About This Home

This 6-bedroom, 3-bathroom multi-family at 536 PATRICIA Avenue in Dunedin, FL is listed for $649,000 ($272 per sqft). Built in 1960, the home offers 2,388 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1960
  • 0.16 acre lot

Property Details

1 story
3 full
1960

Amenities

A/C
Listing Description

Turnkey duplex in the heart of Dunedin offering exceptional flexibility for investors, owner-occupants, and multi-generational living. Whether you're building your portfolio, generating immediate cash flow, or living in one residence while renting the other, this property checks every box.

Offering approximately 2,400+/- square feet, the property features two spacious residences, each providing nearly 1,200 square feet with private entrances and comfortable, well-designed layouts. The front residence offers 3 bedrooms and 1 bath, while the rear residence features 3 bedrooms and 1.5 baths, providing added flexibility for tenants and extended family alike.

Inside, bright open living spaces are complemented by soaring vaulted ceilings that create an airy feel rarely found in duplexes. One residence has been beautifully updated with a modern kitchen featuring shaker cabinetry, stainless steel appliances, updated countertops, a contemporary tile backsplash, and a designer-inspired bathroom.

The second residence is equally inviting, offering durable flooring, generous living spaces, and a well-maintained interior ready for immediate occupancy or continued rental income. Outside, mature shade trees, private outdoor spaces, separate laundry facilities, ample off-street parking, and attractive exterior updates make ownership easy while creating comfortable spaces for residents to enjoy.

Best of all, the property is located in a No Flood Zone, offering added peace of mind and potential savings on insurance. Currently generating approximately $57,600 in annual gross rental income, this property delivers immediate cash flow with long-term upside in one of Pinellas County's strongest rental markets The location is just as compelling as the investment.

Walk to neighborhood restaurants, cafes, grocery stores, fresh markets, bowling, pizza, and everyday conveniences. When it's time to unwind, hop on your golf cart or take a leisurely stroll into vibrant Downtown Dunedin, where waterfront sunsets, live entertainment, boutique shopping, craft breweries, and year-round festivals create an unmatched coastal lifestyle.

Just minutes away are the Dunedin Marina, the Pinellas Trail, TD Ballpark-home of Toronto Blue Jays Spring Training-Honeymoon Island State Park, Caladesi Island, and the world-famous white sand beaches of Clearwater. Whether you're expanding your investment portfolio or searching for a property that combines income potential with one of Florida's most desirable lifestyles, this rare Dunedin duplex is an opportunity you won't want to miss.

Monthly Cost Estimate

$3,471/mo

20% down · 6.5% · 30 years

Principal$469
Interest$2,812
Insurance$189

Estimates only. Actual payments may vary.

Location

536 PATRICIA Avenue

Dunedin, FL 34698

DUNEDIN LAKEWOOD ESTATES 1ST ADD

Features & Amenities

Interior Features

Ceiling Fans(s)Living Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorStone CountersThermostatVaulted Ceiling(s)

Exterior Features

Private YardSidewalk

Property Details

Flooring

VinylLaminate

Construction

Block Stucco

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveRangeRange HoodWasher

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 536 PATRICIA Avenue is listed at $649,000 ($272/sqft). The estimated monthly payment is $3,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 0.16 acre lot. Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan. Exterior Features: Private Yard, Sidewalk.

This property is listed by Chiyeen Penachio and can be reached at 7276868281.

CP

Chiyeen Penachio

Agent at Palm Life Realty

(727) 686-8281
Agent website

Listed by Palm Life Realty · Broker phone: (888) 877-4040 · View on Broker Site · Broker website

MLS# TB8527596· Source: Stellar MLS· 91 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

536 PATRICIA Avenue, Dunedin, FL 34698

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