885 Beltrees St Dunedin, FL 34698
- Multifamily properties
- 8,836 SF
- 0.68 lot acres
Current Use by Public Records
- Gios multitask lawn & landscaping / Landscaper
- Impact Mobile Web / Website Designer
- Psychic liz / Psychic
Property Details for 885 Beltrees St
- Year built
- 1967
- Lot size
- 0.68 lot acres
- Property size
- 8,836 SF
- Property type
- Multifamily properties
Description
This exceptional 16-unit multifamily property in Dunedin, FL, presents a compelling investment opportunity. Boasting 8,836 square feet on a 0.68-acre lot, the property is strategically located near downtown and the waterfront, offering easy access to Clearwater's attractions. Currently fully occupied with a mix of long-term and short-term rental potential, this property provides a steady income stream. Significant recent improvements include four new roofs and updated air conditioning systems in all 16 units. Ten units have also undergone thoughtful upgrades, enhancing their appeal and comfort. A new fence is currently under construction, replacing minor hurricane damage, and new pavement for the rear apartments is nearing completion. Despite its coastal location, the property sustained minimal hurricane damage and is in excellent condition. The property's proximity to beaches, shops, and restaurants makes it ideal for both long-term and short-term rentals, maximizing return on investment. This presents a rare chance to acquire a well-maintained, high-performing multifamily property in a thriving Florida market, offering a blend of stability and high-growth potential. The asking price is $4,100,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dunedin
- County
- Pinellas
- State
- Florida
- Longitude
- -82.77625
- Latitude
- 28.00435
