Dexter Park 1st Add Real Estate

Dexter Park 1st Add Real Estate

Welcome to Dexter Park 1st Add, a delightful subdivision nestled in the heart of Dunedin, Florida, within the picturesque Pinellas County. This charming community offers a unique blend of suburban tranquility and vibrant local culture, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle close to the Gulf Coast.

One of the standout features of Dexter Park is its lush, tree-lined streets that create a warm and inviting atmosphere. Residents can enjoy spacious lots, well-maintained homes, and a strong sense of community. The subdivision is perfectly situated, providing easy access to Dunedin's beautiful parks, scenic waterfront, and a variety of recreational activities. Whether you’re taking a leisurely stroll along the Pinellas Trail or enjoying a day at the nearby Honeymoon Island State Park, nature is always at your doorstep.

Dunedin is renowned for its charming downtown area, filled with boutique shops, art galleries, and a diverse selection of restaurants. The vibrant local culture is complemented by community events that celebrate the area’s rich history and artistic spirit. Additionally, residents of Dexter Park appreciate the convenience of being just a short drive from the beautiful beaches of Clearwater and the bustling amenities of Tampa Bay.

If you’re seeking a place that offers both a peaceful suburban lifestyle and access to the vibrant coastal community, Dexter Park 1st Add is the perfect choice. Come and discover your new home in this enchanting Dunedin neighborhood, where every day feels like a vacation!

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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