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 charming subdivision nestled in the heart of Dunedin, Florida, within the picturesque Pinellas County. This delightful community offers a unique blend of convenience, comfort, and a touch of coastal charm, making it an ideal place for families, retirees, and anyone looking to enjoy the best of Florida living.

One of the standout features of Dexter Park 1st Add is its homes 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 poolside oasis, or a workshop for your hobbies, the possibilities are endless. This flexibility allows homeowners to truly make their space their own, fostering a sense of individuality and creativity.

The subdivision is located just a stone's throw away from the vibrant downtown Dunedin, known for its quaint shops, eclectic dining options, and friendly atmosphere. Residents can enjoy leisurely strolls along the waterfront, partake in local festivals, or simply relax at one of the nearby parks. The stunning beaches of the Gulf Coast are also within easy reach, providing ample opportunities for sun-soaked days and breathtaking sunsets.

In Dexter Park 1st Add, you’ll find a welcoming community spirit, where neighbors become friends and every day feels like a vacation. With its prime location, flexible home options, and charming surroundings, this subdivision is a hidden gem waiting to be discovered. Come and experience the warmth and allure of Dexter Park 1st Add—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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