Description

885 Beltrees Street presents a repositioned 16-unit investment opportunity in one of Pinellas County's most desirable coastal submarkets.Currently operating as a fully occupied, cash-flowing long-term rental, the property features 12 of 16 units renovated, durable block construction, and is not located in a flood zone, providing immediate stability for investors.What sets this opportunity apart is its location.Situated just minutes from downtown Dunedin, known for its walkable charm, breweries, and waterfront parks, and in close proximity to Honeymoon Island, Caladesi Island, and Clearwater Beach, the property is surrounded by some of Florida's most visited coastal destinations.Based on current understanding, the property appears to be located within a zoning area that allows short-term rentals, which is uncommon in Dunedin. This creates a unique opportunity for investors seeking stable in-place income today with the potential to explore an expansive hospitality strategy.Buyer to independently verify all zoning, permitted use, and short-term rental regulations with the City of Dunedin.