UPDATED:
Key Details
Sold Price $1,205,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,440 sqft
Price per Sqft $271
Subdivision Acreage
MLS Listing ID TB8532775
Sold Date 09/30/26
Bedrooms 10
Construction Status Completed
HOA Y/N No
Year Built 1968
Annual Tax Amount $10,932
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
The property features approximately 4,440 square feet of living space and offers a highly desirable unit mix consisting of two two-bedroom, two-bath units, two two-bedroom, one-bath units, and two one-bedroom, one-bath units. The property is 100% occupied and has a proven history of strong rental demand, making it an excellent opportunity for investors seeking immediate cash flow, long-term appreciation, or both.
Extensive renovations have been completed throughout the property within the past six months. Improvements include new glue-down luxury vinyl plank flooring throughout all units, new kitchen cabinetry, updated countertops and fixtures, newer appliances installed between 2025 and 2026, updated bathrooms, and fresh interior paint throughout. Four of the units feature granite countertops. The exterior was professionally painted in 2025, recent tree trimming and site improvements have been completed, and the property has been proactively maintained with no known deferred maintenance.
Additional features include on-site coin-operated laundry, favorable wind mitigation characteristics, multiple HVAC systems replaced between 2021 and 2022, updated water heaters throughout the property, including a new installation in 2024, separately metered electric and water services, and minimal anticipated near-term capital expenditures. Situated within Flood Zone X, the property offers investors additional peace of mind while benefiting from a highly desirable location and strong demand fundamentals.
Positioned within the city's MF-15 multifamily zoning district, this turnkey investment provides a unique opportunity to acquire a stabilized income-producing asset in a location that continues to experience strong demand and limited inventory. Residents enjoy convenient access to waterfront parks, golf courses, medical facilities, major employment centers, downtown Clearwater, Palm Harbor, Tampa, and St. Petersburg, while also benefiting from Dunedin's vibrant coastal atmosphere and walkable lifestyle.
This is a rare opportunity to acquire a well-maintained multifamily asset in one of Tampa Bay's most sought-after markets. Financial information, lease information, and additional property details are available upon request. All measurements, zoning information, rental information, and future land-use possibilities should be independently verified by the buyer. Showings are by appointment only. Please do not disturb tenants.
Location
State FL
County Pinellas
Community Acreage
Area 34698 - Dunedin
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Thermostat
Heating Central, Electric, Ductless
Cooling Central Air, Wall/Window Unit(s)
Flooring Luxury Vinyl
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Laundry Common Area, Laundry Room, Outside
Exterior
Exterior Feature Lighting
Parking Features Common, Driveway, Guest, Off Street, Oversized, Parking Pad
Utilities Available Electricity Connected, Water - Multiple Meters
View Y/N No
Water Access No
Roof Type Shingle
Porch Covered, Enclosed, Front Porch, Patio, Porch, Screened
Garage false
Private Pool No
Building
Lot Description City Limits, In County, Irregular Lot, Level, Near Golf Course, Near Marina, Near Public Transit, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Completed
Schools
Elementary Schools Dunedin Elementary-Pn
Middle Schools Dunedin Highland Middle-Pn
High Schools Dunedin High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Special Funding
Listing Terms Cash, Conventional, Special Funding
Num of Pet 10+
Special Listing Condition None
Bought with Todd Lovinger KELLER WILLIAMS SOUTH TAMPA
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