Description
Under contract-accepting backup offers. Exceptional opportunity to own a fully occupied six-unit multifamily property in the heart of one of Pinellas County's most desirable communities. Located at 149-155 New York Avenue in Dunedin, this rare investment opportunity consists of three separate duplexes situated on a generously sized parcel just minutes from downtown Dunedin, the Pinellas Trail, Honeymoon Island, Clearwater Beach, TD Ballpark, marinas, restaurants, breweries, shopping, and entertainment. The property features approximately 4,440 square feet of living space and offers a highly desirable unit mix consisting of two two-bedroom, two-bath units, two two-bedroom, one-bath units, and two one-bedroom, one-bath units. The property is 100% occupied and has a proven history of strong rental demand, making it an excellent opportunity for investors seeking immediate cash flow, long-term appreciation, or both. Extensive renovations have been completed throughout the property within the past six months. Improvements include new glue-down luxury vinyl plank flooring throughout all units, new kitchen cabinetry, updated countertops and fixtures, newer appliances installed between 2025 and 2026, updated bathrooms, and fresh interior paint throughout. Four of the units feature granite countertops. The exterior was professionally painted in 2025, recent tree trimming and site improvements have been completed, and the property has been proactively maintained with no known deferred maintenance. Additional features include on-site coin-operated laundry, favorable wind mitigation characteristics, multiple HVAC systems replaced between 2021 and 2022, updated water heaters throughout the property, including a new installation in 2024, separately metered electric and water services, and minimal anticipated near-term capital expenditures. Situated within Flood Zone X, the property offers investors additional peace of mind while benefiting from a highly desirable location and strong demand fundamentals. Positioned within the city's MF-15 multifamily zoning district, this turnkey investment provides a unique opportunity to acquire a stabilized income-producing asset in a location that continues to experience strong demand and limited inventory. Residents enjoy convenient access to waterfront parks, golf courses, medical facilities, major employment centers, downtown Clearwater, Palm Harbor, Tampa, and St. Petersburg, while also benefiting from Dunedin's vibrant coastal atmosphere and walkable lifestyle. This is a rare opportunity to acquire a well-maintained multifamily asset in one of Tampa Bay's most sought-after markets. Financial information, lease information, and additional property details are available upon request. All measurements, zoning information, rental information, and future land-use possibilities should be independently verified by the buyer. Showings are by appointment only. Please do not disturb tenants.
Details
| MLS # | TB8532775 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active Under Contract |
| Year | 1968 |
| Days On Site | 65 |
| Listing Provided By | CHARLES RUTENBERG REALTY INC | Lance Willard LLC |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 4,440 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 6 |
| Acreage | 0.47 |
| Golf Course | Yes |
Taxes
| Property | 10932 |
|---|
Area Information
| State | FL |
|---|---|
| County | Pinellas |
| City | DUNEDIN |
| Zip Code | 34698 |
| Area | 34698 Dunedin |
| Community Name | ACREAGE |
| School District | Dunedin High-PN |
| Elementary School | Dunedin Elementary-PN |
| High School | Dunedin High-PN |
| Listing VS Median (in ACREAGE) | |
Price: $1,325,000 low | high Med: $454,950 sqft: 4,440 low | high Med: 1,979 $ / sqft: $298 low | high Med: $238 On site: 65 low | high Med: 41 | |
Market Activity 34698
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Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 29, 2026 at 2:58:41 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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Learn More About This Property
| State | FL |
|---|---|
| County | Pinellas |
| City | DUNEDIN |
| Zip Code | 34698 |
| Area | 34698 Dunedin |
| Community Name | ACREAGE |
| School District | Dunedin High-PN |
| Elementary School | Dunedin Elementary-PN |
| High School | Dunedin High-PN |
| Listing VS Median (in ACREAGE) | |
Price: $1,325,000 low | high Med: $454,950 sqft: 4,440 low | high Med: 1,979 $ / sqft: $298 low | high Med: $238 On site: 65 low | high Med: 41 | |