446 New York Avenue, Dunedin, FL 34698

Property Description

LOCATION, LOCATION, LOCATION! RARE DUNEDIN INVESTMENT OPPORTUNITY WITH FUTURE POTENTIAL! Perfectly situated just a few blocks from 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 block construction 2-bedroom, 1-bath home features a beautiful sunroom that provides additional living space not currently included in the heated square footage. Situated on a large, fully fenced lot in one of Dunedin’s most desirable locations, the property is not located in a flood zone, offering added peace of mind and lower ownership costs. It presents an outstanding opportunity for investors, developers, or buyers looking to secure real estate in a thriving coastal community. Adding to its investment appeal, the property is currently zoned MF-15 Multifamily, offering future development potential for multiple units. The home has always been well maintained and underwent an extensive refresh approximately 4½ years ago. Improvements included all new appliances, new carpet, updated lighting fixtures, ceiling fans, electrical switches, minor bathroom renovations, and new interior doors throughout the home. Most of the exterior fascia was replaced, and the home received a complete exterior repaint. The roof also received a light asphalt rubber coating to help extend its longevity. Additional exterior improvements include a City-approved river rock parking pad with the required plastic parking stabilizers. Matching river rock, decorative borders, and stepping stones were installed along the length of the property, along with a dedicated barbecue area, creating an attractive and functional outdoor space for tenant convenience. Approximately 1½ years ago, a new water heater and a City-permitted garage door with automatic opener were also installed. 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. There is no HOA and the property is not located in a 55+ community. 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. See private Realtor remarks regarding the current tenant lease and preferred closing timeline.