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719 DOUGLAS AVE Dunedin FL 34698

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Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Building SqFt 3,564
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 2021
Sale NOI ******
Days on Market ******
Latitude 28.0111
Longitude -82.7879

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building, Single Family Rental Portfolio
Asking Details
Asking Cap Rate
******
Marketing Description

$176K PRICE REDUCTION

The Multifamily Firm is pleased to present the Little Blue Hideaway, a rare newly built vacation rental property in downtown Dunedin, Florida. Constructed in 2021, the property consists of 4 two-story buildings, each with a loft-style unit, and features towering ceilings, an open-concept floorplan, private outdoor porch, balcony, or patio, private driveway with dedicated parking and a tranquil in-ground swimming pool surrounded by lush tropical landscaping. Additionally, the property generated an impressive $250K in gross income in Jan-Dec 2024.

The Little Blue Hideaway is ideally positioned in a non-flood zone, just a short walk from the waterfront, and in the highly demanded “Downtown Core” zoning district, which is one of the few districts in Dunedin that allows transient use / short-term rentals (Defined as Less than 90-days/3 Months in Dunedin). Additionally, the property is just steps from Main Street, the downtown market and many of Dunedin’s best restaurants, breweries, shops and activities!

View “Offering Memorandum” for Full Details & Financial Information!

Investment Highlights

$176K PRICE REDUCTION!!

  • Generated an Impressive $250K in Gross Income Over the Past Year (2024)

  • Rare Newly Built, Pristine Vacation Rental Property in Downtown Dunedin, FL

  • Highly Favorable DC Zoning, Allowing for Transient Use/Short-Term Rentals (Short-Term = Less than 90-days/3 Months - City of Dunedin)

  • Non-Flood Zone Location, Perfectly Positioned within 8-Minute Walk of the Waterfront

  • Limited Competition Due to Restrictive Short-Term Rental Zoning—High Barrier to Entry Market

  • 2021 Construction Buildings w/ Loft Style Units, Towering Ceilings & Open Concept Floorplans

  • Tranquil In-Ground Swimming Pool & Sun Deck, Surrounded by Lush Tropical Landscaping

  • Consists of 4 Two-Story Buildings w/ 1-Unit in Each Building on 1 Parcel Totaling 0.28-acres

  • Stylish Modern Furnishings with Coastal Chic Décor, Complemented by Large Windows that Flood the Space w/ Natural Light

  • Private Outdoor Porch/Balcony or Patio & Private Driveway with Dedicated Parking

  • Within Steps of Main Street, the Downtown Market & Dunedin’s Top Restaurants, Breweries, Shops & Activities

  • 0.3 Miles from the Dunedin Marina & Edgewater Park

  • 0.5 Miles from the New TD Ballpark, Spring Training Home of the Toronto Blue Jays

  • 13-Minutes from Clearwater Beach, Honeymoon Island, Dunedin & Oasis Beach

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
KK
Kyle Keelan PRO
•••.•••.5953
Kyle@•••••••••••••••.com
Brokerage logo
Sold on
 BY:
PG
Phil Ginexi PRO
•••.•••.6160
Phil@•••••••••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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Dunedin, FL median rent ********
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National median ********
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Dunedin, FL (this market)
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Studio ******** 1 bed ******** 2 bed ********
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