Dexter Park 1st Add Real Estate

Dexter Park 1st Add Real Estate

Welcome to the charming subdivision of Dexter Park 1st Add. nestled in the heart of Dunedin, Pinellas County, Florida. This sought-after community offers a unique blend of tranquility and convenience, making it an ideal place to call home.

Dexter Park 1st Add. is known for its well-maintained properties, lush green spaces, and a strong sense of community. With a variety of architectural styles to choose from, residents can find the perfect home that suits their lifestyle and preferences.

Living in Dexter Park 1st Add. means enjoying easy access to all the amenities that Dunedin has to offer. From beautiful beaches and parks to shopping centers and restaurants, everything you need is just a short drive away. The area is also known for its top-rated schools, making it a great choice for families.

Whether you are looking for a cozy bungalow or a spacious family home, Dexter Park 1st Add. has something for everyone. Don't miss the opportunity to be a part of this vibrant community and experience the best of Florida living in Dunedin.

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

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