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 charming city of Dunedin, Florida, within the picturesque Pinellas County. This delightful subdivision offers a unique blend of comfort, convenience, and community spirit, making it an ideal choice for families, retirees, and anyone seeking a tranquil Florida lifestyle.

One of the standout features of Dexter Park 1st Add. is its homes with no deed restrictions, allowing residents the freedom to truly make their property their own. This flexibility encourages creativity, whether you're looking to personalize your outdoor space or explore various home improvement projects without the constraints of typical community regulations.

The neighborhood is characterized by its friendly atmosphere and well-maintained homes, providing a warm welcome to newcomers. Enjoy leisurely strolls through tree-lined streets, where neighbors greet each other with smiles and waves. With a strong sense of community, Dexter Park 1st Add. is perfect for those who value connection and camaraderie.

Beyond the subdivision, residents can take advantage of Dunedin's vibrant downtown area, filled with unique shops, delightful restaurants, and local events that foster a sense of belonging. The stunning beaches of the Gulf Coast are just a short drive away, offering endless opportunities for sun-soaked days and sunset strolls.

In Dexter Park 1st Add., you'll find more than just a place to live; you'll discover a community that embraces the true essence of Florida living. Come explore this inviting neighborhood and envision your future in this beautiful corner of Dunedin!

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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