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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,833 sqft
Price per Sqft $518
Subdivision Peale Park
MLS Listing ID TB8489075
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1936
Annual Tax Amount $6,914
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 90x133
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
This is a rare opportunity to own a truly one-of-a-kind legacy property designed for coastal living in one of Pinellas County's most sought-after locations. Situated on a tropical double lot just blocks from St. Joseph's Sound and minutes from Downtown Dunedin, this exceptional property offers a combination of land, flexibility, charm, and income potential that is increasingly difficult to find.
Perhaps the most valuable feature of this property is its rare grandfathered multifamily designation within a residential zoning district, allowing it to function as either a single-family residence or an income-producing duplex with an additional ADU. Owners have the unique ability to live comfortably in one residence while generating income from the others, creating exceptional income opportunities.
Thoughtfully renovated from the studs out by a renowned local builder, the property preserves the timeless character and “Old Florida” charm of the original structures while seamlessly incorporating modern luxury, craftsmanship, and convenience throughout. High-end finishes, thoughtful design, and flexible living spaces create a property that feels both elevated and inviting.
The oversized double lot offers endless possibilities for expansion, outdoor entertaining, RV or boat parking, and private resort-style living. Surrounded by tropical landscaping, the outdoor setting is anchored by a brand-new pool with elegant paver decking, creating a private coastal retreat perfect for relaxing, entertaining, and enjoying Florida living year-round.
Despite being located just minutes from the waterfront, the property sits outside the flood zone, eliminating the need for flood insurance. The Pinellas Trail is located at the end of the block and provides direct biking/walking access to downtown Dunedin's acclaimed restaurants, breweries, bars, live music venues, boutique shopping, marinas, award-winning Gulf beaches, and Major League Baseball spring training facilities. The staged renderings showcase the incredible versatility of the property and highlight the many ways the spaces can be customized to fit your vision—whether as a private retreat, multigenerational compound, luxury seasonal residence, or high-performing investment property. Properties offering this level of location, flexibility, land value, and coastal character rarely come to market! This property is listed below appraised value and priced to sell!
Location
State FL
County Pinellas
Community Peale Park
Area 33755 - Clearwater
Interior
Interior Features High Ceilings, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air, Mini-Split Unit(s)
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Range, Range Hood, Tankless Water Heater
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Lighting, Private Mailbox, Rain Gutters
Parking Features Driveway, Parking Pad
Garage Spaces 2.0
Pool Child Safety Fence, Gunite, In Ground
Community Features Street Lights
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Pool
Roof Type Metal
Porch Deck, Porch
Attached Garage true
Exposure East
Garage true
Private Pool Yes
Building
Lot Description Oversized Lot
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Architectural Style Coastal, Contemporary, Craftsman
Structure Type HardiPlank Type,Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Owner Financing, VA Loan
Listing Terms Cash, Conventional, FHA, Owner Financing, VA Loan
Special Listing Condition None
Virtual Tour https://www.zillow.com/view-imx/cc21ce62-07f3-4ff9-8638-e0bc5e46ac98?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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