Homes for sale - 1600 PASADENA DR, Dunedin, FL 34698

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Lisbeth Rios

LPT Realty

lrios.flre@gmail.com +1(407) 922-4555

$888,000

Est. payment - /mo

1,785 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,785 sqft

Price per Sqft $497

Subdivision Dunedin Isles 1

MLS Listing ID TB8375710

HOA Y/N No

Originating Board Stellar MLS

Year Built 1950

Annual Tax Amount $10,463

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Triplex

Property Description

Turnkey Dunedin Triplex – Located in the beloved Dunedin Golf Cart Zone, steps from the waterfront and perched on the Pinellas Trail this is an Exclusive 5-star rated investment or lifestyle opportunity! This rare triplex is situated a block from the scenic 36-mile Pinellas Trail and just steps from stunning sunset views across St. Joseph's Sound. Built of solid cement block in a ranch-style layout, it offers three fully separate private units with no shared living space—ideal for full-time rental income, a hybrid live-and-rent setup, or a multigenerational lifestyle home. Zoned for short-term 90-day rentals and located outside the flood zone, this property has NO history of storm-surge or water damage. Its unbeatable location and proven cash flow deliver strong ROI and peace of mind. High ROI & Financing Advantage Net Operating Income (NOI) of 6.7%+ with upside potential; assumable 5.25% mortgage available to qualified buyers—a rare financing opportunity in today's market. Live in one unit while renting the others or lease all three for maximum income. The MAIN HOME features 3 bedrooms, private entry, full kitchen, spacious living areas, modern coastal décor, and its own fenced yard. Cement block construction ensures quiet, durable, low-maintenance living. STUDIO A is a newly built Tiny-House–style loft unit with modern finishes, private entrance, and a large yard shared with Studio B. STUDIO B is a single-level, fully furnished studio apartment with a 94% occupancy rate, private entrance, and access to the shared backyard. No units share interior space—each is completely self-contained. Both studios boast new kitchens and HVAC systems. Proven Performance & Guest Appeal Consistently 5-star reviewed on Airbnb and VRBO. High-season bookings are secured a year in advance for the main house and Studio B and returning-guest waitlists keep vacancy low. Walk, bike or golfcart to downtown Dunedin's award-winning breweries, restaurants, boutiques, art galleries, and community events. Minutes from Honeymoon Island, Clearwater Beach, and the Marina. Close to the American Legion, parks, and seasonal festivals. The published expected rent is based on current annual rates. The property has a history of much higher rental rates on shorter stays. Whether you're an investor seeking reliable cash flow, a snowbird wanting built-in rental income, or a local looking for a smart live-and-rent arrangement, this Dunedin triplex delivers location, lifestyle, flexibility, and financial performance.

Location

State FL

County Pinellas

Community Dunedin Isles 1

Area 34698 - Dunedin

Zoning R-60

Interior

Interior Features Ceiling Fans(s), Stone Counters, Thermostat

Heating Central, Electric, Natural Gas, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Furnishings Furnished

Fireplace false

Appliance Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Laundry Laundry Room, Outside

Exterior

Exterior Feature Fence, Sidewalk

Parking Features Driveway

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Public, Sewer Connected, Water Connected

Roof Type Shingle

Attached Garage false

Garage false

Private Pool No

Building

Lot Description Corner Lot, City Limits, Landscaped, Level, Near Golf Course, Near Public Transit, Sidewalk, Street Brick

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Assumable, Cash, Conventional

Listing Terms Assumable, Cash, Conventional

Special Listing Condition None

Virtual Tour https://promotion-media.aryeo.com/videos/01964028-fb0b-71b9-b87b-71c7fa3217e9

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Listed by HOMEFRONT REALTY

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Lisbeth Rios

+1(407) 922-4555

Agent | License ID: SL3338672

Agent License ID: SL3338672

1600 PASADENA DR Dunedin, FL 34698

Lisbeth Rios

Key Details

Location

Interior

Exterior

Building

Others

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1600 PASADENA DR