Dexter Park 1st Add Homes with No Deed Restriction Community Extras

Dexter Park 1st Add Homes with No Deed Restriction Community Extras

Welcome to Dexter Park 1st Add in Dunedin, Florida, a charming subdivision nestled in the heart of Pinellas County. This community offers a unique blend of tranquility and convenience, making it an ideal place to call home.

Homes in Dexter Park 1st Add come with the added benefit of no deed restrictions, allowing homeowners the freedom to personalize and enhance their properties as they see fit. Whether you dream of adding a pool, creating a lush garden oasis, or simply enjoying the peace of mind that comes with fewer regulations, this community has something for everyone.

In addition to the spacious and well-maintained homes, Dexter Park 1st Add boasts a range of community extras that enhance residents' quality of life. From parks and recreational areas to nearby shopping and dining options, there is no shortage of amenities to enjoy. Whether you prefer a leisurely stroll through the neighborhood or a fun day out with family and friends, Dexter Park 1st Add has it all.

Come and discover the beauty and convenience of living in Dexter Park 1st Add. With its prime location in Dunedin, Florida, and the allure of no deed restrictions, this subdivision offers the perfect blend of comfort, style, and freedom. Don't miss your chance to be a part of this vibrant community – your dream home awaits in Dexter Park 1st Add.

Newest Dexter Park 1st Add Homes with No Deed Restriction Community Extras

$950,000
Dexter Park 1st Add SubDv. 34698 Zip Code TB8477471 MLS Active Status
Leased light industrial investment with contractual 3% annual rent increases, providing stable income and long-term upside in Dunedin's supply-constrained industrial market. Positioned in one of Pinellas County's most supply-constrained industrial submarkets, this 3,600 FT light industrial asset in Dunedin offers investors stable income today with built-in growth and long term optionality. The property features a functional office/warehouse layout and is currently leased to an established tenant at $4,150/month with 3% annual increases, providing predictable income growth over the remaining lease term. The configuration also allows for potential division into two units, creating future flexibility for multi-tenant leasing or partial owner-user occupancy. At the current asking price of $950,000, the property offers an estimated 4.45% cap rate with contractual rent growth that increases forward yield over time, making it an attractive core-plus industrial hold in a coastal Florida market where industrial inventory remains limited. Industrial assets in Dunedin and the greater Pinellas County market continue to experience strong demand and limited new supply, supporting long-term tenant demand and value stability. This opportunity is well suited for: - Investors seeking stable income with contractual rent increases. - Buyers looking for long-term industrial exposure in a high-barrier coastal market. - Owner-users seeking future flexibility while collecting income. With durability tenancy, annual rent growth, and multiple future positioning strategies, this property represents a compelling opportunity to acquire a well-located light industrial asset in a market where similar properties rarely become available.

620 Union Street, Dunedin

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