Dexter Park 1st Add Real Estate

Dexter Park 1st Add Real Estate

Welcome to Dexter Park 1st Addition, a charming subdivision nestled in the heart of Dunedin, Florida, within the picturesque Pinellas County. This delightful community offers a unique blend of suburban tranquility and vibrant local culture, making it an ideal place for families, retirees, and everyone in between.

Dexter Park is characterized by its inviting tree-lined streets and well-maintained homes that reflect a variety of architectural styles. Residents enjoy spacious yards and a strong sense of community, where neighbors become friends and gatherings are common. The subdivision is conveniently located near essential amenities, including shopping centers, schools, and parks, ensuring that everything you need is just a stone's throw away.

One of the standout features of Dexter Park is its proximity to the stunning Gulf Coast beaches. Just a short drive away, you can bask in the sun, enjoy water sports, or take leisurely strolls along the shoreline. For those who appreciate the outdoors, nearby parks and nature trails offer endless opportunities for hiking, biking, and enjoying Florida's natural beauty.

Dunedin itself is known for its charming downtown area, filled with boutique shops, restaurants, and cultural attractions. The city hosts a variety of events throughout the year, including festivals and farmers' markets, creating a lively atmosphere that celebrates community spirit.

In Dexter Park 1st Addition, you’re not just buying a home; you’re investing in a lifestyle filled with warmth, convenience, and endless opportunities for adventure. Come explore this wonderful subdivision and discover your perfect place in the sun!

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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