1301 N Lotus Drive
DUNEDIN, FL 34698
5
Bed
5
Bath
2,549Sqft
0.21Acre(Lot)
Under contract-accepting backup offers. 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 (7% Cap Rate) 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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 5Bathroom Information
Total Baths: 5Interior Features
Ceiling Fans(s) Roof: Shingle Appliances: Range, Refrigerator Laundry Features: Laundry Closet, OutsideRoofing Information
Shingle -
Flooring Information
Flooring: Carpet, Laminate, Linoleum, Luxury Vinyl, Tile Construction Materials: Block -
Heating & Cooling
Heating: Baseboard, Electric, Space Heater Cooling: Wall/Window Unit(s) WaterSource: Public
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Building Information
Year Built: 1959 -
Exterior Features
Fence, Hurricane Shutters, Lighting, Private Entrance, Sliding Doors, Storage Construction Materials: Block Foundation Details: Slab Road Responsibility: Public Maintained Road
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Lot Information
Lot Dimensions: 79x120 Lot Description: Corner Lot, City Limits, Landscaped, Near Public Transit, Paved Lot Square Feet: 9357 Lot Acres: 0.21 Lot Size (SqMt): 869Property Information
Property Type: Residential Income Sub Type: Quadruplex
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Listing Price Information
Original List Price:$749900
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Tax Information
Tax Block: 1 Tax Book Number: 41-49 Tax Lot: 1 Tax Legal Description: SUNNY RIDGE BLK 1, LOT 1 Annual Tax: $8801 Tax Year: 2025 Parcel Number: 26-28-15-86976-001-0010
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Virtual Tour
Parking Information
Assigned, Covered, Guest, Parking Pad
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School Information
Elementary School: Garrison-Jones Elementary-PN Junior High School: Dunedin Highland Middle-PN Senior High School: Dunedin High-PN -
Utility Information
Cable Connected, Electricity Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: SUNNY RIDGE City: DUNEDIN Direction: From Main St, North on Pinehurst, Right on Lotus, SE corner Property on Right
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 79 Patricia Avenue, Dunedin, FL, 34698 | $999,000 | 5 | 5 | 2,357 | 2,357 SqFt |
| 536 Patricia Avenue, Dunedin, FL, 34698 | $649,000 | 127 | 1,612 | 2,388 | 2,388 SqFt |
| 638 Dogwood Court, Dunedin, FL, 34698 | $524,000 | 4 | 2 | 1,392 | 1,392 SqFt |
| 1193 & 1195 Bass Boulev.., Dunedin, FL, 34698 | $675,000 | 6 | 3 | 1,927 | 1,927 SqFt |
Similar Multifamily To 1301 N Lotus Drive
Nearby For Sale
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ByOwner last updated this listing 07/15/2026 @ 06:20
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