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 Addition, a charming subdivision nestled in the heart of Dunedin, Florida, in beautiful Pinellas County. This delightful community offers a unique blend of tranquility and accessibility, making it an ideal place to call home. With no deed restrictions, homeowners enjoy the freedom to personalize their properties to suit their lifestyles, whether that means parking an RV, creating a garden oasis, or simply embracing the spirit of individuality.

The homes in Dexter Park 1st Add. are characterized by their diverse architectural styles, providing a warm and inviting atmosphere that reflects the rich character of Dunedin. Many properties feature spacious yards, perfect for family gatherings, outdoor activities, or simply soaking up the Florida sunshine. With a variety of home sizes and layouts, there’s something for everyone, whether you’re a first-time buyer, a growing family, or looking to downsize.

Living in Dexter Park means you’re just minutes away from the vibrant downtown Dunedin, known for its eclectic shops, delectable dining options, and lively arts scene. Enjoy the nearby parks, picturesque waterfront, and the stunning beaches that make the area a true gem of the Gulf Coast.

Embrace the charm of Dexter Park 1st Addition, where community spirit flourishes, and the possibilities are endless. Discover your dream home in this welcoming neighborhood, where the freedom to live life your way is just a doorstep away!

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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