1869 San Mateo DRIVE
About This Property
Property flooded during Hurricane Helene. Parcel (65x120) is being sold "as-is" for land value, but has potential to be renovated.
Here's your opportunity to acquire a property in a prime location in the heart of Dunedin on a premium, private lot backing up to Hammock Park, a stunning 90-acre natural preserve. This charming Dunedin bungalow offers incredible potential for investors looking to expand their portfolio or for homeowners eager to design their dream home or build new in this highly sought-after area.
Perfectly positioned to the Pinellas Bike Trail, Dunedin Causeway and downtown Dunedin. This home brings the best of coastal living and local conveniences. Golf-cart friendly neighborhood. No rear neighbors. Water heater 2021 with some newer windows in place.
Don't miss your chance to own a piece of Dunedin in a highly desirable, nature-filled neighborhood!!!
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Relisted | $295,000 | |
| Relisted | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $295,000 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017