Dunedin, FL 34698,639 MICHIGAN BLVD #1500
Dunedin, FL 34698,639 MICHIGAN BLVD #1500
Dunedin, FL 34698,639 MICHIGAN BLVD #1500
Dunedin, FL 34698,639 MICHIGAN BLVD #1500
Dunedin, FL 34698,639 MICHIGAN BLVD #1500
Dunedin, FL 34698,639 MICHIGAN BLVD #1500
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$ 2,200,000
Est. payment | /mo

2,336 SqFt


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$ 2,200,000
Est. payment | /mo
Save

2,336 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,336 sqft

Price per Sqft $941

Subdivision Heatherwood Place

MLS Listing ID TB8415473

HOA Y/N No

Year Built 1956

Annual Tax Amount $5,589

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

Amazing opportunity to own a licensed 8-bed Assisted Living Facility (ALF) in the heart of Dunedin, with a variance approved for up to 14 beds. This newly updated facility is being positioned as an APD (Agency for Persons with Disabilities) group home or day school model, offering low overhead and strong income potential.

The property features 6 private bedrooms, each with its own full bathroom, a fully remodeled kitchen, updated flooring, accessible bathrooms, and ample on-site parking. The building meets current county codes and ALF/APD standards.

Projected income is approximately $6,000 per bed/month. Patients are eligible for a $700/month food allowance, and the county provides transportation for residents to attend school (until 5pm on weekdays and 2pm on weekends), minimizing staffing needs. Staffing is only required between approximately 7am–7pm.

Seller financing available with favorable terms. Sale is contingent upon seller stabilizing occupancy with 8 residents and providing financials upon stabilization.

Minutes from downtown Dunedin and Honeymoon Island Beach.

Perfect for investors or operators seeking a turnkey income-producing facility in one of Dunedin's most desirable areas.

Location

State FL

County Pinellas

Community Heatherwood Place

Area 34698 - Dunedin

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Luxury Vinyl

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Utilities Available Public

Building

Story 1

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional, FHA, Other, Owner Financing, VA Loan

Listing Terms Cash, Conventional, FHA, Other, Owner Financing, VA Loan

Special Listing Condition None

Stellar MLS
Listed by MCBRIDE KELLY & ASSOCIATES
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639 MICHIGAN BLVD #1500