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, in scenic Pinellas County. This delightful neighborhood offers a perfect blend of suburban tranquility and vibrant community spirit, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle with easy access to the best that Florida has to offer.

Dexter Park is characterized by its inviting tree-lined streets, well-maintained homes, and friendly neighbors who create a warm and welcoming atmosphere. Residents enjoy a variety of amenities, including nearby parks, recreational facilities, and walking trails that invite outdoor enthusiasts to explore the natural beauty of the area. The subdivision is conveniently located just a short drive from the stunning Gulf Coast beaches, where you can soak up the sun, indulge in water sports, or simply enjoy a leisurely stroll along the shoreline.

Dunedin itself is known for its rich history, charming downtown area, and a thriving arts scene. With an array of local shops, restaurants, and cultural events, there’s always something to see and do. The community also hosts various festivals throughout the year, fostering a strong sense of camaraderie among residents.

Whether you’re looking for a place to settle down or seeking a vacation home, Dexter Park 1st Addition offers a wonderful lifestyle in a picturesque setting. Discover the perfect blend of comfort, convenience, and community in this delightful Dunedin neighborhood—your dream home awaits!

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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