Property Description

LOCATION, LOCATION, LOCATION! RARE DUNEDIN INVESTMENT OPPORTUNITY WITH FUTURE POTENTIAL!Perfectly situated just a few blocks from the TD Ballpark, the spring training home of the Toronto Blue Jays, and only a short golf cart ride to the charming shops, award-winning restaurants, breweries, waterfront parks, marina, and year-round events of vibrant Downtown Dunedin, this exceptional property offers the ideal combination of immediate income, long-term value, and future opportunity.This well-maintained block construction 2-bedroom, 1-bath home with a beautiful sunroom that adds sq footage that is not included in the current heated sq footage sits on a large, fully fenced lot in one of Dunedin's most desirable locations and is not located in a flood zone, offering added peace of mind and lower ownership costs. The property presents an outstanding opportunity for investors, developers, or buyers looking to secure real estate in a thriving coastal community. Adding to its investment appeal it is currently zoned multifamily MF-15 with opportunity for developing multiple units. The property is occupied by an excellent long-term tenant with a lease in place through February 1, 2027, who has expressed interest in renewing, providing immediate rental income and stability for the next owner. The property has also been pre-approved for DSCR financing through the seller's preferred loan broker, making it an attractive turnkey investment opportunity.The home has been meticulously maintained and underwent an extensive remodel approximately 41/2 years ago. Additional improvements include fresh interior and exterior paint, as well as a new garage door and new water heater installed approximately 11/2 years ago. A dedicated parking pad was also installed in accordance with City requirements, adding convenience and functionality.Offering even greater peace of mind, the property sustained absolutely no flood damage during the recent storms, further highlighting the benefits of its desirable non-flood-zone location.Whether you're searching for a turnkey income-producing property, a future redevelopment opportunity, or a home in one of Dunedin's most sought-after locations, 446 New York Avenue offers exceptional versatility, strong investment potential, and an unbeatable lifestyle just moments from everything that makes Downtown Dunedin one of Florida's most beloved coastal destinations.

Property Features