1113 Ohio Ave 8 Unit Apartment Building $1,690,000 ($211,250/Unit) 4.91% Cap Rate Dunedin, FL 34698

Excellent income-producing opportunity! This impeccably maintained 8-unit building features a new roof (2025), six new A/C units (2025), and two A/C units new in 2023. Interior units have been freshly painted within 1–5 years and are repainted upon move-outs. Income producing coin laundry with two washers and two dryers makes life easy for tenants.
The 8-unit property includes seven units with annual leases in place and one month-to-month unit. Each unit has its own private entrance, with patios on the ground level and balconies on the second floor. There are four one-bedroom/one-bath units and four two-bedroom/one-bath units. Tenants have separate electric meters for each unit. One electric meter and one water meter for owners. Foundation stabilization with chemical grout injections was completed in June 2025 by Geotech to ensure long-term stability. Assigned parking is available for each unit plus guest parking.
Location and lifestyle make this property truly special. Just 0.7 miles from famous downtown Dunedin, residents enjoy excellent walkability to Saturday markets, festivals, parades, abundant dining options, lively nightlife, breweries, the marina, and the Pinellas Trail for biking and walking. Weekends can be spent at nearby Honeymoon Island with sandy beaches and the turquoise waters of the Gulf of America. With so much activity and experiences right outside your door, this is more than a building—it’s a front-row seat to one of Florida’s most charming and vibrant communities. NOT IN A FLOOD ZONE.
Call Listing Agent, listing agent must accompany, by appointment only. 24 Hour notice required, do not contact tenants.