Price Reduction
Address
950 Beltrees STREET, DUNEDIN, FL
Price
$ 8,590,000
Property Attributes
- MLS#U8236506
- TypeCommercial
- CountyPINELLAS
- CityDUNEDIN
- AreaDunedin
- NeighborhoodSunny View Sub
- Zip34698
- StyleMulti Family
- Year Built1989
- Taxes$ 35782
- Price$ 8,590,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage24943
- Lot Size2.26 Acres
Data Source:
Stellar MLS
Property Description
Klein and Heuchan presents an exceptional opportunity to acquire a multi-family property situated in Dunedin, Florida, renowned as one of the most vibrant rental markets within the Tampa Bay area. Comprising eight block buildings, the property boasts a total of (12) spacious three-bedroom, two-bathroom units, and (13) two-bedroom, two-bathroom units. Each unit features a kitchen/great room concept and generous walk-in closets, providing an attractive living space for tenants. Furthermore, with two bathrooms in each unit, this layout is highly sought-after among renters. All units are conveniently located on the ground floor with large fully fenced yards, enhancing the appeal of the property. One unit has been significantly upgraded (see first page of interior pictures of marketing package). Half of the rest have been recently upgraded (see second page of interior pictures of marketing package). The remaining units are in good shape with long term tenants. Parking lot asphalt and sidewalks have recently been upgraded making the property better for tenants and insurance purposes. Currently leased to Annual Tenants, it's worth noting that the current rental rates significantly undersell the prevailing market rates, representing a considerable upside potential for investors. Strategically positioned in downtown Dunedin, residents will enjoy proximity to various attractions including Honeymoon Island, ranked as the #1 State Park in Florida, along with Caladesi Island and the Pinellas Trail. In summary, this property presents an outstanding investment opportunity in one of the most desirable locations within Tampa Bay.
| Price History | |
|---|---|
| 3/28/2024 | Listed $9,990,000 |
| 4/26/2024 | 15% - $8,590,000 |
General Features
| Cooling | Central Air |
|---|---|
| Construction Materials | Block |
| Year Built | 1989 |
| Property SubType | Multi Family |
| Tax Year | 2023 |
| Percent Ownership | Sole Proprietor |
| County | Pinellas |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | SUNNY VIEW SUB |
| Status | Active |
| Directions | Just North on Beltrees |
| City | DUNEDIN |
| Buyer Agent Compensation | 1.5% |
| MLS Area | 34698 - Dunedin |
| Lot Size Square Feet | 98620 |
| Waterfront Y/N | No |
| Street Name | Beltrees |
| Tax Annual Amount | 35782.78 |
| Public Remarks | Klein and Heuchan presents an exceptional opportunity to acquire a multi-family property situated in Dunedin,Florida,renowned as one of the most vibrant rental markets within the Tampa Bay area. Co |
| Days on Market | 30 |
| Standard Status | Active |
| Tax Lot | 5 |
| Legal Description | SUNNY VIEW SUB 16043/1988) BLK D,LOTS 5 THRU 13 TOGETHER WITH W 104FT OF S 418FT OF LOT 5 OF I HELLERS SUB ALL LESS THOSE PARTS LYING WITHIN 40FT OF S LINE OF NW 1/4 OF SEC FOR RD R/W (PER OR'S 15972 |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | Yes |
| Street Suffix | STREET |
| Living Area Units | Square Feet |
Exterior Features
| Lot Size Area | 2.264 |
|---|---|
| Foundation Details | Slab |
| Number of Buildings | 8 |
| Building Area Total | 24943 |
| Lot Size Acres | 2.26 |
| Road Surface Type | Asphalt |
| Lot Size Units | Acres |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 34698
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on April 28, 2024 1:38 PM UTC The listing information on this page last changed on Last updated on April 28, 2024 1:38 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on April 28, 2024 1:38 PM UTC
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
