$849,000
1136 Douglas Avenue
Dunedin, FL 34698
Listing updated: March 20, 2026 at 8:49 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Rare MF-15 zoned development opportunity in the heart of Dunedin, directly fronting the Pinellas Trail and backing to a city park—one of the most desirable infill locations in Pinellas County. This ±0.43-acre assemblage (approximately 37,052 SF) consists of the north portions of Lots 1–4, Block 6, together with a fee-owned, vacated public right-of-way, creating a large, buildable site with flexible layout potential. The vacated right-of-way is part of the ownership and fully usable for development, enhancing site efficiency beyond typical Dunedin infill parcels. The property is surrounded by successful multifamily, residential, and mixed-use development, reinforcing both market demand and long-term value. Major advantage: The owner has met with the City of Dunedin, and up to four (4) multifamily units may be developed by right without the need for a City Development Order, resulting in significant time and cost savings. This streamlined approval path is rare in Dunedin and materially improves project feasibility and speed to vertical construction. The MF-15 zoning district allows up to 15 units per acre, with building heights up to 50 feet / 5 stories (subject to code and design review). Setback standards and dimensional criteria support efficient site planning, ideal for townhomes, boutique multifamily, or luxury rental units. Developers may also explore elevated or upper-level designs, which could capture possible water views depending on unit configuration. The site’s direct Pinellas Trail frontage creates a premium lifestyle appeal—walk or bike directly to Downtown Dunedin, local breweries, restaurants, shops, marina, and waterfront parks. Trail-facing units command higher rents and resale values, while the adjacent park provides permanent green space buffering and privacy—an increasingly rare combination. Utilities are in place, including public water, sewer, and electric, and the property is located within city limits on a paved, publicly maintained road. The surrounding neighborhood reflects active redevelopment momentum, including multifamily and mixed-use projects, further validating the site’s highest and best use. This offering is ideal for a developer or investor seeking a “ready-to-build” Dunedin project with zoning certainty, reduced entitlement risk, and exceptional location fundamentals. This extremely rare opportunity combines MF-15 zoning, trail frontage, park adjacency, downtown proximity, and development-order exemption in one package. Sold for land value only. No access to the existing home until under contract.
Local Insight
At $46 per square foot for a 0.42-acre lot in Dunedin's town center, you're paying a premium for location and development potential rather than raw land value, so your return depends entirely on what you can build and the permitting process. The X500 flood zone is a major advantage for financing and insurance costs, but you'll want to verify what the town's current zoning allows—this parcel's value hinges on whether you can develop it as residential, commercial, or mixed-use, and what setback or height restrictions apply. The lack of HOA is a plus for flexibility, but being in the Town of Dunedin means you're subject to municipal codes and potentially more scrutiny on development than a standalone lot would face.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
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 history49 days on market
- Status: ActiveJan 30, 2026
- Listed$899,000Jan 30, 2026
- Price reduced$849,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 49
- Subdivision
- Town Of Dunedin
- County
- Pinellas
- Price/sq ft
- $46
- Lot size
- 18,526 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X500 (12103C0068H)
- Annual taxes
- $12,515 (2024)
- Parcel #
- 27-28-15-23040-006-0011
- MLS #
- TB8469648
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Interior Details
- Direction faces
- East
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Listing Details
- Listing date
- 2026-01-27
- On market date
- 2026-01-30
- Original list price
- $899,000
- MLS area
- 34698 - Dunedin
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-01-30
- Tax legal description
- DUNEDIN BLK 6, N 84FT OF LOTS 1, 2, 3 & 4 & ALL OF VAC ST ADJ ON N
Flood risk
Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Take Alt 19 to Jackson St East to Douglas North. Home on the left.
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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 March 20, 2026 at 8:49 AM 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.
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