536 Patricia Ave

About this home

Turnkey duplex in the heart of Dunedin offering exceptional flexibility for investors, owner-occupants, and multi-generational living. Whether you’re building your portfolio, generating immediate cash flow, or living in one residence while renting the other, this property checks every box. Offering approximately 2,400± square feet, the property features two spacious residences, each providing nearly 1,200 square feet with private entrances and comfortable, well-designed layouts. The front residence offers 3 bedrooms and 1 bath, while the rear residence features 3 bedrooms and 1.5 baths, providing added flexibility for tenants and extended family alike. Inside, bright open living spaces are complemented by soaring vaulted ceilings that create an airy feel rarely found in duplexes. One residence has been beautifully updated with a modern kitchen featuring shaker cabinetry, stainless steel appliances, updated countertops, a contemporary tile backsplash, and a designer-inspired bathroom. The second residence is equally inviting, offering durable flooring, generous living spaces, and a well-maintained interior ready for immediate occupancy or continued rental income. Outside, mature shade trees, private outdoor spaces, separate laundry facilities, ample off-street parking, and attractive exterior updates make ownership easy while creating comfortable spaces for residents to enjoy. Best of all, the property is located in a No Flood Zone, offering added peace of mind and potential savings on insurance. Currently generating approximately $57,600 in annual gross rental income, this property delivers immediate cash flow with long-term upside in one of Pinellas County’s strongest rental markets The location is just as compelling as the investment. Walk to neighborhood restaurants, cafés, grocery stores, fresh markets, bowling, pizza, and everyday conveniences. When it’s time to unwind, hop on your golf cart or take a leisurely stroll into vibrant Downtown Dunedin, where waterfront sunsets, live entertainment, boutique shopping, craft breweries, and year-round festivals create an unmatched coastal lifestyle. Just minutes away are the Dunedin Marina, the Pinellas Trail, TD Ballpark—home of Toronto Blue Jays Spring Training—Honeymoon Island State Park, Caladesi Island, and the world-famous white sand beaches of Clearwater. Whether you’re expanding your investment portfolio or searching for a property that combines income potential with one of Florida’s most desirable lifestyles, this rare Dunedin duplex is an opportunity you won’t want to miss.

Facts

Home type

Duplex

Year built

1960

Lot

0.16 acres

Stories

1

Annual taxes

$3,675

Subdivision

Dunedin Lakewood Estates 1st Add

County

Pinellas

Features

Community

Street Lights

Virtual tour

Open the virtual tour (opens in a new tab)

Location