# 620 UNION STREET, Dunedin, FL 34698

> **TL;DR:** commercial, $950,000 ($264/sqft), built 1971, 3,600 sqft. Est. $4,117/mo. Listed 104 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $950,000 |
| Price/sqft | $264 |
| Square Feet | 3,600 |
| Year Built | 1971 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Property Type | Commercial (Mixed Use) |
| Status | For Sale |
| Days on Market | 104 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,117 |
| **Total** | **$4,117** |

## Property Highlights

- Built in 1971
- 0.19 acre lot

## Description

### Agent Description
Leased light industrial investment with contractual 3% annual rent increases, providing stable income and long-term upside in Dunedin's supply-constrained industrial market.  Positioned in one of Pinellas County's most supply-constrained industrial submarkets, this 3,600 FT light industrial asset in Dunedin offers investors stable income today with built-in growth and long term optionality.  The property features a functional office/warehouse layout and is currently leased to an established tenant at $4,150/month with 3% annual increases, providing predictable income growth over the remaining lease term. The configuration also allows for potential division into two units, creating future flexibility for multi-tenant leasing or partial owner-user occupancy.  At the current asking price of $950,000, the property offers an estimated 4.45% cap rate with contractual rent growth that increases forward yield over time, making it an attractive core-plus industrial hold in a coastal Florida market where industrial inventory remains limited.  Industrial assets in Dunedin and the greater Pinellas County market continue to experience strong demand and limited new supply, supporting long-term tenant demand and value stability. 
This opportunity is well suited for: 
- Investors seeking stable income with contractual rent increases. 
- Buyers looking for long-term industrial exposure in a high-barrier coastal market.
- Owner-users seeking future flexibility while collecting income. 
With durability tenancy, annual rent growth, and multiple future positioning strategies, this property represents a compelling opportunity to acquire a well-located light industrial asset in a market where similar properties rarely become available.

## Location

- **Address:** 620 UNION STREET, Dunedin, FL 34698
- **County:** Pinellas
- **Neighborhood:** DEXTER PARK 1ST ADD
- **Coordinates:** 27.997644, -82.78301
- **Google Maps:** https://www.google.com/maps?q=27.997644,-82.78301

## Listing Agent

- **Name:** Tiffany Novitsky
- **Brokerage:** LAUREN MICHAELS R.E. PARTNERS
- **Phone:** 3238045043
- **Email:** tiffanylmrep@gmail.com

## Primary Photo

![620 UNION STREET - Primary Photo](http://lh.rdcpix.com/a48e7c7ca40c3c84d413e72ba5aca9f0l-f4206527228r.jpg)

*45 total photos available on [listing page](https://www.propertysimple.com/listing/620-union-street-dunedin-fl-34698-b8477471)*

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**MLS#:** TB8477471 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/620-union-street-dunedin-fl-34698-b8477471)

---

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