380 HANCOCK STREET
About This Property
Exceptional vacant land ideally located just steps from vibrant Downtown Dunedin and adjacent to the scenic Pinellas Trail. This rare infill parcel is zoned MF-15 (Multi-Unit Residential) and approved for development - perfectly suited for a 4-unit townhome building. Ideal for spacious floorplans, modern amenities, luxury finishes, and potential roof top decks capturing sunset skyline views. High and dry lot located in desirable "X" flood zone (no flood insurance required). Lot size 90 x 145. Only 1/4 mile from Clearwater Harbor. Walk or bike to dining, shopping, and entertainment in downtown Dunedin. Strong demand for quality townhomes in this fast-growing coastal community. Whether you're an investor or builder, this is an opportunity in one of Pinellas County's most desirable locations.
Don't miss your chance to develop in the heart of Dunedin! Site plan and promotional rendering available.
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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 13, 2026 | Price Decreased |
$795,000
↓ $100K
(11.2%) | |
| Price Decreased | |||
| Sep 19, 2025 | Price Decreased |
$895,000
↓ $101K
(10.1%) | |
| Price Decreased | |||
| Aug 17, 2025 | Listed by CHARLES RUTENBERG REALTY INC | $995,900 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
| Dec 13, 2021 | Sold | ||
| Sold | |||
| Nov 13, 2021 | Listed by CHARLES RUTENBERG REALTY INC | $125,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017