$3,550,000

885 Beltrees Street

Dunedin, FL 34698

Active
0
Baths
8,836
Sq Ft
0.68
Acres
1967
Built
$402/sqft

About this home

885 Beltrees Street presents a repositioned 16-unit investment opportunity in one of Pinellas County’s most desirable coastal submarkets. Currently operating as a fully occupied, cash-flowing long-term rental, the property features 12 of 16 units renovated, durable block construction, and is not located in a flood zone, providing immediate stability for investors. What sets this opportunity apart is its location. Situated just minutes from downtown Dunedin, known for its walkable charm, breweries, and waterfront parks, and in close proximity to Honeymoon Island, Caladesi Island, and Clearwater Beach, the property is surrounded by some of Florida’s most visited coastal destinations. Based on current understanding, the property appears to be located within a zoning area that allows short-term rentals, which is uncommon in Dunedin. This creates a unique opportunity for investors seeking stable in-place income today with the potential to explore an expansive hospitality strategy. Buyer to independently verify all zoning, permitted use, and short-term rental regulations with the City of Dunedin.

Estimated monthly payment

$22,937/mo

Principal & interest$17,951
Property taxes$3,359
Home insurance (est.)$1,627

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history496 days on market

  1. Status: Active
    Apr 17, 2026
  2. Listed$4,100,000
    Nov 29, 2024
  3. Price reduced$3,550,000

Virtual Tour

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
496
Subdivision
Hellers Sub
County
Pinellas
Year built
1967
Living area
8,836 sq ft
Price/sq ft
$402
Lot size
29,630 sq ft
Lot category
1/2 to less than 1
Flood zone
X
Annual taxes
$40,309 (2023)
Parcel #
35-28-15-38088-000-0083
MLS #
TB8325784

Heating & Cooling

Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Other, Owner Financing
Ownership
Corporation

Exterior & Construction

Construction materials
Block
Foundation
Slab
Road surface
Asphalt, Paved

Listing Details

Listing date
2024-11-29
On market date
2024-11-29
Original list price
$4,100,000
MLS area
34698 - Dunedin
Listing AOR
Suncoast Tampa
Status changed
2026-04-17
Tax legal description
HELLER'S SUB W 175FT OF E 375FT OF S 170FT OF N 195FT OF LOT 8 LESS RD R/W

Location

Flood zone
X

Directions

Just west off Patricia Street in Dunedin

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of April 17, 2026 at 4:20 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA