FL
Pinellas
DUNEDIN
34698
1301 N LOTUS DRIVE
1301 N LOTUS DRIVE, DUNEDIN, FL 34698
Share Listing
Listing Type
Multi Family
Listing Status
Active
70
$759,900

Home Details for 1301 N LOTUS DRIVE

Price
$759,900
Type
Residential Income
Bedrooms
5
Total Bathrooms
5
Square feet
2549
Year built
1959
Lot size acres
0.21
County
Pinellas
Days on site
49
MLS Listing#
TB8470910
Property Description

This exceptional 4-Plex investment opportunity is located in the heart of Dunedin. It offers immediate income, strong location appeal, and multiple avenues for income growth. The property delivers stable cash flow with clear potential to enhance returns by optimizing rents to market levels, capitalizing on short-term rental zoning (Airbnb/VRBO), or leveraging an owner-occupant income strategy. Positioned just minutes from downtown, this asset is not located in a flood zone, helping reduce insurance costs and risk. The property offers 2,550 SF (3,280 SF under roof) with a balanced unit mix of (3) 1BR/1BA and (1) 2BR/2BA, each with private entrances, outdoor patio space, and two dedicated parking spaces, features that drive strong tenant demand and short-term rental appeal. The recently renovated 2BR/2BA unit offers flexibility as a flagship short-term rental unit or an ideal owner-occupant residence. Low operating expenses and tenant-reimbursed utilities create an efficient ownership profile, while below-market rents provide a clear path to increased income over time. 4-Point and Wind Mitigation inspections were completed in March, with clean reports available reinforcing the property’s insurability, financeability, and turnkey investment profile. Located near downtown Dunedin, the Pinellas Trail, waterfront parks, marina, beaches, and a vibrant mix of dining, breweries, and year-round events, the property benefits from consistent demand drivers supporting both long-term and short-term rental performance. This is a rare opportunity to acquire a well-maintained, income-producing asset with built-in upside in one of Tampa Bay’s most desirable coastal submarkets. Opportunities combining in-place income, ShortTermRental flexibility, and non-flood zone positioning in Dunedin are increasingly limited.

View Virtual Tour
Property Features
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Parking
    • Assigned
    • Covered
    • Guest
    • Parking Pad
  • Heating Information
    • Baseboard
    • Electric
    • Space Heater
  • Cooling Information
    • Wall/Window Unit(s)
  • Water Features
    • Public
School Information
School Information for 1301 N LOTUS DRIVE, DUNEDIN, FL 34698
Elementary School
Garrison-Jones Elementary-PN
Middle School
Dunedin Highland Middle-PN
High School
Dunedin High-PN
Listing Courtesy: DUNEDIN REALTY LLC - 727-734-2180
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-03-23 11:41:40
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Stellar MLS.
EXIT KING REALTY
8728 East State Rd 70, Bradenton, FL 34202
Kendel Sailer
Sales Representative
Office
941 497 6060
Agent
941 526 5098
Request more details
Code: