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 hidden gem nestled in the heart of Dunedin, Florida. This charming subdivision is a perfect blend of tranquility and convenience, offering residents a unique lifestyle that embraces the best of Florida living.

One of the standout features of Dexter Park is its homes, which are set within a community that boasts no deed restrictions. This allows for greater flexibility in homeownership, making it an ideal choice for those seeking a more personalized living experience. Whether you envision a vibrant garden, a cozy outdoor retreat, or even a workshop for your hobbies, the possibilities are endless in this welcoming neighborhood.

Dunedin itself is a picturesque city known for its stunning waterfront, vibrant arts scene, and rich history. Residents of Dexter Park enjoy easy access to beautiful parks, scenic trails, and the famous Honeymoon Island State Park, where outdoor enthusiasts can bask in the sun or explore nature. The local community is warm and inviting, with an array of shops, restaurants, and cultural events just a short drive away.

In Dexter Park 1st Add, you will find a variety of homes that cater to diverse tastes and lifestyles. From charming single-family residences to spacious lots that allow for future expansion, this community is perfect for families, retirees, and everyone in between.

Embrace the freedom and charm of Dexter Park 1st Add, where your dream home awaits in a community that truly feels like family. Explore the endless possibilities and make this vibrant neighborhood your new home today!

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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