2005 McMullen Ave, Dunedin, FL 34698

McMullen Avenue Townhomes – Premier 12-Unit Investment Opportunity in Dunedin

Positioned in one of Tampa Bay’s most desirable coastal submarkets, McMullen Avenue Townhomes offers investors a rare opportunity to acquire a well-maintained, income-producing 12-unit townhome community just minutes from the vibrant heart of Dunedin.

Located directly on the Pinellas Trail and just moments from downtown Dunedin’s restaurants, shopping, and year-round community events — plus close proximity to Honeymoon Island State Park and the Gulf of America beaches — this asset sits at the intersection of lifestyle and long-term value.

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Asset Overview

• 6 Buildings | 12 Total Units

• Each unit: approx. 1,288 SF plus the garage and storage area

• 2 Bedrooms | 2 Bathrooms per unit

• Oversized ~850 SF tandem 2-car garage + storage

• Lot dimensions approx. 70 x 115

• Private cul-de-sac community

• Hurricane impact windows installed (2023)

• Recently painted exteriors

This is not your typical multifamily product — these are spacious townhome-style residences that attract stable, quality tenants seeking comfort, storage, and coastal lifestyle access.

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Unit Features Designed for Long-Term Tenant Retention

• Expansive combined living and dining areas

• Large kitchen with abundant cabinetry and counter space

• Pantry for additional storage

• Oversized utility room with washer/dryer hookups

• Primary suite with walk-in closet and private balcony access

• Spacious primary bath with dual sinks and separate toilet/tub area

• Second bedroom with abundant natural light

• Hall bath with tub/shower

• Garage door access to private backyard

The generous floor plans and substantial garage/storage capacity (ideal for kayaks, golf carts, and beach gear) create a highly rentable product in a coastal recreation market.

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Investment Strengths

✔ Prime location adjacent to Pinellas Trail

✔ Minutes to downtown Dunedin’s economic activity

✔ Near beaches and waterfront recreation

✔ Large, townhouse-style units — premium rental appeal

✔ Hurricane impact windows (insurance & efficiency benefits)

✔ Strong submarket with high rental demand

✔ Potential for rent optimization in a supply-constrained area

Properties of this scale in Dunedin rarely trade, particularly with this combination of size, condition, and location.

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This is an exceptional opportunity to acquire a boutique multifamily asset in one of Pinellas County’s most sought-after coastal communities.