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  • 1355 SAGE DR, DUNEDIN, FL - MLS# O6393552

    1355 SAGE DR
    $405,900         $13,100
    2 br, 1.5 ba, 1 Gar
    Single Family Home

1301 N LOTUS DR,  DUNEDIN, FL 34698

MLS# TB8470910.  5 beds.  0.0 baths.  Apartment.  Active

$8,801 in taxes (2025)

$699,900   Reduced by $29,100 (4.2%)

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: DUNEDIN REALTY LLC ((727-734-2180))
  • Listing Agent: Pete Dagios ((727-365-3425))
  • Days on yellowkey: 87
  • Property Type: Apartment
  • Beds: 5
  • Baths: 0.0
  • Living Area Square Feet: 2549
  • Built 1959
  • Taxes: $8,801 (2025)
  • Garage Spaces:0 ()
  • Square Feet: 3280
  • Fees: $0
  • Pinellas County
  • Terms: Cash, Conventional
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  • Subdivision Name: SUNNY RIDGE
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  • Carport Spaces: 3
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  • Parking Description: Assigned, Covered, Guest, Parking Pad
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  • Exterior Features: Fence, Hurricane Shutters, Lighting, Private Entrance, Sliding Doors, Storage
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
4/30/2026Sale85TB8470910Price Change$699,900-3.99%213.3841MLS
4/16/2026Sale71TB8470910Price Change$729,000-2.79%222.2560MLS
4/3/2026Sale58TB8470910Price Change$749,900-1.32%228.6280MLS
2/4/2026Sale0TB8470910listed for sale$749,900-231.6768MLS




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