742 Main St, Dunedin, FL 34698
4 Unit Apartment Building | $1,425,000 ($356,250/Unit) | 6.84% Cap Rate | Dunedin, FL 34698
For Sale
Active
51 pictures
Asking Price $1,425,000
- Property Type
-
Multifamily
- Square Feet
- 2,543 SF
Listing Contacts
- Property Info
Property Overview
The 100% renovations (completed in 2022) were designed to optimize the property for S-T rental usage ranging from 3 days to 2 months. Both buildings were upgraded to like new condition, including the building structure to current FL code and furnishing to like new condition, which will deliver sustainable levels low repair / maintenance costs, including:
New Roof (Front Building)
New Plumbing Systems (Main Lines to Faucets)
New Electrical Systems (Panel to Outlets / Fixtures)
100% New Windows / Internal, External Doors (Current Code)
New HVAC / Mini-Splits
New Furnishing / Appliances throughout
New Flooring / Trim / Siding
The Downtown Core Zoning enables legal property use for S-T Rental less than 90 days and permits many additional commercial applications, Buyer should consult local authorities to verify specific land use information.
Cozy Coastal Cottage’s exceptional location provides walkable access to downtown Dunedin’s Historic Downtown District, which is nestled on the shores of the Gulf of Mexico and is a hidden gem located just north of St. Petersburg / Clearwater. Known for its small-town atmosphere, lively downtown and voted “The Best Little Walking Town in America,” Dunedin is a fun family centric destination that hosts celebrations, festivals and street fairs throughout the year. Spend time in the vibrant downtown district shopping, dining and dancing to live music, strolling through waterfront parks or enjoy the hopping Craft Brewing scene.
Investment Highlights
The property underwent a comprehensive renovation in 2022, which transformed it to an extraordinary vacation rental property in the heart of Dunedin.
The property is ideally located within walking distant to the vibrant Dunedin downtown restaurant, shopping, entertainment district and the beautiful sunsets across the FL inter-coastal waterway.
The improvements / location for this turnkey investment have generated exceptional financial performance and will sustain L-T operational / financial growth for potential investors.
Seller welcomes participation of realtors @ 3% commission.
New Roof (Front Building)
New Plumbing Systems (Main Lines to Faucets)
New Electrical Systems (Panel to Outlets / Fixtures)
100% New Windows / Internal, External Doors (Current Code)
New HVAC / Mini-Splits
New Furnishing / Appliances throughout
New Flooring / Trim / Siding
The Downtown Core Zoning enables legal property use for S-T Rental less than 90 days and permits many additional commercial applications, Buyer should consult local authorities to verify specific land use information.
Cozy Coastal Cottage’s exceptional location provides walkable access to downtown Dunedin’s Historic Downtown District, which is nestled on the shores of the Gulf of Mexico and is a hidden gem located just north of St. Petersburg / Clearwater. Known for its small-town atmosphere, lively downtown and voted “The Best Little Walking Town in America,” Dunedin is a fun family centric destination that hosts celebrations, festivals and street fairs throughout the year. Spend time in the vibrant downtown district shopping, dining and dancing to live music, strolling through waterfront parks or enjoy the hopping Craft Brewing scene.
Investment Highlights
The property underwent a comprehensive renovation in 2022, which transformed it to an extraordinary vacation rental property in the heart of Dunedin.
The property is ideally located within walking distant to the vibrant Dunedin downtown restaurant, shopping, entertainment district and the beautiful sunsets across the FL inter-coastal waterway.
The improvements / location for this turnkey investment have generated exceptional financial performance and will sustain L-T operational / financial growth for potential investors.
Seller welcomes participation of realtors @ 3% commission.
Property Details
- Year Built
- 1925
- Stories
- 1
- Lot Size (sq. ft)
- 4,792 SF
- Units
- 4
Highlights
- The property is ideally located within walking distance to the vibrant Dunedin downtown restaurant, shopping, entertainment district
- Location for this turnkey investment have generated exceptional financial performance
- Cozy Coastal Cottage’s exceptional location provides walkable access to downtown Dunedin’s Historic Downtown District, which is nestled on the shores
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