INVESTMENT OVERVIEW ------------------------- 10-Unit | Multifamily | Concrete Block | Built 1968 | .96 Acre Lot | Flood Zone X - Minimal Flood Hazard 11,058 SF Gross Building Size | 8,700 SF Rentable Area: * (8) UNITS: 2 bed / 1 bath, sunroom (950 SF) + 1-Car Garage (242 SF) * (2) UNITS: 1 bed / 1 bath (550 SF) + 1-Car Garage (242 SF) * ALL UNITS: In-unit laundry | Private Garage | Pool Access VALUE-ADD OPPORTUNITIES ------------------------------- * Add $25-50/month pet fees to boost recurring revenue * Convert 4 front units to short-term rentals to potentially triple income * Install flow meters and bill tenants for water use = Potential $220,000 value increase * Save up to $2,500 / year on insurance with a new liability policy RECENT UPGRADES --------------------- * Jan 2025: Interiors freshly painted, luxury vinyl flooring, stainless steel appliances, brushed nickel fans & fixtures, modernized baths, new or newer HVAC and water heaters * Sep 2024: Refurbished all sliding glass doors (3yr warranty) and windows * Jan 2024: All 5 buildings freshly painted LOCATION HIGHLIGHTS ---------------------------- * Less than 5 minutes to Downtown Dunedin * Quiet residential setting with long-term tenants * Not in a flood zone * Excellent walkability and proximity to shops, dining, and Gulf Beaches ADDITIONAL NOTES --------------------- * 2014 Ground settlement professionally remediated (units 531, 533, 539) * Fully Insured per lender requirements * Remediation report available to qualified buyers only * Bank loan is not assumable