$3,550,000
885 Beltrees Street
Dunedin, FL 34698
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
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
- Status: ActiveApr 17, 2026
- Listed$4,100,000Nov 29, 2024
- 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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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