1600 Pasadena Dr
Dunedin, FL 34698
- – beds
- – baths
- 1,785 sqft
- 9,483 sqft lot
- $497 per sqft
- 1950 build
- – on site
Turnkey Dunedin Triplex – Located in the beloved Dunedin Golf Cart Zone, steps from the waterfront and perched on the Pinellas Trail this is an Exclusive 5-star rated investment or lifestyle opportunity! This rare triplex is situated a block from the scenic 36-mile Pinellas Trail and just steps from stunning sunset views across St. Joseph's Sound. Built of solid cement block in a ranch-style layout, it offers three fully separate private units with no shared living space—ideal for full-time rental income, a hybrid live-and-rent setup, or a multigenerational lifestyle home. Zoned for short-term 90-day rentals and located outside the flood zone, this property has NO history of storm-surge or water damage. Its unbeatable location and proven cash flow deliver strong ROI and peace of mind. High ROI & Financing Advantage Net Operating Income (NOI) of 6.7%+ with upside potential; assumable 5.25% mortgage available to qualified buyers—a rare financing opportunity in today’s market. Live in one unit while renting the others or lease all three for maximum income. The MAIN HOME features 3 bedrooms, private entry, full kitchen, spacious living areas, modern coastal décor, and its own fenced yard. Cement block construction ensures quiet, durable, low-maintenance living. STUDIO A is a newly built Tiny-House–style loft unit with modern finishes, private entrance, and a large yard shared with Studio B. STUDIO B is a single-level, fully furnished studio apartment with a 94% occupancy rate, private entrance, and access to the shared backyard. No units share interior space—each is completely self-contained. Both studios boast new kitchens and HVAC systems. Proven Performance & Guest Appeal Consistently 5-star reviewed on Airbnb and VRBO. High-season bookings are secured a year in advance for the main house and Studio B and returning-guest waitlists keep vacancy low. Walk, bike or golfcart to downtown Dunedin’s award-winning breweries, restaurants, boutiques, art galleries, and community events. Minutes from Honeymoon Island, Clearwater Beach, and the Marina. Close to the American Legion, parks, and seasonal festivals. The published expected rent is based on current annual rates. The property has a history of much higher rental rates on shorter stays. Whether you’re an investor seeking reliable cash flow, a snowbird wanting built-in rental income, or a local looking for a smart live-and-rent arrangement, this Dunedin triplex delivers location, lifestyle, flexibility, and financial performance.
Last checked:
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Last updated Apr 18, 2025
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MLS# TB8375710 —
The Building
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Year Built:1950
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New Construction:false
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Construction Materials:Block
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Levels:One
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Roof:Shingle
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Foundation Details:Slab
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# of Buildings:1
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Building Area Total:1851
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:Furnished
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Fireplace:false
Room Dimensions
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Living Area:1785
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From Bayshore BLVD (Alt 19) head East one block on San Salvador Dr. Turn North on Pasadena Dr. The home is on your left - the corner of San Salvador and Pasadena.
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Latitude:28.027503
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Longitude:-82.788755
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Coordinates:-82.788755, 28.027503
The Property
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Parcel Number:222815233100340100
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Property Type:Residential Income
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Property Subtype:Triplex
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Lot Features:Corner Lot
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Lot Size Acres:0.22
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Lot Size Area:9483
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Lot Size SqFt:9483
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:R-60
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View:false
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Exterior Features:Fenced
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Water Source:Public
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Road Surface Type:Brick
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Road Frontage Type:Street Brick
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Flood Zone Code:X
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Flood Zone Panel:12103C0068H
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (813) 563-8897
- Office phone:
- (727) 641-4444
Taxes
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Tax Year:2024
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Tax Lot:10
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Tax Block:34
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Tax Legal Description:DUNEDIN ISLES NO. 1 BLK 34, LOT 10
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Tax Book Number:20-34
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Tax Annual Amount:$10,463
The Listing
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Virtual Tour URL Branded:https://promotion-media.aryeo.com/sites/enroowz/unbranded
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Virtual Tour URL Unbranded:https://promotion-media.aryeo.com/videos/01964028-fb0b-71b9-b87b-71c7fa3217e9
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Virtual Tour URL Unbranded 2:https://my.matterport.com/show/?m=fmrkN4cbWAD&brand=0&mls=1&
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Cooktop
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Laundry Features:Laundry Room
The Community
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Subdivision Name:DUNEDIN ISLES 1
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Open Parking:true
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Parking Features:Driveway
Extra Units
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Other Structures:Shed(s)
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# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/17/25
Apr 17, 2025
|
Listed / Active | STELLAR_MLS | $888,000 | 41.0% (10.4% / YR) |
5/7/21
May 7, 2021
|
STELLAR_MLS | $630,000 |