Back 1600 Pasadena Drive
Off Market

1600 Pasadena Drive

Dunedin FL 34698

5
4
1851 sq. ft.
9483 sq. ft.
Duplex
Last sold for $805,000
Dwayne NorthropDwayne Northrop, last sold this property on 30 October 2025 after 195 days on market.

Overview

Turnkey Dunedin Triplex - Located in the beloved Dunedin Golf Cart Zone, steps from the waterfront and perched on the Pinellas Trail this is an Exclusive 5-star rated investment or lifestyle opportunity! Live in the 3-bedroom, 2-bathroom main house and rent the two wonderful studio apartments. If you qualify for a $500,000 mortgage, you may qualify for this home with the expected rental income offset from the two studios. A mortgage fact sheet is available from our preferred lender. This rare triplex is situated a block from the scenic 36-mile Pinellas Trail and just steps from stunning sunset views across St. Joseph's Sound. Built of solid cement block in a ranch-style layout, it offers three fully separate private units with no shared living space—ideal for full-time rental income, a hybrid live-and-rent setup, or a multigenerational lifestyle home. Zoned for short-term 90-day rentals and located outside the flood zone, this property has NO history of storm-surge or water damage. Assumable 5.25% mortgage available to qualified buyers—a rare financing opportunity in today’s market. Live in one unit while renting the others or lease all three for maximum income. The MAIN HOME features 3 bedrooms, private entry, full kitchen, spacious living areas, modern coastal décor, and its own fenced yard. Cement block construction ensures quiet, durable, low-maintenance living. STUDIO A is a newly built Tiny-House–style loft unit with modern finishes, private entrance, and a large yard shared with Studio B. STUDIO B is a single-level, fully furnished studio apartment with a 94% occupancy rate, private entrance, and access to the shared backyard. No units share interior space—each is completely self-contained. Both studios boast new kitchens and HVAC systems. Proven Performance & Guest Appeal Consistently 5-star reviewed on Airbnb and VRBO. High-season bookings are secured a year in advance for the main house and Studio B and returning-guest waitlists keep vacancy low. Walk, bike or golfcart to downtown Dunedin’s award-winning breweries, restaurants, boutiques, art galleries, and community events. Minutes from Honeymoon Island, Clearwater Beach, and the Marina. Close to the American Legion, parks, and seasonal festivals. The published expected rent is based on current annual rates. The property has a history of much higher rental rates on shorter stays. Whether you’re an investor seeking reliable cash flow, a snowbird wanting built-in rental income, or a local looking for a smart live-and-rent arrangement, this Dunedin triplex delivers location, lifestyle, flexibility, and financial performance.

Features

5 bedrooms
4 bathrooms
1851 sq. ft. floor area
9483 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 5 bedroom duplexes sold in Dunedin over the last 12 months.

Property history for 1600 Pasadena Drive

2025
Sold
$805,000
30 Oct 2025 by Dwayne Northrop, of HOMEFRONT REALTY
2021
Sold
$630,000
07 May 2021 by Katie Ducharme, of COASTAL PROPERTIES GROUP INTERNATIONAL

Happy sellers in Dunedin

84%
84% of sellers in Dunedin reported that their sale price either exceeded or met their price expectations.

Dunedin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Dunedin over the last 12 months.

Local market activity for 5 bedroom duplexes in Dunedin

In the last 12 months, 1 five-bedroom duplex similar to 1600 Pasadena Drive, have been sold.

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