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 Add, a hidden gem nestled in the heart of Dunedin, Florida! This charming subdivision is the perfect blend of tranquility and accessibility, offering residents a serene lifestyle while being just moments away from the vibrant culture and amenities of the city. Located in beautiful Pinellas County, Dexter Park boasts a unique appeal with its homes featuring no deed restrictions, allowing for greater flexibility and creativity in homeownership.

Imagine living in a community where your personal touch can shine through without the constraints of strict regulations. Here, homeowners enjoy the freedom to personalize their properties, whether it’s through landscaping, renovations, or even the addition of unique outdoor features. This liberating environment fosters a sense of individuality and pride in ownership, making Dexter Park a truly special place to call home.

The neighborhood is characterized by its friendly atmosphere, where neighbors quickly become friends. Enjoy leisurely strolls through tree-lined streets, and take advantage of the nearby parks and recreational areas that Dunedin has to offer. With its rich history and beautiful waterfront, Dunedin is known for its picturesque scenery and vibrant community events, ensuring there’s always something to do.

Whether you’re seeking a cozy retreat or a place to grow your family, Dexter Park 1st Add offers an inviting atmosphere that makes it easy to settle in and feel at home. Explore the possibilities in this delightful subdivision, where your dream home 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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