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$3,700,000
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Property Description
16-unit multifamily property in desirable Dunedin, FL, with 12 of 16 units renovated. The asset is fully occupied and currently operating as a cash-flowing long-term rental investment, featuring durable block construction and not located in a flood zone. Prime location just minutes from downtown Dunedin and the beaches of Honeymoon Island creates strong rental demand and offers exceptional versatility for a buyer seeking both stable in-place income and potential hospitality-driven upside. The property's proximity to one of Pinellas County's most walkable and tourism-oriented submarkets makes it well-suited for a possible short-term rental strategy, subject to local regulations. Per current understanding, property is located in an area that allows short-term rentals; buyer must independently verify all zoning, STR use, licensing, and regulations directly with the City of Dunedin. Additional income potential through possible on-site laundry facility.
Full Property Details
Full Property Details for 885 Beltrees St
General
- Price: $3,700,000
- Taxes: $40,309 (2023)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8325784
- Updated: 2/12/2026
- Added to Site: 506 day(s) ago
Location
- Area: 34698 - Dunedin
- County: Pinellas
- Development Name: 34698 - Dunedin
- Subdivision: HELLERS SUB
- Driving Directions: Just west off Patricia Street in Dunedin
Community
- Community Name: 34698 - Dunedin
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 4
- Exterior Const.: Block
- Square Feet: 8,836
- Year Built: 1967
Lot Features
- Lot Size (Acres): 0.68
- Lot Size (Sq. Ft.): 29,630
- Lot Size: 29630
- Lot Dimensions: 175 x 170
- Frontage: Other
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $40,309.11
- Tax Year: 2023
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: HELLER'S SUB W 175FT OF E 375FT OF S 170FT OF N 195FT OF LOT 8 LESS RD R/W
- Flood Zone Info: X
- APN: 352815380880000083
- Property ID: 352815380880000083
- Block/Lot/Section: plat 1
Listed by Lombardo Team Real Estate Llc
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Schools
Schools serving 885 Beltrees St
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Dunedin Elementary School 900 Union Street, Dunedin, FL 34698 | PK-5 | 0.4 mi |
Dunedin Highland Middle School 70 Patricia Avenue, Dunedin, FL 34698 | 6-8 | 0.3 mi |
Dunedin High School 1651 Pinehurst Road, Dunedin, FL 34698 | 9-12 | 1.7 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 885 Beltrees St
Date
Details
Price
Change
Source
10/02/2025
Price Reduced
$3,700,000
-1.33%
MLS
6/11/2025
Price Reduced
$3,750,000
-6.25%
MLS
2/20/2025
Price Reduced
$3,999,999
-2.44%
MLS
11/29/2024
Listed
$4,100,000
46.9%
MLS
1/05/2023
Sold
$2,791,000
—
Public Record
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
Tax History for 885 Beltrees St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$37,319
—
$1,850,000
-15%
2024
$37,319
-7%
$2,170,000
-6%
2023
$40,309
164%
$2,300,000
142%
2021
$15,291
-3%
$950,000
-5%
2022
$15,756
3%
$1,000,000
43%
2021
$15,291
28%
$700,000
11%
2019
$11,930
—
$630,000
1%
2018
$11,934
9%
$625,000
11%
2017
$10,908
9%
$565,000
11%
2016
$10,047
3%
$510,000
5%
2015
$9,773
2%
$485,000
—
2014
$9,588
—
$483,300
1%
2013
$9,575
—
$477,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 885 Beltrees St
885 Beltrees Street, Dunedin, FL 34698 (MLS# TB8325784) is a Commercial property. 885 Beltrees Street is currently listed for $3,700,000 and was received on November 29, 2024. Want to learn more about 885 Beltrees Street? Do you have questions about finding other Commercial real estate for sale in Dunedin? You can browse all Dunedin real estate or contact a Coldwell Banker agent to request more information.

