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1948 BYRAM DRIVE
About This Property
No HOA. 2017 roof with sealed roof deck. Renovated single-story home with attached garage
on a pond-side lot minutes from Downtown Dunedin. From the elevated entry, an uninterrupted
sightline extends through the open kitchen and great room, into the enclosed bar and flex room,
and across the screened patio to the backyard and pond beyond. The kitchen, bathrooms, and
flooring were updated in 2017, along with the roof, air conditioning, water heater, electrical
panel, and sewer lines. The split-bedroom floor plan places two bedrooms and a renovated
shared bathroom in one wing, while the primary suite occupies the opposite rear corner for
added privacy. Sliding glass doors open from the primary suite to a private patio overlooking the
backyard and pond from the property's highest point. The climate-controlled bar and flex room
extends the main living area with windows, built-in cabinetry, storage, and sliding-door access to
the large covered and screened patio. Beyond it, a broad, level backyard offers space for a
future pool before the terrain slopes gently toward the pond and shared green backdrop.
Beneath the elevated patio is a concrete bunker with 25-inch-thick poured walls, rare in Florida
construction, with power, lighting, storage, and a plumbing stub-out. Potential uses include a
shelter space, wine cellar, workshop, hobby space, or secure storage, subject to buyer
verification and applicable approvals. Additional features include a wood-burning fireplace,
interior laundry, side fencing with gated access on both sides, and negotiable furnishings. Walk
or drive to Downtown Dunedin's Main Street restaurants, breweries, waterfront, TD Ballpark,
and the Pinellas Trail. Nearby boat ramps, Clearwater Beach, and Honeymoon Island are a
short drive away
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2026 | Price Decreased |
$559,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jun 9, 2026 | Listed by FUTURE HOME REALTY INC | $564,000 | |
| Listed by FUTURE HOME REALTY INC | |||
| Mar 27, 2023 | Sold | ||
| Sold | |||
| Sep 9, 2022 | Listed by FUTURE HOME REALTY INC | $547,000 | |
| Listed by FUTURE HOME REALTY INC | |||
| May 9, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017