Dexter Park 1st Add Homes with No Deed Restriction Community Extras

Dexter Park 1st Add Homes with No Deed Restriction Community Extras

Welcome to Dexter Park 1st Addition, a hidden gem nestled in the charming city of Dunedin, Florida. This delightful subdivision, located in the heart of Pinellas County, offers a unique blend of tranquility and convenience, making it a perfect place to call home.

One of the standout features of Dexter Park is its homes that come with no deed restrictions. This means you have the freedom to personalize your property without the constraints often found in other communities. Whether you envision a lush garden, a vibrant outdoor space, or even a cozy workshop, the possibilities are endless! The community embraces a spirit of individuality, allowing residents to express their style and creativity.

Dunedin itself is known for its picturesque landscapes and vibrant culture. With stunning waterfront views, charming boutiques, and an array of dining options, you’ll find plenty to explore just minutes from your doorstep. The nearby beaches are perfect for sunbathing, swimming, or simply enjoying a leisurely stroll along the shore.

Families will appreciate the proximity to excellent schools and parks, making Dexter Park an ideal spot for raising children. Additionally, the community fosters a friendly atmosphere, where neighbors become friends and create lasting memories together.

Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment opportunity, Dexter Park 1st Addition offers a welcoming environment that feels like home. Discover the charm and freedom of this wonderful community, where your dream lifestyle awaits!

Newest Dexter Park 1st Add Homes with No Deed Restriction Community Extras

$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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