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DUNEDIN, FL 34698 1301 N LOTUS DRIVE

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Presented By: DUNEDIN REALTY LLC with 727-734-2180. - 727-734-2180
  • MLS# TB8470910
  • 02/04/2026
  • Request Tour
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  • Beds • 5
  • Baths • 5
  • SQFT • 2,549

Home Details

This exceptional 4-Plex investment opportunity is located in the heart of Dunedin. It offers immediate income, strong location appeal, and multiple avenues for income growth. The property delivers stable cash flow with clear potential to enhance returns by optimizing rents to market levels, capitalizing on short-term rental zoning (Airbnb/VRBO), or leveraging an owner-occupant income strategy. Positioned just minutes from downtown, this asset is not located in a flood zone, helping reduce insurance costs and risk. The property offers 2,550 SF (3,280 SF under roof) with a balanced unit mix of (3) 1BR/1BA and (1) 2BR/2BA, each with private entrances, outdoor patio space, and two dedicated parking spaces, features that drive strong tenant demand and short-term rental appeal. The recently renovated 2BR/2BA unit offers flexibility as a flagship short-term rental unit or an ideal owner-occupant residence. Low operating expenses and tenant-reimbursed utilities create an efficient ownership profile, while below-market rents provide a clear path to increased income over time. 4-Point and Wind Mitigation inspections were completed in March, with clean reports available reinforcing the property’s insurability, financeability, and turnkey investment profile. Located near downtown Dunedin, the Pinellas Trail, waterfront parks, marina, beaches, and a vibrant mix of dining, breweries, and year-round events, the property benefits from consistent demand drivers supporting both long-term and short-term rental performance. This is a rare opportunity to acquire a well-maintained, income-producing asset with built-in upside in one of Tampa Bay’s most desirable coastal submarkets. Opportunities combining in-place income, ShortTermRental flexibility, and non-flood zone positioning in Dunedin are increasingly limited.
Presented By: DUNEDIN REALTY LLC with 727-734-2180. - 727-734-2180

Interior Features for 1301 N LOTUS DRIVE

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths5

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Common WallsCorner Unit, End Unit
Fireplace Y/NNo
FlooringCarpet, Laminate, Linoleum, Luxury Vinyl, Tile
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesLaundry Closet, Outside
Window FeaturesDouble Pane Windows

General for 1301 N LOTUS DRIVE

Additional Parcels Y/NNo
AppliancesRange, Refrigerator
Association AmenitiesLaundry
Attached Garage No
Building Area UnitsSquare Feet
Carport Spaces3
Carport Y/NYes
CityDUNEDIN
Community FeaturesNone
Construction MaterialsBlock
CoolingWall/Window Unit(s)
CountyPinellas
DirectionsFrom Main St, North on Pinehurst, Right on Lotus, SE corner Property on Right
Elementary SchoolGarrison-Jones Elementary-PN
Flood Zone CodeX
Flood Zone Code XY
Garage Spaces
Garage Y/NNo
Gross Income64560
HeatingBaseboard, Electric, Space Heater
High SchoolDunedin High-PN
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionSUNNY RIDGE BLK 1, LOT 1
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet9357
Lot Size UnitsSquare Feet
MLS Area34698 - Dunedin
Middle/Junior High SchoolDunedin Highland Middle-PN
Minimum LeaseNo Minimum
New ConstructionNo
Number Of Units Total4
Other StructuresShed(s), Storage
OwnershipFee Simple
Patio/Porch FeaturesCovered, Patio
Pets AllowedCats OK, Dogs OK
Property Attached Y/NNo
Property ConditionCompleted
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSUNNY RIDGE
Tax Annual Amount8801
Tax Lot1
Tax Year2025
Tenant PaysElectricity, Sewer, Trash Collection
Total Actual Rent5380
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected
ViewGarden
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1959

Exterior for 1301 N LOTUS DRIVE

Building Area Total3280
Covered Spaces3
Exterior AmenitiesFenced, Hurricane Shutters, Lighting, Private Entrance, Sliding Doors, Storage
Foundation DetailsSlab
Lot Dimensions79 x 120
Lot FeaturesCorner Lot, City Lot, Landscaped, Near Public Transit
Lot Size Acres0.21
Lot Size Area9357
Number of Buildings1
Parking FeaturesAssigned, Covered, Guest, Parking Pad
Private PoolNo
Road Frontage TypeStreet Paved
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $759,900
MLS#TB8470910
List Date 02/04/2026
Property Type Income
Phone 407.574.0218
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Request Info
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