Dunedin FL Multi-Family Real Estate, Homes for Sale

4 Beds ⋅ 2 Baths ⋅ Broadway Add Resub SubDv. ⋅ 34698 Zip Code

Under contract-accepting backup offers. Investor’s Dream with Stunning Waterfront Park Views in the Heart of Dunedin! Welcome to 328 Pershing Street, a rare opportunity to own a beautifully renovated, fully furnished, turnkey duplex in one of Dunedin’s most sought-after locations. Perfectly positioned directly along the Pinellas Trail and overlooking Weaver Park with picturesque Intracoastal Waterway views, this exceptional property offers the ideal combination of lifestyle, flexibility, and outstanding investment potential. Short-term rentals are allowed, and this high-performing property generated an impressive $101,000 in gross rental income in 2024, making it an outstanding addition to any investment portfolio. From Jan 1st 2026 to June 30th 2026 the seller’s gross rental income was $56,032.39. Each side of the duplex features a stylish 2-bedroom, 1-bath open-concept floor plan with modern updates, tasteful furnishings, and move-in-ready finishes throughout. Whether you’re looking for a proven income-producing property, a vacation home, or a primary residence, you’ll appreciate the flexibility to live in one unit while renting the other to offset expenses or create passive income. The home has been thoughtfully upgraded with a brand-new dual-zone air conditioning system, providing independent climate control for each unit while maximizing comfort and efficiency. Outside, enjoy generous parking, inviting outdoor living spaces, and beautiful park and Intracoastal views just outside your door. Walk, bike, or jog the Pinellas Trail, stroll through Weaver Park, launch a kayak nearby, or take a quick golf cart ride to vibrant Downtown Dunedin with its award-winning restaurants, breweries, boutiques, marina, and year-round festivals. For additional peace of mind, this property sustained no damage from the recent hurricanes, making it an even more attractive investment. Whether you’re expanding your investment portfolio or searching for a unique coastal property with built-in income potential, 328 Pershing Street delivers the best of Dunedin living with exceptional returns, an unbeatable location, and endless possibilities.

328 Pershing Street, Dunedin

$1,325,000

10 Beds ⋅ 8 Baths ⋅ Acreage SubDv. ⋅ 34698 Zip Code

Exceptional opportunity to own a fully occupied six-unit multifamily property in the heart of one of Pinellas County's most desirable communities. Located at 149–155 New York Avenue in Dunedin, this rare investment opportunity consists of three separate duplexes situated on a generously sized parcel just minutes from downtown Dunedin, the Pinellas Trail, Honeymoon Island, Clearwater Beach, TD Ballpark, marinas, restaurants, breweries, shopping, and entertainment. 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.

153 New York Avenue, Dunedin

$649,000

6 Beds ⋅ 3 Baths ⋅ Dunedin Lakewood Estates 1st Add SubDv. ⋅ 34698 Zip Code

Turnkey duplex in the heart of Dunedin offering exceptional flexibility for investors, owner-occupants, and multi-generational living. Whether you’re building your portfolio, generating immediate cash flow, or living in one residence while renting the other, this property checks every box. Offering approximately 2,400± square feet, the property features two spacious residences, each providing nearly 1,200 square feet with private entrances and comfortable, well-designed layouts. The front residence offers 3 bedrooms and 1 bath, while the rear residence features 3 bedrooms and 1.5 baths, providing added flexibility for tenants and extended family alike. Inside, bright open living spaces are complemented by soaring vaulted ceilings that create an airy feel rarely found in duplexes. One residence has been beautifully updated with a modern kitchen featuring shaker cabinetry, stainless steel appliances, updated countertops, a contemporary tile backsplash, and a designer-inspired bathroom. The second residence is equally inviting, offering durable flooring, generous living spaces, and a well-maintained interior ready for immediate occupancy or continued rental income. Outside, mature shade trees, private outdoor spaces, separate laundry facilities, ample off-street parking, and attractive exterior updates make ownership easy while creating comfortable spaces for residents to enjoy. Best of all, the property is located in a No Flood Zone, offering added peace of mind and potential savings on insurance. Currently generating approximately $57,600 in annual gross rental income, this property delivers immediate cash flow with long-term upside in one of Pinellas County’s strongest rental markets The location is just as compelling as the investment. Walk to neighborhood restaurants, cafés, grocery stores, fresh markets, bowling, pizza, and everyday conveniences. When it’s time to unwind, hop on your golf cart or take a leisurely stroll into vibrant Downtown Dunedin, where waterfront sunsets, live entertainment, boutique shopping, craft breweries, and year-round festivals create an unmatched coastal lifestyle. Just minutes away are the Dunedin Marina, the Pinellas Trail, TD Ballpark—home of Toronto Blue Jays Spring Training—Honeymoon Island State Park, Caladesi Island, and the world-famous white sand beaches of Clearwater. Whether you’re expanding your investment portfolio or searching for a property that combines income potential with one of Florida’s most desirable lifestyles, this rare Dunedin duplex is an opportunity you won’t want to miss.

536 Patricia Avenue, Dunedin

$475,000

4 Beds ⋅ 2 Baths ⋅ Colonial Village 3rd Add SubDv. ⋅ 34698 Zip Code

Rare opportunity to own a duplex in one of Tampa Bay’s most sought-after coastal communities! This solid block construction property offers the perfect opportunity for buyers seeking to live in one side while generating rental income from the other, reducing monthly expenses while building long-term wealth. Investors will also appreciate the strong rental demand and exceptional location that continues to attract both residents and visitors to Dunedin. Located in a desirable non-flood zone area of Dunedin, this property offers two separate units, each featuring 2 bedrooms, 1 bathroom, comfortable living spaces, private entrances, separate laundry rooms, and backyards. Whether you are looking for an owner-occupied investment, multi-generational living, or an addition to your rental portfolio, this versatile property provides flexibility rarely found in this price range. The location is truly exceptional. Situated less than half a mile from the waterfront and vibrant Main Street Dunedin, residents can easily enjoy the city’s renowned restaurants, breweries, cafés, boutiques, galleries, festivals, and year-round community events. The property is also approximately a third of a mile from the TD Ballpark, that is the spring training home of the Toronto Blue Jays and Dunedin Blue Jays, and just moments from the Pinellas Trail, offering convenient access to miles of scenic paths connecting parks, recreation, dining, and entertainment throughout the county. Dunedin’s unique coastal lifestyle continues to make it one of the most desirable communities on the Gulf Coast. Golf carts are permitted throughout much of the city, adding to the convenience of enjoying nearby attractions, waterfront parks, the marina, and downtown amenities without always needing to get in the car. Outdoor enthusiasts will appreciate the short drive to Honeymoon Island State Park, featuring Gulf beaches, nature trails, kayaking, fishing, and access to Caladesi Island. Clearwater Beach and the historic Sponge Docks of Tarpon Springs are also nearby, providing even more options for recreation and entertainment. Dunedin properties in this prime location often command significantly higher prices, making this duplex an outstanding opportunity to own in a premier coastal community while creating immediate income potential. Whether you’re searching for an affordable path into Dunedin, a smart investment, or a property that combines lifestyle and financial benefits, this rare duplex delivers location, flexibility, and opportunity.

638 Dogwood Court, Dunedin

$3,750,000

Dunedin Causeway Center SubDv. ⋅ 34698 Zip Code

WATERFRONT INCOME. DEVELOPMENT POTENTIAL. ICONIC DUNEDIN LOCATION. Investor and developer opportunity positioned along the highly sought-after Dunedin Causeway. This rare, income-producing waterfront assemblage includes 2 parcels being sold together, currently configured as a waterfront main residence plus an adjacent income-producing multi-unit property with exceptional upside and long-term redevelopment potential. DEVELOPMENT & ZONING POTENTIAL: Zoned FX-M with short-term rentals approved, the property offers multifamily development potential for up to 10 units, making this a strategic acquisition for investors, developers, boutique hospitality operators, or buyers seeking scale in one of Tampa Bay’s most supply-constrained coastal corridors. PROPERTY CONFIGURATION: The income-producing building currently consists of 3 separate units, including 2 renovated 2-bedroom, 2-bath units that each accommodate up to 6 guests. *One unit features a modernized kitchen (2020), in-unit washer and dryer, new baseboards, and updated tile flooring. *The second includes a 2023 kitchen remodel, epoxy flooring, and in-unit laundry, making it ideal for short- or long-term leasing. *The third flexible unit functions as a versatile 1-bedroom, 1-bath space ideal for office, gym, or ancillary rental use, with plumbing already in place for washer/dryer installation. *The adjacent waterfront residence currently offers 3 bedrooms with the potential to add 3 additional bedrooms and can accommodate up to 10 guests, creating additional flexibility for expanded living, luxury rental use, or boutique hospitality potential. PROPERTY IMPROVEMENTS & FEATURES: Constructed with durable concrete block construction on slab, the property has been extensively improved with refreshed stucco and exterior paint (2022), impact-rated windows and doors (2015), 3 HVAC systems (2015), and separate electric meters for operational flexibility. Additional features include 6 dedicated parking spaces and a fully equipped RV hookup with 50-amp service, sewer, and water connections, expanding rental versatility. WATERFRONT LIFESTYLE: A heated saltwater pool and spa overlook the Intracoastal Waterway, while direct water access, a private dock, deep-water slips, boat lift, and jet ski lifts create exceptional boating appeal, recreational value, and strong lifestyle-driven rental demand. LOCATION & CONVENIENCE: Located just minutes from Downtown Dunedin, the property is within walking distance to waterfront dining, retail, marinas, entertainment, and the Pinellas Trail. Positioned adjacent to the Toronto Blue Jays Spring Training facilities and within a golf-cart-friendly community, the location continues to drive strong seasonal demand and premium rental rates. With flexible zoning, strong in-place income, irreplaceable waterfront positioning, and future redevelopment opportunity, this is a truly rare coastal investment opportunity along the iconic Dunedin Causeway. Property consists of 2 parcels being sold together, including 1 income-producing triplex property and 1 adjacent waterfront residence. The triplex includes 3 units: 2 renovated 2-bedroom, 2-bath units that each sleep up to 6 guests, plus 1 flexible unit with future 1-bedroom potential. The waterfront residence currently offers 3 bedrooms with the potential to add 3 additional bedrooms and can accommodate up to 10 guests.

439 Causeway Boulevard, Dunedin

$6,499,999

Sunny View Sub SubDv. ⋅ 34698 Zip Code

This is 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. 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.

950 Beltrees Street, Dunedin

$675,000

6 Beds ⋅ 3 Baths ⋅ Oakland Sub 2 SubDv. ⋅ 34698 Zip Code

Investment Opportunity in the Heart of Dunedin – Prime Duplex with Strong Returns LOCATION! LOCATION! LOCATION! Positioned in one of Pinellas County’s most desirable coastal communities, this exceptional duplex offers a rare blend of immediate income, future upside, and an unbeatable lifestyle setting. Just a short stroll, bike ride, or golf cart cruise to the vibrant downtown, you’ll enjoy effortless access to boutique shops, top-rated restaurants, local breweries, and the scenic Intracoastal Waterway. This income-producing property is ideal for investors seeking stability and growth: Strong ROI when fully rented with potentially a 8% Cap Rate Two separate electric meters for ease of management One unit fully remodeled and ready to command top market rent Second unit occupied by a long-term, established tenant providing immediate cash flow Spacious backyard with potential for enhanced outdoor living or added value Ample parking for tenants and guests Zoning presents an exciting opportunity, with potential for expansion up to 4 units (buyer to verify), making this not just a purchase—but a strategic investment in future development. Located in a non-flood zone (no flood insurance required), this property offers both peace of mind and reduced operating costs—an increasingly rare advantage in a coastal market. Dunedin continues to rank among the top destinations per the Pinellas County Visitors Bureau, known for its charming coastal vibe, community events, waterfront parks, and access to the Pinellas Trail. Please note: Showings are by appointment only. Do not disturb current tenant. This is your chance to secure a high-performing asset in a location that consistently attracts renters, tourists, and long-term growth.

1193 & 1195 Bass Boulevard, Dunedin

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