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265 Causeway Blvd - 265 Causeway Blvd – Mixed-Use Development 22,209 SF Specialty Building Offered at $4,000,000 in Dunedin, FL 34698



EXECUTIVE SUMMARY
265 Causeway Blvd represents a rare opportunity to acquire a designed, mixed-use hospitality development in one of Florida’s most desirable and supply-constrained coastal downtown markets. Unlike a traditional land offering, this project derives its value from concept, positioning, and vertical integration, combining luxury townhomes, a boutique hotel, and an on-site winery into a cohesive, experience-driven destination.
The project has been thoughtfully envisioned to include high-end townhome residences, a 7-room boutique hotel, and a boutique winery component, creating multiple complementary revenue streams within a single development. This diversified program reduces reliance on any single asset class while enhancing overall project resilience, valuation, and exit optionality.
From a residential perspective, the townhomes are positioned to capture strong demand for new, luxury coastal living in Dunedin—an area where new residential supply is limited and pricing pressure continues to rise. The hospitality component benefits from Dunedin’s year-round tourism, proximity to the waterfront, marina, beaches, and vibrant downtown core, while the winery adds a destination use that supports both hotel occupancy and local engagement.
The boutique hotel concept is intentionally scaled, allowing for:
Lower operational complexity
Premium nightly rates
Experiential branding aligned with Dunedin’s character
Synergy with the winery and surrounding downtown amenities
The winery element further differentiates the project by providing:
On-site experiential revenue
Event and tasting opportunities
Cross-traffic from downtown visitors
Increased dwell time and brand identity for the overall development
Preliminary discussions and planning efforts have aligned the project with the City of Dunedin’s vision for high-quality, walkable, mixed-use development, and the concept has been shaped to fit the scale and character of the surrounding area. While buyers must independently verify all zoning, use allowances, and approvals, the project has been positioned to minimize entitlement friction and appeal to experienced developers familiar with urban coastal markets.
All major infrastructure is available, including public water, sewer, and electric, supporting near-term vertical development. The site’s location along Causeway Boulevard offers excellent access and visibility while remaining closely connected to downtown’s dining, retail, marina, and recreational amenities.
From an investment standpoint, the project supports multiple exit and execution strategies, including:
Build and sell townhomes individually while retaining hospitality components
Hold the project as a blended income-producing asset
Sell the fully entitled or designed project to a hospitality-focused developer
Reposition or brand the hotel and winery components post-construction
Dunedin continues to distinguish itself within Pinellas County as a high-demand coastal market with strong demographics, limited developable land, and a vibrant downtown economy supported by tourism, boating, dining, and recreation. Projects that combine residential, hospitality, and experiential uses are particularly well-positioned to outperform traditional single-use developments.
265 Causeway Blvd is best suited for a developer, investor group, or hospitality operator seeking a differentiated project with multiple income streams, strong lifestyle appeal, and long-term value creation in a proven coastal market.
This offering should be evaluated as a vertical development opportunity, not vacant land. Buyers are encouraged to review all available materials and conduct independent due diligence regarding zoning, development potential, costs, and use approvals with the City of Dunedin.
The project has been thoughtfully envisioned to include high-end townhome residences, a 7-room boutique hotel, and a boutique winery component, creating multiple complementary revenue streams within a single development. This diversified program reduces reliance on any single asset class while enhancing overall project resilience, valuation, and exit optionality.
From a residential perspective, the townhomes are positioned to capture strong demand for new, luxury coastal living in Dunedin—an area where new residential supply is limited and pricing pressure continues to rise. The hospitality component benefits from Dunedin’s year-round tourism, proximity to the waterfront, marina, beaches, and vibrant downtown core, while the winery adds a destination use that supports both hotel occupancy and local engagement.
The boutique hotel concept is intentionally scaled, allowing for:
Lower operational complexity
Premium nightly rates
Experiential branding aligned with Dunedin’s character
Synergy with the winery and surrounding downtown amenities
The winery element further differentiates the project by providing:
On-site experiential revenue
Event and tasting opportunities
Cross-traffic from downtown visitors
Increased dwell time and brand identity for the overall development
Preliminary discussions and planning efforts have aligned the project with the City of Dunedin’s vision for high-quality, walkable, mixed-use development, and the concept has been shaped to fit the scale and character of the surrounding area. While buyers must independently verify all zoning, use allowances, and approvals, the project has been positioned to minimize entitlement friction and appeal to experienced developers familiar with urban coastal markets.
All major infrastructure is available, including public water, sewer, and electric, supporting near-term vertical development. The site’s location along Causeway Boulevard offers excellent access and visibility while remaining closely connected to downtown’s dining, retail, marina, and recreational amenities.
From an investment standpoint, the project supports multiple exit and execution strategies, including:
Build and sell townhomes individually while retaining hospitality components
Hold the project as a blended income-producing asset
Sell the fully entitled or designed project to a hospitality-focused developer
Reposition or brand the hotel and winery components post-construction
Dunedin continues to distinguish itself within Pinellas County as a high-demand coastal market with strong demographics, limited developable land, and a vibrant downtown economy supported by tourism, boating, dining, and recreation. Projects that combine residential, hospitality, and experiential uses are particularly well-positioned to outperform traditional single-use developments.
265 Causeway Blvd is best suited for a developer, investor group, or hospitality operator seeking a differentiated project with multiple income streams, strong lifestyle appeal, and long-term value creation in a proven coastal market.
This offering should be evaluated as a vertical development opportunity, not vacant land. Buyers are encouraged to review all available materials and conduct independent due diligence regarding zoning, development potential, costs, and use approvals with the City of Dunedin.
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PROPERTY FACTS
| Price | $4,000,000 | Building Class | B |
| Price Per SF | $180.11 | Lot Size | 0.51 AC |
| Sale Type | Investment | Construction Status | Proposed |
| Property Type | Specialty | Building Size | 22,209 SF |
| Property Subtype | Winery/Vineyard | No. Stories | 3 |
| Zoning | FX-M - Mixed-use zoning supports luxury townhomes, boutique hotel, and winery uses in a walkable coastal setting. Buyer to verify final approvals and density | ||
| Price | $4,000,000 |
| Price Per SF | $180.11 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Winery/Vineyard |
| Building Class | B |
| Lot Size | 0.51 AC |
| Construction Status | Proposed |
| Building Size | 22,209 SF |
| No. Stories | 3 |
| Zoning | FX-M - Mixed-use zoning supports luxury townhomes, boutique hotel, and winery uses in a walkable coastal setting. Buyer to verify final approvals and density |
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PROPERTY TAXES
| Parcel Number | 15-28-15-23166-011-0001 | Improvements Assessment | $0 |
| Land Assessment | $933,587 | Total Assessment | $933,587 |
PROPERTY TAXES
Parcel Number
15-28-15-23166-011-0001
Land Assessment
$933,587
Improvements Assessment
$0
Total Assessment
$933,587
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265 Causeway Blvd - 265 Causeway Blvd – Mixed-Use Development
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