1725 SAN MATEO DRIVE
About This Property
From the moment you arrive, you'll fall in love with the beautiful landscaping, adorable covered front porch, and inviting curb appeal. Step inside to discover original hardwood floors, charming arched openings, and a beautiful bay window that fills the home with natural light. These special architectural details give the home a warmth and character that simply can't be recreated.
Even better, this home combines its original charm with significant improvements throughout. Major updates include a 2022 roof, 2022 electrical updates, 2024 plumbing updates, 2021 HVAC system, 2017 water heater, 2026 insulation, and air ducts and vents updated in 2025-giving you the character of an established Dunedin home with many important improvements already completed.
The kitchen opens directly to the large screened-in lanai, creating a seamless connection between the indoor and outdoor living spaces. Whether you're enjoying morning coffee, hosting friends and family, or relaxing after a day at the beach, this expansive covered space is perfect for enjoying Florida living year-round.
The primary bedroom features its own private bathroom as well as sliding glass doors leading directly to the beautiful deck and backyard. And what a backyard it is! Spacious, lush, and surrounded by mature landscaping, this outdoor retreat offers an incredible amount of room for entertaining, gardening, pets, outdoor dining, or simply relaxing beneath the Florida sunshine. Between the screened lanai, deck, front porch, and expansive yard, there are so many places to enjoy the outdoors. There is also an irrigation system!
With two bedrooms and three full bathrooms, the floor plan offers flexibility and convenience rarely found in a home of this size.
The location is truly exceptional. Hammock Park is just steps away, offering beautiful trails and natural surroundings, while the Pinellas Trail and waterfront parks are also nearby. Grab your bike or golf cart and head to Downtown Dunedin for locally owned restaurants, breweries, boutiques, festivals, farmers markets, and waterfront sunsets. When it's time for the beach, Honeymoon Island is only about five minutes away!
Adding even more peace of mind, the home experienced no water intrusion or storm damage during the recent hurricanes.
With original hardwood floors, architectural charm, extensive updates, gorgeous outdoor living spaces, a spectacular backyard, and an unbeatable Dunedin location, 1725 San Mateo Drive offers the perfect combination of Old Florida character and the Dunedin lifestyle everyone loves.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017