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638 DOGWOOD Court, Dunedin, FL, 34698
Block Duplex with Private Entrances

638 DOGWOOD Court Dunedin, FL 34698

For Sale
$475,000

MULTI_FAMILY - DUNEDIN, FL

Property Size1,392 SF
Lot Size0.10 Acres
Price / SF$341.24
Days on Market36

Property Features for 638 DOGWOOD Court

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Dining Room
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo
Exterior features
Fence, Private Yard
Fencing
Fenced
Appliances
Range, Refrigerator
Standard status
Active
APN
34-28-15-17517-000-0530
Size
1,392 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
COLONIAL VILLAGE 3RD ADD LOT 53
Tax Annual Amount
4392

Utilities

Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1970
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency: KELLER WILLIAMS REALTY- PALM HARBOR
Listed By: Gary Ubaldini · License #3007503
Added: Jun 20 Changed: Jul 25 Last Checked: Jul 25 at 1:06PM
MLS# TB8522332

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.


Investment Insights

Based on property information with market context.

This solid block duplex offers two separate units, each with 2 bedrooms, 1 bathroom, comfortable living spaces, and its own private entrance. The property includes numerous updates completed in recent years, providing added confidence for either owner-occupant or rental use.

Located at 638 DOGWOOD Court in Dunedin, Florida, the duplex is described as being in a non-flood zone. Downtown Dunedin is listed as less than 1 mile away, and the Pinellas Trail is noted as providing access through Pinellas County. The public remarks also reference nearby waterfront recreation, including Dunedin Marina and waterfront parks, and additional outdoor opportunities at Honeymoon Island State Park (about 5 miles away). Clearwater Beach is approximately 7 miles away, with Tarpon Springs’ Sponge Docks within a short drive.

The configuration and two separate entrances make the property suitable for flexible residential income or owner-occupant scenarios.

Key Highlights

  • Duplex built in 1970 with solid block and stucco construction
  • Two units, each with 2 bedrooms and 1 bathroom, plus private entrances
  • Non‑flood zone; public water and public sewer

Financial Insights For Multifamily LT 5

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 $24.9k $17.88
− Vacancy −$1.7k −$1.21
EGI $23.2k $16.67
− OpEx −$7.0k −$5.00
NOI $16.2k $11.67
1,392 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$232.1K
$203.1K – $270.8K (±1% cap)
NOI $16,248 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$182.9K
$160.0K – $213.4K (±1% cap)
NOI $12,802 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$362.1K
$316.8K – $422.4K (±1% cap)
NOI $25,345 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Law Firm Parking Lot & Garage Daycare Center Big Box & Wholesale Store Grocery & Convenience Store Food Market Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two updated 2BR/1BA units in solid block construction, each with a private entrance, in a non-flood zone.
Where is this duplex located?
The property is located at 638 DOGWOOD Court Dunedin, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Duplex built in 1970 with solid block and stucco construction; Two units, each with 2 bedrooms and 1 bathroom, plus private entrances; Non‑flood zone; public water and public sewer
More about this property
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