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Tariq Saleem

info@mntintl.com +1(844) 668-7589

$ 3,750,000

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439 CAUSEWAY BLVD Dunedin, FL 34698

6,437 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 6,437 sqft

Price per Sqft $582

Subdivision Dunedin Causeway Center

MLS Listing ID TB8500346

Construction Status Completed

HOA Y/N No

Year Built 1981

Annual Tax Amount $22,535

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 194 x 78

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Investor developer opportunity positioned along the highly coveted Dunedin Causeway. 439 Causeway presents a rare, INCOME-PRODUCING waterfront assemblage with exceptional upside. Zoned FX-M, this property allows multifamily development of UP TO 10 UNITS, making it a strategic acquisition for investors, developers, or boutique hospitality operators seeking scale in one of Tampa Bay's most supply-constrained coastal corridors. Currently configured with two income-producing units plus a main residence, the property generates immediate cash flow while preserving long-term redevelopment potential. The site features durable CONCRETE BLOCK CONSTRUCTION on slab, with exterior paint and STUCCO REFRESHED in 2022 that add strong curb appeal. Each structure benefits from IMPACT-RATED WINDOWS and DOORS (2015), three HVAC SYSTEMS (2015), and SEPARATE ELECTRIC METERS for operational flexibility. Unit 439 has been thoughtfully renovated as a 2-bedroom, 2-bath residence with a MODERNIZED KITCHEN (2020), in-unit washer and dryer, and additional upgrades including NEW BASEBOARDS and TILE. Unit 437 mirrors the desirable 2-bedroom, 2-bath layout, featuring a 2023 KITCHEN REMODEL, EPOXY FLOORING, and in-unit laundry, suitable for both short-and long-term leasing. Unit 438 functions as a versatile 1-bedroom, 1-bath space ideal for office, gym, or ancillary rental use, with plumbing in place for washer/dryer installation. The exterior infrastructure is equally compelling, offering SIX DEDICATED PARKING SPACES along with a FULLY EQUIPPED RV HOOKUP including 50 AMP service, sewer, and water—an uncommon amenity that expands rental versatility. A PRIVATE POOL AND SPA elevate the lifestyle component, while DIRECT WATER ACCESS enhances both recreational appeal and future value positioning. Located just minutes from Downtown Dunedin, the property benefits from walkability to dining, retail, marinas, and the Pinellas Trail. The area is GOLF CART FRIENDLY and sits adjacent to the TD Hotel, home of Toronto Blue Jays SPRING TRAINING, which drives seasonal demand and premium rental rates. With FLEXIBLE ZONING, strong in-place income, and irreplaceable waterfront positioning, 439 Causeway represents a compelling blend of yield and development potential in one of Florida's most desirable coastal submarkets.

Location

State FL

County Pinellas

Community Dunedin Causeway Center

Area 34698 - Dunedin

Interior

Heating Central, Natural Gas

Cooling Central Air

Flooring Other, Tile

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Parking Features Electric Vehicle Charging Station(s), Ground Level, RV Access/Parking

Utilities Available Public, Water Connected

Waterfront Description Intracoastal Waterway

View Y/N Yes

Water Access Yes

Water Access Desc Gulf/Ocean,Intracoastal Waterway

Roof Type Metal,Shingle

Building

Lot Description City Limits, Landscaped, Near Golf Course, Near Public Transit, Oversized Lot, Sidewalk, Paved

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,HardiPlank Type,Frame

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://tampa-listing-lab.aryeo.com/videos/019d550b-4c43-7225-b4a8-9d5ec8712010

Listed by Tiffany Spyridakos SMITH & ASSOCIATES REAL ESTATE

NEARBY SCHOOLS & PROPERTIES

Tariq Saleem

Broker | BK3071788

+1(844) 668-7589

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Orlando, FL

Tariq Saleem

439 CAUSEWAY BLVD Dunedin, FL 34698

Key Details

Location

Interior

Exterior

Building

Others

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439 CAUSEWAY BLVD