1632 SAN MATEO DRIVE
About This Property
Welcome to 1632 San Mateo Drive, Dunedin, FL 34698, a charming vintage-style single-story home nestled along a quiet, tree-lined street less than one mile from the water, Pinellas county trail and downtown Dunedin. This inviting 2-bedroom, 2-bath residence blends classic Florida character with thoughtful updates and features a versatile Florida Room that provides 253 sq. ft. of additional space for a home office, den, guest area, or hobby room. Relax and enjoy Florida living from the screened lanai overlooking a private fenced backyard enhanced by stone walkways, a pergola, mature plantings, and plenty of space to unwind or entertain. Important improvements include an A/C system installed in 2020, updated double-pane windows, a tankless hot water heater, and the added convenience and peace of mind of a whole-house generator. The location truly sets this home apart, placing you close to Dunedin's waterfront lifestyle, local beaches, the Dunedin Causeway, Dunedin Golf Club, marinas, popular restaurants, shopping, and the many attractions that make Dunedin such a sought-after Gulf Coast destination. Whether enjoying a day near the water, exploring the surrounding community, or relaxing in your own backyard retreat, this home provides an appealing combination of character, convenience, and location. Schedule a tour today and experience everything 1632 San Mateo Drive has waiting for YOU!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2026 | In contract | - | |
| In contract | |||
| Nov 6, 2026 | Price Decreased |
$349,000
↓ $30K
(7.9%) | |
| Price Decreased | |||
| Oct 14, 2026 | Price Decreased |
$379,000
↓ $41K
(9.8%) | |
| Price Decreased | |||
| Oct 1, 2026 | Listed by RE/MAX CHAMPIONS | $420,000 | |
| Listed by RE/MAX CHAMPIONS | |||
| Jan 12, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017