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About this home
RARE TURNKEY FOURPLEX JUST 1 MILE FROM DOWNTOWN DUNEDIN, GENERATING NEARLY $8,000/ MONTH IN RENTAL INCOME! Opportunities to acquire a fully renovated fourplex with this level of income are hard to find! Fully occupied, 3,615 sq. ft. , with approximately $250,000 in renovations already completed. Four spacious 2-bedroom units (three 2/1s and one 2/2), featuring updated kitchens, bathrooms, appliances, private decks, dishwashers, and in-unit washers and dryers. Three new A/C systems, the fourth approximately five years old, plus a repaved parking lot. PRIME DUNEDIN LOCATION WITH LONG-TERM UPSIDE! Just one mile from Downtown Dunedin and less than 1.5 miles from the water, yet outside the flood zone. As Downtown Dunedin continues to grow, this property is well positioned to benefit from the area's increasing desirability. An exceptional opportunity for an investor seeking strong income, minimal maintenance, and long-term appreciation potential.
Fully rented. DO NOT disturb the tenants under any circumstance. Fabulous location short distance to downtown Dunedin and less than 1 mile to the Dunedin Community Center. Lots of curb appeal on a large corner lot and adorned with beautiful trees. Appointment necessary only with serious buyers with contract and viewing during the inspection period. New owner to honor existing leases. Roof 2014. All units have washer/dryer hookups. MULTIPLE OFFERS HAVE BEEN RECEIVED. HIGHEST AND BEST BY MONDAY OCTOBER 18, 10AM
Year
Property tax
Land + Additions
Assessment*
2025
$11,529 (+8.2%)
$304,091 + $350,909
$655,000
2024
$10,653 (+12.6%)
2023
$9,464 (+7.3%)
$282,629 + $257,371
$540,000
2022
$8,821 (+18.3%)
$254,751 + $245,249
$500,000
2021
$7,455 (+5.8%)
2020
$7,047 (+16.0%)
2019
$6,077 (+11.5%)
2018
$5,450 (−1.2%)
2017
$5,516 (+15.9%)
$169,046 + $162,869
$331,915
2016
$4,761 (+6.6%)
2015
$4,467 (+9.5%)
2014
$4,080 (+15.6%)
2013
$3,531 (+6.1%)
2012
$3,328
Public record
Public record
Zoning
Permits
Beds
—
Baths
6
Stories
1
Lot width
151 ft.
Lot depth
107 ft.
Lot size
0.37 Acres
Year renovated
1995
Finished Sq. Ft.
3,615
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,615
Year built
1983
Style
Multi-Family (2-4 Unit)
County
Pinellas County
APN
152826235080001380
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
MF-7.5
Multifamily Residential District
MF-7.5 Multifamily Residential districts provide for flexibility in housing types, encourage the use and reuse of small older lots. MF-7.5 Multifamily Residential zoning: Provides housing opportunities for moderate income residents; Consists predominately of duplex and low density cluster apartments. The MF-7.5 Multifamily Residential district should be served by at least a collector street to accommodate its higher traffic generation potential and can be utilized as a buffer between single-family areas and more dense multifamily areas.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use
May 17, 2024 • Final
Demolition of accessory building/structure
Demolish wood walkways and decking.
Demolition
Dec 8, 2023 • Final
Miscellaneous mechanical work - work not classified by building type
Remove and replace a 2 ton air handler and heat pump.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 26 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Dunedin, FL • 34698
Average low and high temperatures (°F)
67
49
73
54
79
59
83
66
88
72
90
75
91
77
89
76
87
73
83
67
78
60
73
55
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Dunedin. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.1 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1477 Pinehurst Rd
$1,119,117
$31K under list price of $1.15M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $650K to $1.3M.