1131 Broadway, Dunedin, FL 34698
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.