is this duplex located?
The property is located at 332 ACROPOLIS Drive Dunedin, FL.
What is the asking price?
The asking price for this property is $672,500.
What are key features of this property?
This property features: 1,990‑square‑foot duplex on a 0.17‑acre lot; Two units: 3‑bedroom/2‑bath and 2‑bedroom/1‑bath with bonus room; Updated kitchens and in‑unit laundry in both residences
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