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950 BELTREES STREET
DUNEDIN FL 34698 US

$8,590,000

Active Listing ID U8236506
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Lot: 2.26 Acres
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Multi Family

$8,590,000

Active Listing ID U8236506
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950 BELTREES STREET Klein and Heuchan presents 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. One unit has been significantly upgraded (see first page of interior pictures of marketing package). Half of the rest have been recently upgraded (see second page of interior pictures of marketing package). The remaining units are in good shape with long term tenants. Parking lot asphalt and sidewalks have recently been upgraded making the property better for tenants and insurance purposes. Currently leased to Annual Tenants, it's worth noting that the current rental rates significantly undersell the prevailing market rates, representing a considerable upside potential for investors. 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.

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Property Features

  • Facts
  • Lot Size: 2.26 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Multi Family

Property

  • propertytype: Commercial Sale
  • propertysubtype: Multi Family
  • listprice: 8590000
  • unparsedaddress: 950 BELTREES STREET
  • postalcity: DUNEDIN
  • stateorprovince: FL
  • country: US
  • postalcode: 34698
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.26
  • lotsizeunits: Acres
  • lotsizearea: 2.26
  • livingarea: 24943
  • livingareaunits: Square Feet
  • latitude: 28.005414
  • longitude: -82.7772
  • listagentfullname: Ulrike Cramer
  • listagentemail: ulicramer133@gmail.com
  • listagentkey: 3yd-PINELLAS-260046516
  • listagentmlsid: 260046516
  • listagentpreferredphone: 7272165934
  • listagentofficephone: 7274411951
  • listofficekey: 3yd-PINELLAS-257010046
  • listofficemlsid: 257010046
  • disclaimer: Copyright © 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PINELLAS
  • yearbuilt: 1989
  • listingcontractdate: 2024-03-26
  • countyorparish: Pinellas
  • parcelnumber: 35-28-15-87174-004-0050
  • constructionmaterials: Block
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.7772, 28.005414
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/PINELLAS/U8236506/?channel=rexren", "LeadRoutingEmail":"ulicramer133@gmail.com", "BrokerName":"Klein & Heuchan Inc Realty", "ListingTitle":"Multi-Family - DUNEDIN, FL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"msk@tampabay.rr.com", "ListOfficeAddress1":"25400 US 19 N #206", "ListOfficeAddress2":null, "ListOfficeCity":"Clearwater", "ListOfficePostalCode":"33763", "ListOfficeStateOrProvince":"FL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Klein & Heuchan Inc Realty", "ListBrokeragePhone":"727-441-1951", "ListBrokerageEmail":null, "ListBrokerageWebsiteUrl":null, "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageUnitNumber":null, "ListBrokerageCity":null, "ListBrokerageStateOrProvince":null, "ListBrokeragePostalCode":null, "ListBrokerageCountry":null, "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-26T13:05:09Z", "Taxes":[{"TaxYear":"2023", "TaxAnnualAmount":35782.78, "TaxDescription":null}]}
Listing Changed: 4/26/2024 6:36:16 PM GMT
Source Updated Date: 5/2/2024 6:59:26 AM GMT

Courtesy of: Ulrike Cramer, KLEIN & HEUCHAN, INC, ulicramer133@gmail.com

Copyright © 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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