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1301 N LOTUS DRIVE

Multifamiliar En Venta
$699,900

BTC: 10.76769231

ETH: 388.83333333

-$50K (2026/04/30)
117 días
5 camas
2,549 sqft

Visión general

This exceptional 4-Plex investment opportunity is located in the heart of Dunedin. It offers immediate income, strong location appeal, and multiple avenues for income growth. The property delivers stable cash flow (7% Cap Rate) with clear potential to enhance returns by optimizing rents to market levels, capitalizing on short-term rental zoning (Airbnb/VRBO), or leveraging an owner-occupant income strategy. Positioned just minutes from downtown, this asset is not located in a flood zone, helping reduce insurance costs and risk. The property offers 2,550 SF (3,280 SF under roof) with a balanced unit mix of (3) 1BR/1BA and (1) 2BR/2BA, each with private entrances, outdoor patio space, and two dedicated parking spaces, features that drive strong tenant demand and short-term rental appeal. The recently renovated 2BR/2BA unit offers flexibility as a flagship short-term rental unit or an ideal owner-occupant residence. Low operating expenses and tenant-reimbursed utilities create an efficient ownership profile, while below-market rents provide a clear path to increased income over time. 4-Point and Wind Mitigation inspections were completed in March, with clean reports available reinforcing the property’s insurability, finance ability, and turnkey investment profile. Located near downtown Dunedin, the Pinellas Trail, waterfront parks, marina, beaches, and a vibrant mix of dining, breweries, and year-round events, the property benefits from consistent demand drivers supporting both long-term and short-term rental performance. This is a rare opportunity to acquire a well-maintained, income-producing asset with built-in upside in one of Tampa Bay’s most desirable coastal submarkets. Opportunities combining in-place income, Short Term Rental flexibility, and non-flood zone positioning in Dunedin are increasingly limited.

Ubicación

Florida • DUNEDIN • 34698 • Multifamiliar • En Venta

Detalles

Tipo:
Residential Income
Estacionamiento:
Assigned / Covered / Guest / Parking Pad
Año de construcción:
1959
Lote:
0.21 Hectáreas
Calefacción:
Baseboard / Electric / Space Heater
precio por sq. medidor:
$275
Enfriamiento:
Wall/Window Unit(s)
HOA:
Sin datos

Valuation

Our model vs. what's actually selling nearby.
Estimate
$775,000
$579K – $1.1M
Confidence Low
List vs. estimate
$75K below estimate
List $699,900 · -9.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$274
-18.6% vs. city median $337
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Destacados

Annual tax
$8,801
2025
View
Garden
Pets
Allowed
Más hechos y características

  • Piso

    • Carpet

    • Laminate

    • Linoleum

    • Luxury Vinyl

    • Tile

    Calefacción

    • Baseboard

    • Electric

    • Space Heater

    Enfriamiento

    • Wall/Window Unit(s)

    Accesorios

    • Range

    • Refrigerator

    Otras características interiores

    • Ceiling Fan(s)

    Dormitorios y baños

    • Dormitorios: 5

  • Estacionamiento

    • Assigned

    • Covered

    • Guest

    • Parking Pad

    Propiedad

    • Pisos: One

    • Características Exteriores: Fenced / Hurricane Shutters / Lighting / Private Entrance / Sliding Doors / Storage

    Lote

    • Lote: 0.21 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 262815869760010010

  • Tipo y estilo

    • Tipo de propiedad: Residential Income

    • Subtipo de propiedad: Quadruplex

  • Utilidad

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Otra información financiera

    • Importe anual de impuestos: $8,801

  • Detalles de la fuente

    • MLS ID: TB8470910

    Otros hechos

    • Materiales de construcción: Block

    • Detalles de la fundación: Slab

    • Características de lavandería: Laundry Closet / Outside

    • Características del lote: Corner Lot / City Lot / Landscaped / Near Public Transit

    • Características del patio y el porche: Covered / Patio

    • Características de la ventana: Double Pane Windows

    • Otras estructuras: Shed(s) / Storage

    • Salón: 2549

    • Fuente de agua: Public

    • Tamaño de la parcela: 79 x 120

    • Nombre de subdivisión: SUNNY RIDGE

Consulta privada
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DUNEDIN REALTY LLC