Dexter Park 1st Add Real Estate

Dexter Park 1st Add Real Estate

Welcome to Dexter Park 1st Add., a hidden gem nestled in the heart of Dunedin, Florida! This charming subdivision is a perfect blend of tranquil suburban living and vibrant community spirit, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle close to Florida's stunning Gulf Coast.

Located in Pinellas County, Dexter Park 1st Add. boasts a variety of well-maintained homes, each with its unique character and charm. The tree-lined streets are perfect for leisurely strolls or bike rides, and the friendly neighbors foster a welcoming atmosphere that makes you feel right at home. With spacious yards and ample green spaces, this community is perfect for outdoor enthusiasts and those who enjoy gardening or simply soaking up the sun.

Dunedin is known for its picturesque waterfront and rich history, and living in Dexter Park means you're just minutes away from all that this vibrant city has to offer. Explore the delightful shops and restaurants along Main Street, or take a short drive to the stunning beaches of Caladesi Island State Park and Honeymoon Island. For those who appreciate the arts, the Dunedin Fine Art Center and the nearby Pinellas Trail provide endless opportunities for creativity and recreation.

Families will appreciate the proximity to excellent schools and parks, ensuring that children have access to quality education and plenty of outdoor activities. Whether you're looking for a peaceful retreat or an active lifestyle, Dexter Park 1st Add. is the perfect place to call home in beautiful Dunedin, Florida. Come discover the charm and warmth of this wonderful community!

Newest Listings in Dexter Park 1st Add

$950,000
Dexter Park 1st Add SubDv. 34698 Zip Code
Leased light industrial investment with contractual 3% annual rent increases, providing stable income and long-term upside in Dunedin's supply-constrained industrial market. Positioned in one of Pinellas County's most supply-constrained industrial submarkets, this 3,600 FT light industrial asset in Dunedin offers investors stable income today with built-in growth and long term optionality. The property features a functional office/warehouse layout and is currently leased to an established tenant at $4,150/month with 3% annual increases, providing predictable income growth over the remaining lease term. The configuration also allows for potential division into two units, creating future flexibility for multi-tenant leasing or partial owner-user occupancy. At the current asking price of $950,000, the property offers an estimated 4.45% cap rate with contractual rent growth that increases forward yield over time, making it an attractive core-plus industrial hold in a coastal Florida market where industrial inventory remains limited. Industrial assets in Dunedin and the greater Pinellas County market continue to experience strong demand and limited new supply, supporting long-term tenant demand and value stability. This opportunity is well suited for: - Investors seeking stable income with contractual rent increases. - Buyers looking for long-term industrial exposure in a high-barrier coastal market. - Owner-users seeking future flexibility while collecting income. With durability tenancy, annual rent growth, and multiple future positioning strategies, this property represents a compelling opportunity to acquire a well-located light industrial asset in a market where similar properties rarely become available.

620 Union Street, Dunedin

Start Your Search