Price Reduced 6.86%
Price History
$525,000
4/23/2026
$515,000
5/14/2026
$489,000
6/4/2026
548 BAY STREET, Dunedin, FL, 34698
5 rooms
3 beds
2 Full baths
1957
Cottage
1,316 sqft
Under contract-accepting backup offers. 548 Bay St isn't your typical Dunedin, FL listing. It's two complete homes on one lot, not in a flood zone, and an 8-minute walk to Downtown Dunedin's restaurants, breweries, Friday night live music and the Gulf. The main house is a 2-bed, 1-bath bungalow in one of Pinellas County's most walkable neighborhoods. The detached accessory dwelling unit (ADU), built in 2022, functions as a private guest house or in-law suite with its own bedroom, full bath, living area, and kitchenette, and rents between $1,400-$2,000/month depending on the season, making it a turn-key income producer from day one. Both units allow 90-day minimum rentals, and owner-occupants of the main house can apply for a conditional use permit to unlock short-term rental income from the ADU, a rare setup in one of Florida's top vacation destinations. Six minutes to the Pinellas Trail, minutes to Honeymoon Island and the Gulf, and close to Blue Jays Spring Training, the Fenway Hotel, and Dunedin Golf Club. Two storage sheds handle the bikes, kayaks, and beach gear, and the spacious backyard is a blank canvas for whatever outdoor life you're envisioning. The front yard boasts a low maintenance native Florida garden. Two-home properties this close to downtown, outside the flood zone, almost never come to market in Dunedin, FL. Whether you're looking for your forever home, an investment property, multi-generational family living, or simply a home with built-in income, 548 Bay St delivers something genuinely hard to find. Recent improvements include A/C in 2025, hot water heater in 2022, kitchen appliances in 2024. Schedule your private showing today. Opportunities like this in Dunedin don't last.
Status:
Pending
Type:
Single-family residential
Furnished Remarks:
Negotiable
Laundry Remarks:
Laundry Room
Subdivision:
FOREE SUB
Garage:
Driveway
Heating:
Electric, Heat Pump
Cooling:
Central Air, Mini-Split Unit(s)
Levels:
1
Lot Size:
55 x 120
Acreage:
0.15
Est. Taxes:
$7,719
Construction
Wood Frame, Wood Siding
Utilities
Cable Connected, Electricity Connected, Sewer Connected
Lot Description:
City Lot, Landscaped, Sidewalk
Elementary School:
San Jose Elementary-PN
Middle School:
Dunedin Highland Middle-PN
High School:
Dunedin High-PN
Days on Market:
51
Pet Policy:
Yes
Appliances:
Dishwasher, Microwave, Range, Refrigerator
Min Lease Term:
3 Months
MLS #:
TB8500731
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Real Broker, LLC 855-450-0442