620 Broadway, Dunedin, FL, 34698 | $949,000

A rare opportunity to own a 4-unit property in the most desirable area of Dunedin. Unbeatable location, just 1. 5 walkable blocks to main st downtown Dunedin, 0. 5 miles to the Blue Jays stadium, 5 miles to Honeymoon Island State Park beaches or 5 miles to the world renowned Clearwater Beaches. Golf cart friendly! Property consists of two duplexes, and is a truly turnkey opportunity with each unit being a 1 bed / 1 bath layout and each comes completely updated and fully furnished. Each unit is complete with stylish furnishings, updated tile floors, quartz countertops, updated cabinets, ductless mini-split HVAC systems, stainless steel appliances, updated bathrooms, modern fixtures, etc. The property shares a common area for laundry appliances, private on-site parking spaces, as well as a shared outdoor area with synthetic grass. This versatile property offers a prime opportunity for both homeowners and investors alike with its uniform layout and furnishings: use for long term rentals, or house hack by living on one side and renting out the other, or use as short or mid-term rental! Zoned MF-15, so short term airbnb rentals are allowed, but only via conditional use permit approval from the city (must be owner-occupied), or, this can also immediately be used for mid-term rentals at a 90-night minimum base on zoning. Perfect for corporate stay rentals for traveling professions as well. Professional hosting team currently in place can maintain management to new owners, making this a truly turnkey opportunity. Note: **Annual Net income listed here is 2024 annualized income.

Features

  • Bedrooms: 4
  • Units: 4
  • Lot Size: 60 x 185
  • Laundry: Common Area
  • Year Built: 1967
  • Heating: Electric
  • Cooling: Mini-Split Unit(s)
  • Approx Sq. Feet: 2,112
  • Acreage: 0.26
  • Lot Size: 60 x 185
  • Est. Taxes: $10,515
  • Lot Desc: Flood Insurance Required
  • Appliances: Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • MLS#: TB8305758
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8305758/620broadway_dunedin_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/20/2024 1:32:21 PM)
Listing courtesy of GRAND CAPITAL ADVISORS LLC   Phone: 727-213-9010

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

620 Broadway, Dunedin, FL, 34698

$949,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $759,200 $759,200 $759,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $876 $876 $876
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,613 $4,613 $6,407
Total Monthly Payment $5,581 $5,581 $7,375

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.