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605 Palm Blvd 3,051 SF 100% Leased Office Building Dunedin, FL 34698 $750,000 ($245.82/SF)



Investment Highlights
- Prime Dunedin Redevelopment & Investment Opportunity
- Positioned directly adjacent to the Pinellas Trail with outstanding exposure, accessibility, and redevelopment potential
- Highly visible 21,714sf corner parcel located at the signalized intersection of Bayshore Blvd and Palm Blvd in Dunedin
Executive Summary
Prime Dunedin Redevelopment & Investment Opportunity - Rare opportunity to acquire a highly visible ±0.50-acre (21,714 SF) corner parcel located at the signalized intersection of Bayshore Boulevard and Palm Boulevard in Dunedin, Florida. Positioned directly adjacent to the Pinellas Trail and approximately midway between Downtown Dunedin and the Dunedin Causeway, this exceptional property offers outstanding exposure, accessibility, and redevelopment potential.
The site includes a 3,051-square-foot single-story office building with 3-bathrooms that sustained flood damage during Hurricane Helene. While the existing structure may be renovated for immediate occupancy or income-generating use, the property's greatest value lies in its redevelopment potential and flexible development opportunities.
The parcel is zoned Neighborhood Business (NB) and designated Retail & Services Limited (R&SL), allowing a variety of uses without requiring zoning or land-use changes. Potential uses include:
• Multi-family residential
• Assisted living facilities
• Bed & breakfast accommodations
• Retail establishments
• Live-work units
• Financial institutions
• Professional and medical offices
Adding to its appeal, the property sits alongside the Pinellas Trail, which attracts approximately 70,000 users per month, and enjoys exposure to Bayshore Boulevard (Alternate US-19), with traffic counts averaging approximately 20,200 vehicles per day.
Nearby amenities include Stirling Park and its golf driving range directly across Palm Boulevard, while the Dunedin Golf & Country Club is located just one-quarter mile away. The property's proximity to Downtown Dunedin, Honeymoon Island, Caladesi Island State Park, recreational amenities, and major transportation corridors makes it an outstanding investment and redevelopment opportunity.
Schedule your private showing today and explore the possibilities this premier Dunedin location has to offer.
The site includes a 3,051-square-foot single-story office building with 3-bathrooms that sustained flood damage during Hurricane Helene. While the existing structure may be renovated for immediate occupancy or income-generating use, the property's greatest value lies in its redevelopment potential and flexible development opportunities.
The parcel is zoned Neighborhood Business (NB) and designated Retail & Services Limited (R&SL), allowing a variety of uses without requiring zoning or land-use changes. Potential uses include:
• Multi-family residential
• Assisted living facilities
• Bed & breakfast accommodations
• Retail establishments
• Live-work units
• Financial institutions
• Professional and medical offices
Adding to its appeal, the property sits alongside the Pinellas Trail, which attracts approximately 70,000 users per month, and enjoys exposure to Bayshore Boulevard (Alternate US-19), with traffic counts averaging approximately 20,200 vehicles per day.
Nearby amenities include Stirling Park and its golf driving range directly across Palm Boulevard, while the Dunedin Golf & Country Club is located just one-quarter mile away. The property's proximity to Downtown Dunedin, Honeymoon Island, Caladesi Island State Park, recreational amenities, and major transportation corridors makes it an outstanding investment and redevelopment opportunity.
Schedule your private showing today and explore the possibilities this premier Dunedin location has to offer.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
3,051 SF
Building Class
C
Year Built
1965
Price
$750,000
Price Per SF
$245.82
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,051 SF
Building FAR
0.14
Lot Size
0.50 AC
Zoning
Neighborhood Business(NB) - Neighborhood Business (NB) along with a Retail and Services Limited (R&SL) land use designation
Parking
10 Spaces (3.28 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Central Heating
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Kelly & Kelly LLP
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Kelly & Kelly LLP | Professional, Scientific, and Technical Services | - | - | - |
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Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 22-28-15-23346-002-0010 | Improvements Assessment | $150,192 |
| Land Assessment | $219,308 | Total Assessment | $369,500 |
Property Taxes
Parcel Number
22-28-15-23346-002-0010
Land Assessment
$219,308
Improvements Assessment
$150,192
Total Assessment
$369,500
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605 Palm Blvd
