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 perfect blend of suburban tranquility and vibrant coastal living, making it an ideal place for families, retirees, and everyone in between.

One of the standout features of Dexter Park is its proximity to some of Florida's most beautiful beaches. Just a short drive away, you can bask in the sun on the sandy shores of Caladesi Island State Park or enjoy the lively atmosphere of Honeymoon Island. Nature enthusiasts will appreciate the numerous parks and recreational areas nearby, perfect for hiking, biking, and enjoying the great outdoors.

The subdivision itself boasts well-maintained streets and a welcoming atmosphere, where neighbors become friends. With a diverse array of homes, from charming single-family residences to modern townhouses, Dexter Park caters to a variety of lifestyles and budgets. Many homes feature spacious yards, perfect for family gatherings or quiet evenings under the stars.

Dunedin is known for its rich history and vibrant culture, with a charming downtown area filled with unique shops, restaurants, and local breweries. The community hosts a variety of events throughout the year, including art festivals and farmers' markets, ensuring there's always something happening just around the corner.

In Dexter Park 1st Add, you’re not just buying a home; you’re investing in a lifestyle that blends relaxation, community spirit, and the beauty of Florida living. Discover your dream home in this enchanting subdivision and embrace all that Dunedin has to offer!

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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