885 Beltrees Street, DUNEDIN, FL

$3,700,000

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8,836

Square feet

0.68

Acres

About 885 Beltrees Street

Charming Multifamily Investment Opportunity in Dunedin, FL Discover the perfect blend of steady revenue and lucrative potential with this exquisite 16-unit multifamily residence at 885 Beltrees St, Dunedin. Strategically located just moments from the vibrant downtown area and the serene waterside, this property presents a unique investment opportunity. Currently fully occupied with stellar tenants, the building offers a mix of long-term stability and high-yield short-term rental possibilities, ideal for catering to honeymooners and vacationers drawn to nearby Clearwater. Significant capital improvements underscore the building’s value, with recent installations including four new roofs and modern air conditioning systems across all units. Notably, 12 of the 16 units have been thoughtfully upgraded, enhancing appeal and comfort. The proximity to local attractions, combined with the charm of Dunedin’s bustling community life and scenic vistas, makes this property highly attractive. Optimized Living with Future Enhancements Investors will appreciate the proactive maintenance efforts: a new fence installation is underway to replace minor hurricane damage, ensuring enhanced security and privacy for residents. This update, along with new pavement for the back apartments, will be completed soon, offering the new owner peace of mind and minimal upkeep requirements. Despite its proximity to coastal weather influences, the property has sustained virtually no damage, standing in mint condition and ready for immediate occupancy. This property not only promises consistent income through its existing tenancies but also holds potential for significant returns on short-term rentals, thanks to its prime location near top-rated beaches, eclectic shops, and gourmet dining. The dual rental strategy enables balancing reliable income with high-profit short-term accommodations, making it an ideal choice for savvy investors seeking to capitalize on Florida’s booming rental market. Disclosure: The new fence installation is a response to minor hurricane damage; no other impacts have been noted. This timely enhancement, along with the strategic location and substantial upgrades, firmly positions 885 Beltrees St as a premier property in Dunedin’s competitive real estate market. Disclaimer: All information is believed to be accurate but may be subject to verification and change.

Features of 885 Beltrees Street

MLS® # TB8325784
Price $3,700,000
Square Footage 8,836
Acres 0.68
Year Built 1967
Type Commercial Sale
Sub-Type Multi Family
Status Active
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Listing Details

OfficeLOMBARDO TEAM REAL ESTATE LLC

Listing Map

Neighborhood Information for 885 Beltrees Street

Low Residential Turnover, Coastal Area, Suburb of Tampa

Weather

Highs


January 71.60℉
July 91.30℉

Lows


January 73.60℉
July 73.60℉
rain icon

Precipitation


52.42

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Dunedin Highland Middle School

Public - 6Th Grade to 8Th Grade - Closest Middle School
0 Miles
Great School

Cornerstone Christian School

Private - Preschool to 12Th Grade - Closest Elementry School
0 Miles
Great School

Dunedin Elementary School

Public - Preschool to 5Th Grade
1 Miles
Great School

Curtis Fundamental Elementary School

Public - Kindergarten to 5Th Grade
1 Miles
Great School

Academie Da Vinci Charter School

Public - Kindergarten to 7Th Grade
1 Miles
Great School

Calvin A. Hunsinger School

Public - Kindergarten to 12Th Grade
1 Miles
Great School

Discovery Academy Of Science Charter School

Public - Kindergarten to 12Th Grade
1 Miles

School data provided by GreatSchools

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