Dunedin Real Estate Search

Dunedin Multi-Family Properties for Sale

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Newest Dunedin Multi-Family Homes for Sale

$1,325,000
10 Beds 8 Baths Acreage SubDv. 34698 Zip Code
Discover a rare investment opportunity in the heart of Dunedin! This well-maintained 6-unit multifamily property offers an exceptional location just minutes from downtown Dunedin, local dining, shopping, entertainment, and the scenic Pinellas Trail. Situated in a highly desirable area, this property provides strong rental demand and an attractive cap rate opportunity for investors seeking reliable income. The property features three separate block construction buildings with all units separately metered, providing efficient management and tenant accountability. The six units include two 2-bedroom, 2-bath units, two 2-bedroom, 1-bath units, and two 1-bedroom, 1-bath units. Each unit has been cosmetically renovated within the last year and offers a large screened-in porch, creating desirable additional living space for tenants. The 2-bedroom, 2-bath units include private carports, while the remaining units offer dedicated parking pads. A shared community laundry room adds convenience and value for residents. The property is currently fully occupied and generating income, allowing a new owner to step in and immediately begin benefiting from this established rental opportunity. Located high and dry with no flooding during the seller’s ownership, this Dunedin multifamily property combines location, income potential, and long-term investment appeal. Opportunities to acquire a six-unit property in such a walkable and desirable Dunedin location are truly limited, don’t miss your chance to add this income-producing asset to your portfolio.

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
Exceptional duplex investment opportunity in one of Tampa Bay's most desirable coastal communities! Located just minutes from vibrant Downtown Dunedin, this solid block construction property sits in a non-flood zone and offers two units, each featuring 2 bedrooms, 1 bathroom, comfortable living spaces, and private entrances. Numerous updates have been completed in recent years, providing peace of mind for both owner-occupants and investors. Whether you're looking to offset your mortgage by living in one unit while renting the other, expand your investment portfolio, or capitalize on the area's strong rental demand, this versatile property offers outstanding potential. Dunedin continues to attract residents and visitors alike with its unique blend of small-town charm, waterfront beauty, and year-round activities. The location is a standout feature. Downtown Dunedin, less than 1 mile away, offers a lively collection of locally owned restaurants, cafés, breweries, boutiques, art galleries, and community events. Residents enjoy easy access to the Pinellas Trail, a popular multi-use trail that stretches through Pinellas County and connects numerous parks, restaurants, and entertainment destinations. The scenic Dunedin Marina and waterfront parks are just minutes away, providing beautiful sunset views and recreational opportunities along St. Joseph Sound. Outdoor enthusiasts will appreciate being only about 5 miles from the award-winning beaches and nature trails of Honeymoon Island State Park, one of Florida's most visited state parks featuring more than four miles of Gulf-front shoreline, kayaking, fishing, hiking trails, and access to nearby Caladesi Island. Clearwater Beach is approximately 7 miles away, while the historic Sponge Docks of Tarpon Springs are within a short drive, expanding the area's appeal for both residents and visitors. Known for its walkable downtown, waterfront parks, craft brewery scene, spring training baseball, festivals, and strong sense of community, Dunedin remains one of the Gulf Coast's most sought-after destinations. This property offers the rare combination of immediate income potential, flexible living arrangements, and an exceptional location in a thriving coastal market. Don't miss the opportunity to own a duplex in a city consistently recognized for its charm, lifestyle, and enduring appeal.

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

$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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