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$759,900

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.21 Acres
  • Updated 9 days ago
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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.

Full Property Details for 1301 N Lotus Dr

General

  • Price: $759,900
  • Taxes: $8,801 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8470910
  • Updated: 3/21/2026
  • Added to Site: 54 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Interior Features: Ceiling Fan(s)
  • Appliances: Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Laminate, Linoleum, Luxury Vinyl, Tile

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Laundry Closet, Outside

Additional Information

  • Shared Amenities: Laundry

Exterior

  • Exterior Features: Fenced, Hurricane Shutters, Lighting, Private Entrance, Sliding Doors, Storage
  • Deck/Patio: Covered, Patio
  • Porch/Patio/Deck: Covered, Patio

Parking

  • Carports: Yes
  • Carport: 3
  • Carport Spaces: 3
  • Covered Spaces: 3
  • Parking Features: Assigned, Covered, Guest, Parking Pad

Location

  • Area: 34698 - Dunedin
  • County: Pinellas
  • Development Name: 34698 - Dunedin
  • Subdivision: SUNNY RIDGE
  • Driving Directions: From Main St, North on Pinehurst, Right on Lotus, SE corner Property on Right

School Information

  • Elementary School: Garrison-Jones Elementary-PN
  • Middle School: Dunedin Highland Middle-PN
  • High School: Dunedin High-PN

Community

  • Community Name: 34698 - Dunedin
  • Community Features: None
  • Optional Amenities: Laundry

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard, Electric, Space Heater

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Roof: Shingle
  • Common Walls: Corner Unit, End Unit
  • Windows: Double Pane Windows
  • Stories/Levels: One
  • Square Feet: 2,549
  • Sq. Ft. Source: Public Records
  • Year Built: 1959

Additional Structures

  • Other Structures: Shed(s), Storage

Lot Features

  • Property View: Garden
  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,357
  • Lot Size: 9357
  • Lot Dimensions: 79 x 120
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $8,801
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SUNNY RIDGE BLK 1, LOT 1
  • Flood Zone Info: X
  • APN: 262815869760010010
  • Property ID: 262815869760010010
  • Block/Lot/Section: 1

Listed by Dunedin Realty Llc

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Listing agent

— 1301 N Lotus Dr —

  • Dunedin Realty Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1301 N Lotus Dr

School District:Pinellas County School District
NameGradesDistance
Garrison-Jones Elementary School
3133 Garrison Road, Dunedin, FL 34698
PK-51.3 mi
Dunedin Highland Middle School
70 Patricia Avenue, Dunedin, FL 34698
6-81.5 mi
Dunedin High School
1651 Pinehurst Road, Dunedin, FL 34698
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1301 N Lotus Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/17/2026
Price Increased
$759,900
1.33%
MLS
2/04/2026
Listed
$749,900
35.12%
MLS
6/06/2023
Sold
$555,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1301 N Lotus Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,801
8%
$500,000
5%
2024
$8,169
34%
$475,000
13%
2023
$6,101
17%
$420,000
31%
2022
$5,213
6%
$320,000
13%
2021
$4,920
—
$282,600
3%
2021
$4,920
15%
$274,138
29%
2019
$4,271
9%
$212,586
10%
2018
$3,917
13%
$193,260
5%
2017
$3,462
10%
$183,543
15%
2016
$3,147
18%
$159,719
21%
2015
$2,668
36%
$132,416
34%
2014
$1,958
95%
$98,677
26%
2013
$1,002
—
$78,292
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Dunedin Realty Llc

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1301 N Lotus Drive, Dunedin, FL 34698 (MLS# TB8470910) is a Multi-Family property with 4 units containing 5 bedrooms and 0 full bathrooms. 1301 N Lotus Drive is currently listed for $759,900 and was received on February 04, 2026. Want to learn more about 1301 N Lotus Drive? Do you have questions about finding other Multi-Family real estate for sale in Dunedin? You can browse all Dunedin real estate or contact a Coldwell Banker agent to request more information.

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