1477 PINEHURST ROAD
Dunedin, FL 34698
$1,150,000
RARE TURNKEY FOURPLEX JUST 1 MILE FROM DOWNTOWN DUNEDIN, GENERATING NEARLY $8,000/ MONTH IN RENTAL INCOME! Opportunities to acquire a fully renovated fourplex with this level of income are hard to find! Fully occupied, 3,615 sq. ft., with approximately $250,000 in renovations already completed. Four spacious 2-bedroom units (three 2/1s and one 2/2), featuring updated kitchens, bathrooms, appliances, private decks, dishwashers, and in-unit washers and dryers. Three new A/C systems, the fourth approximately five years old, plus a repaved parking lot.
PRIME DUNEDIN LOCATION WITH LONG-TERM UPSIDE! Just one mile from Downtown Dunedin and less than 1.5 miles from the water, yet outside the flood zone. As Downtown Dunedin continues to grow, this property is well positioned to benefit from the area's increasing desirability. An exceptional opportunity for an investor seeking strong income, minimal maintenance, and long-term appreciation potential.
Listing Courtesy of: STONEBRIDGE REAL ESTATE CO
727-443-5000
| Listing Id: | TB8562090 |
|---|---|
| List Price: | $1,150,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Bedrooms Total: | 8 |
| Bathrooms Full: | 5 |
| Living Area: | 3,615 |
| Tax Annual Amount: | $11,529 |
| Lot Size Square Feet: | 16,156 |
| Lot Size Acres: | 0.37 |
| Waterfront?: | No |
| City: | Dunedin |
| County Or Parish: | Pinellas |
| Subdivision Name: | Dunedin Pines |
| Postal Code: | 34698 |
| Year Built: | 1983 |
| Number Of Units Total: | 4 |
| Additional Parcels?: | No |
| Appliances: | Dishwasher, Dryer, Electric Cooktop, Range, Range Hood, Refrigerator, Washer |
| Bathrooms Total Integer: | 5 |
| Building Area Source: | Public Records |
| Building Area Total: | 3812 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Slab |
| Construction Materials: | Frame |
| Cooling: | Central Air |
| Directions: | Drive East On Maint St. Turn Left on Pinehurst. Property is one block north on the right. |
| Exterior Features: | Lighting |
| Flooring: | Ceramic Tile, Luxury Vinyl |
| Garage?: | No |
| Gross Income: | $93,600 |
| Heating: | Central |
| High School: | Dunedin High-PN |
| Interior Features: | Primary Bedroom Main Floor, Stone Counters, Thermostat |
| Laundry Features: | Inside |
| Lease Term: | Twelve Months |
| Listing Contract Date: | 2026-11-03 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | City Limits |
| Lot Size Acres: | 0.37 |
| Lot Size Dimensions: | 150 x 106 |
| Postal Code Plus4: | 3830 |
| MLS Area Major: | 34698 - Dunedin |
| MLS Area Major: | 34698 - Dunedin |
| Original List Price: | $1,150,000 |
| Parcel Number: | 26-28-15-23508-000-1380 |
| Parking Features: | Off Street, Open |
| Patio And Porch Features: | Deck |
| Township: | 28 |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Tenant Pays: | Electricity |
| Total Actual Rent: | $7,800 |
| Utilities: | Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| Water Source: | Public |
| Public Survey Range: | 15 |
| Public Survey Section: | 26 |
| Alternate Key Folio Num: | 28-15-26-23508-000-1380 |
| Annual Expenses: | 25556 |
| Annual Net Income: | 68044.00 |
| Building Area Total Srch Sq M: | 354.15 |
| Calculated List Price By Calcula: | 318.12 |
| Cddyn: | No |
| Est Annual Market Income: | 93600.00 |
| Flood Zone Code: | X |
| Flood Zone Date: | 2021-08-24 |
| Flood Zone Panel: | 12103C0069H |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 335.84 |
| Lot Size Square Meters: | 1501 |
| Sdeo yn: | No |
| Terms Of Lease: | Gross Lease |
| Total Acreage: | 1/4 to less than 1/2 |
| Total Num Buildings: | 1 |
| Unit Count: | 4 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Individually Metered: | Electric, Internet |
| Association 2 Yn: | 0 |
| Attribution Contact: | 727-443-5000 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | No |
| New Construction?: | No |
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Property Last Updated: November 04, 2026 03:22 AM - ET
