2481 Coronado Way

Dunedin, FL 34698
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2 bd, 1 ba | 1,848 sqft | Built in 1956

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List Price
$299,000

Initial Investment

$81,478

Purchase Price

$299,000

Down Payment

25%

Rent

$2,460

Total Return

$246,920

Annualized Return

33.1%

Cap Rate

6.5%

Gross Yield

9.9%

Cash Flow

$2,202

Appreciation

12.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,011

HOA

None

Flood Risk

High Risk - Zone AE

Discover coastal living with this charming 2-bedroom, 1-bath home in the heart of Dunedin! Perfectly positioned just a block from the water and the Pinellas Trail, and a short walk to the vibrant Dunedin Causeway, this home brings the best of beachside living and local conveniences right to your doorstep. Nestled near popular shops and restaurants, this home offers an unbeatable location with endless potential. While it did experience flooding during Hurricane Helene, it has been approved for $89,000 in FEMA-permitted renovations, providing an excellent opportunity for tailored enhancements. Highlights include a spacious extended garage with the versatility to become a gym, workspace, or extra room, plus a lovely roof top deck with composite decking perfect for relaxing or entertaining. Priced to sell and brimming with possibilities, this Dunedin gem is ready for its next chapter. Don’t miss out—your slice of paradise awaits!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$28,044

Expenses

-$5,237

Property Taxes

-$4,350

Loan Payments

-$16,255

Net Cash Flow

$2,202

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Katie Ducharme Procissi
Agent License 3299801
KATIE DUCHARME REALTY, LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8319256
Last Updated: 11/08/2024 16:11
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