Address: 1035 Martin Luther King Jr., DUNEDIN, FL 34698
Description
Prime Downtown Dunedin Triplex Fully Renovated & Turnkey Investment Opportunity
Located in the heart of Downtown Dunedin, this fully renovated triplex offers an exceptional opportunity for investors, owner occupants, or those seeking a lifestyle property with strong income potential. The property is zoned Downtown Residential, and owner occupied bed and breakfast use is permitted, offering added flexibility for future use.
The property features three vacant 2 bedroom units ideal for house hacking, long term rentals, short term rental potential (buyer to verify locally) boutique bed and breakfast concept. 2 units are 2 bed 1 bath and one unit is a 2 bed 1.5 bath.
Total living area is approximately 2,870 square feet, comprised of 842 sq ft at 1035 MLK, 1,186 sq ft at 500 Frances Street, and 842 sq ft at 502 Frances Street, all situated on a 7,560 sq ft lot in Flood Zone X for added peace of mind. Each unit has a separate electric meter, with two units sharing a water meter.
This prime location places you just off one of Dunedins main streets and within walking distance to Downtown Dunedin, the Dunedin Marina and Pier, the Pinellas Trail, waterfront parks, shops, restaurants, and popular local breweries. The property also enjoys peaceful park views directly across the street.
Extensively updated in 2026, the triplex features new wall A/C units, luxury vinyl plank flooring throughout, fully remodeled bathrooms with new tile, vanities, sinks, valves, and tubs, fresh interior texture and paint, and fresh exterior paint. Additional improvements include three brand new water heaters, new ceiling fans in all units, updated electrical systems with two new sub panels, new breakers, and new outlets throughout.
One unit boasts a completely new kitchen with quartz countertops, new cabinetry, and sink. All units are equipped with new stainless steel appliances, including microwaves, ranges, and refrigerators.
This is a true turnkey multi family investment in one of the most desirable areas of Pinellas County. Whether you are expanding your portfolio, seeking passive income, or looking for a live and rent opportunity in vibrant Downtown Dunedin, this property delivers location, condition, and versatility in one outstanding package.
Prime Downtown Dunedin Triplex Fully Renovated & Turnkey Investment Opportunity
Located in the heart of Downtown Dunedin, this fully renovated triplex offers an exceptional opportunity for investors, owner occupants, or those seeking a lifestyle property with strong income potential. The property is zoned Downtown Residential, and owner occupied bed and breakfast use is permitted, offering added flexibility for future use.
The property features three vacant 2 bedroom units ideal for house hacking, long term rentals, short term rental potential (buyer to verify locally) boutique bed and breakfast concept. 2 units are 2 bed 1 bath and one unit is a 2 bed 1.5 bath.
Total living area is approximately 2,870 square feet, comprised of 842 sq ft at 1035 MLK, 1,186 sq ft at 500 Frances Street, and 842 sq ft at 502 Frances Street, all situated on a 7,560 sq ft lot in Flood Zone X for added peace of mind. Each unit has a separate electric meter, with two units sharing a water meter.
This prime location places you just off one of Dunedins main streets and within walking distance to Downtown Dunedin, the Dunedin Marina and Pier, the Pinellas Trail, waterfront parks, shops, restaurants, and popular local breweries. The property also enjoys peaceful park views directly across the street.
Extensively updated in 2026, the triplex features new wall A/C units, luxury vinyl plank flooring throughout, fully remodeled bathrooms with new tile, vanities, sinks, valves, and tubs, fresh interior texture and paint, and fresh exterior paint. Additional improvements include three brand new water heaters, new ceiling fans in all units, updated electrical systems with two new sub panels, new breakers, and new outlets throughout.
One unit boasts a completely new kitchen with quartz countertops, new cabinetry, and sink. All units are equipped with new stainless steel appliances, including microwaves, ranges, and refrigerators.
This is a true turnkey multi family investment in one of the most desirable areas of Pinellas County. Whether you are expanding your portfolio, seeking passive income, or looking for a live and rent opportunity in vibrant Downtown Dunedin, this property delivers location, condition, and versatility in one outstanding package.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Lighting
Flooring: Laminate
Living Area: 2870.00
Roof: Other
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Heating: Electric
Sewer: Public Sewer
Utilities: Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Furnished: Unfurnished
Interior Features: Living Room/Dining Room Combo, Ninguno
Wonderful and unique duplex where each unit is over 2,000 sq ft. Build in 2008 concrete solid construction where each unit has an open modern floor plan, volume ceilings, patio that leads to a fenced
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