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    OFF-MARKET
    Commercial real estate

    1131 Broadway, Dunedin, FL 34698

    2,576 SF
    Property ID
    US18-8945195
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 2,576 square foot multifamily property situated on a generous 7,501 square foot lot in the heart of Dunedin, Florida. The property comprises two buildings housing four rental units, presenting immediate income potential. Its strategic location offers unparalleled convenience, being just a minute's walk from the scenic Pinellas Trail and a short five-minute stroll to the vibrant Downtown Dunedin area. The property boasts Tourist Facilities (TF) zoning, unlocking a diverse range of permitted uses beyond multifamily dwellings. These include bed and breakfasts, retail spaces (shops or banks), bars, taverns, and nightclubs (with specific operational restrictions), craft breweries, wineries, distilleries, restaurants, performance arts facilities, recreation establishments, fitness centers, and short-term rentals. Surface parking is available, enhancing the property's appeal. The property's transit-accessible location further adds to its desirability. The asking price is $975,500. All zoning and land use information should be independently verified by the buyer with the relevant local authorities. Owner financing may be considered. This is a rare chance to acquire a versatile property in a thriving Florida community.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,576 SF
    UPID US18-8945195
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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