1035 MARTIN LUTHER KING JR.
“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 Dunedin’s 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.1035 MARTIN LUTHER KING JR.
Details
TB8475663
N/A
$N/A
$849900
N/A
7536 SQFT
2870 SQFT
1947
6
Residential Income
N/A
Active
Schedule a tour
Similar Homes
Listed by KATIE DUCHARME REALTY, LLC
Listing Contact: 727-492-8490
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed. All information should be independently verified.
©2025 Stellar MLS. All rights reserved.
Data last updated 2/17/2026, 5:45 PM UTC
