Pending

460 BELTREES ST

DUNEDIN FL, 34698

$925,000


$294.96 per sqft

Pending

8 Beds

4 Baths

3,136 sqft

Multi-family

Built in 1972

Under contract-accepting backup offers. Opportunity Found! Prime investment property in sought-after Dunedin. This beautiful 4-unit building offers exceptional appeal and is just blocks from the charming and eventful Downtown Dunedin. The units are all nicely sized with 2 bedrooms and 1 bath each. The kitchens feature white cabinetry, natural light, and an eating space. There are front-loading washers and dryers in each home, central AC units, ceiling fans, and flooring is either tile, LVP or carpet. Both upper and lower levels have desirable covered patio space at each door. The building is block construction and features a new roof installed in 2022 and an updated exterior paint. The structure is on a large corner lot with numerous oak trees, flowering bushes, and a grassy fenced yard. The grounds also provide plenty of off-street parking for tenants and guests, both cars and golf carts. This building had no damages from the recent storms and is not in a flood zone where lenders require flood insurance. The building has been professionally managed and is fully occupied by long-term tenants who pay for electric service, water, sewer, and internet bills. The landlord pays for trash dumpster, exterior lighting, and grounds care. The building is turn-key ready for the next investor to collect income from day 1. yet, it also could be a value-add opportunity for a savvy investor to modernize the units to maximize income. Location, location! Golf cart zoned for a quick ride to Main Street for dinner, the frequent festivals, or to one of the many breweries in Dunedin. Residents are next to the action for The Toronto Blue Jays' Spring Training games. Residents have nearby access to one of the best areas of the Pinellas Trail for biking or walking, and it's a quick walk to the water and the Dunedin Marina. This property is just down the street from Curtis Fundamental School and the Dunedin Library. This income-producing property has produced a consistent income with a very low vacancy rate for many years. Additional financial info is available. Please do not approach the building without an appointment in consideration of the residents. Hurry and contact us today to act on this one! Desirable, income-producing investments like this building are rarely available in Dunedin.

TB8336826

MLS ID

February 6, 2025

Listed

February 14, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

4


Interior Features

Ceiling Fans(s)


Appliances

Dryer, Electric Water Heater, Range, Washer


Laundry Description

Inside


Floor Description

Carpet, Ceramic Tile, Luxury Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

2.55 Acres


Exterior Features

Fence, Lighting


Roof

Shingle


Sewer

Public Sewer


Security

Smoke Detector(s)


Window

Blinds

School Information

High School

Dunedin High-PN


Elementary School

San Jose Elementary-PN

Other Property Details

Area Name

34698 - Dunedin


Taxes

$10,688


Tax Frequency

Annually


Days on Market

2


Association Fee Frequency

Monthly


Garage

No


Parking

Assigned, Off Street


View

No


County

Pinellas


Municipality

28


Water Source

Public


Pool

No


Utilities

Cable Available, Electricity Available, Public, Sewer Connected, Street Lights, Water Connected

Listing History

Date

Event

Price

2/10/2025

Pending

Listed by BIRCH REAL ESTATE SERVICES LLC
Listing Contact: 727-265-3144 

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