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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.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $540,000 | $540,000 | $540,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $499 | $499 | $499 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,109 | $3,458 | $4,484 |
| Total Monthly Payment | $3,700 | $4,049 | $5,075 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.