Dexter Park 1st Add Real Estate

Dexter Park 1st Add Real Estate

Welcome to Dexter Park 1st Add, a charming subdivision nestled in the heart of Dunedin, Florida! This delightful community offers a perfect blend of suburban tranquility and vibrant coastal living, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle in sunny Pinellas County.

As you stroll through Dexter Park, you’ll be greeted by tree-lined streets and beautifully maintained homes, each exuding character and warmth. The neighborhood is known for its friendly atmosphere, where neighbors become friends and community events foster a strong sense of belonging. With a variety of architectural styles, from classic Floridian designs to modern updates, there’s a home for every taste and preference.

One of the standout features of Dexter Park 1st Add is its proximity to Dunedin’s charming downtown area. Just a short drive or leisurely bike ride away, you’ll find an array of boutique shops, delightful cafes, and local eateries that showcase the best of Florida’s culinary scene. For outdoor enthusiasts, the stunning beaches of Honeymoon Island and Caladesi Island are just minutes away, offering sun-soaked days of swimming, kayaking, and beachcombing.

Families will appreciate the highly-rated schools in the area, as well as the numerous parks and recreational facilities that provide ample opportunities for outdoor activities. Whether you’re enjoying a picnic at the nearby waterfront or engaging in community sports, there’s always something to do in this vibrant neighborhood.

Discover the charm and appeal of Dexter Park 1st Add, where a welcoming community and the beauty of Dunedin await you! Your dream home is just a visit away!

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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