Beltrees
Dunedin 16-Unit | Cash Flow + Potential STR Zoning Near Honeymoon Island
Marketing description
885 Beltrees Street | 16 Units | Dunedin, FL
885 Beltrees Street has been repositioned and reintroduced to the market at a new price of $3,550,000, offering a compelling opportunity for investors seeking both stable in-place income and potential upside.
The property is currently operating as a fully occupied, cash-flowing long-term rental, with 12 of the 16 units renovated. Constructed with durable block concrete and not located in a flood zone, the asset provides a strong operational foundation.
What differentiates this opportunity is its location.
Situated just minutes from downtown Dunedin, known for its walkable charm, breweries, and waterfront, and in close proximity to Honeymoon Island, Caladesi Island, and Clearwater Beach, the property is positioned within one of Tampa Bay’s most active tourism corridors.
Based on current understanding, the property appears to be located within a zoning area that allows short-term rentals, which is uncommon in Dunedin. This creates a unique opportunity for investors to continue operating as a stabilized long-term rental while exploring potential hospitality-driven upside.
Buyer to independently verify all zoning, permitted use, and short-term rental regulations with the City of Dunedin.
Additional upside includes the potential to add an on-site laundry facility for increased ancillary income.
Investment highlights
- 16 Units | 12 Renovated
- Fully Occupied | Cash-Flowing LTR
- Block Construction
- Not Located in Flood Zone
- Minutes to Downtown Dunedin
- Close to Honeymoon Island, Caladesi & Clearwater Beach
- Potential STR Zoning Area (Buyer to Verify)
- Value-Add: Laundry Income Opportunity
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