Fenced-Yard
437 2ND Avenue, Dunedin, FL 34698
For Sale
New
$550,000
Residential Income, DUNEDIN, FL
Property Size1,944 SF
Lot Size0.17 Acres
Price / SF$282.92
Days on Market2
Property Features for 437 2ND Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Exterior features
Fencing
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
enclosed porch
laundry room
washer/dryer
storage shed
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
KELLER WILLIAMS REALTY- PALM HARBOR
(727) 772-0772
Listed By:
Jaime Mumma · License #3175400
(727) 798-5292
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 2:06AM
MLS# TB8553881
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 block duplex in Dunedin contains two residences totaling 1,944 square feet on a 0.17-acre parcel. Each unit has two bedrooms, two full bathrooms, stainless steel appliances, an enclosed porch with glass sliders, a laundry room, and extra storage. Water and electric service are separately metered for each residence. Both units are vacant. The rear residence has been updated and opens to the fenced backyard; the fence layout can be changed. A storage shed and parking serve the property.
The property is within walking distance of the Blue Jays’ stadium, with downtown Dunedin, Edgewater Drive’s waterfront, and beaches accessible by golf cart. Dunedin has a 90-day minimum rental requirement.
The property is within walking distance of the Blue Jays’ stadium, with downtown Dunedin, Edgewater Drive’s waterfront, and beaches accessible by golf cart. Dunedin has a 90-day minimum rental requirement.
Key Highlights
- Two residences totaling 1,944 square feet on a 0.17‑acre parcel
- Each unit has 2 bedrooms, 2 full bathrooms, stainless steel appliances, an enclosed porch, and a laundry room
- Water and electric service are separately metered by unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,691
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,820
$453.8K
Cap Rate 7%
$324,157
$324.2K
Cap Rate 9%
$252,122
$252.1K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$34.8K $17.88/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$32.4K $16.67/SF
− OpEx
−$9.7K −$5.00/SF
NOI
$22.7K $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%
$453,820
Cap Rate 7%
$324,157
Cap Rate 9%
$252,122
Alternative Uses
Best Use
Multifamily LT 5
$324.2K
$283.6K – $378.2K
NOI $22,691 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$255.4K
$223.5K – $298.0K
NOI $17,879 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$505.6K
$442.4K – $589.9K
NOI $35,395 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
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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
$335,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Pinellas County, FL
Properties on Market for Duplexes in Pinellas County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are vacant and have two bedrooms, two bathrooms, laundry rooms, and enclosed porches.
Where is this duplex located?
The property is located at 437 2ND Avenue Dunedin, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two residences totaling 1,944 square feet on a 0.17‑acre parcel; Each unit has 2 bedrooms, 2 full bathrooms, stainless steel appliances, an enclosed porch, and a laundry room; Water and electric service are separately metered by unit
