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For sale
  • $649,000

    536 Patricia Ave, Dunedin, FL 34698

    3222beds
    1612baths
    2,388sqft
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    Duplex, Multi Family
    Built in 1960
    -- sqft lot
    $611,600 Zestimate®
    $272/sqft
    $-- HOA

    What's special

    Designer-inspired bathroomMature shade treesPrivate entrancesSpacious residencesUpdated countertopsWell-maintained interiorContemporary tile backsplash
    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 $58,800 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.
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Chiyeen Penachio 727-686-8281,

    PALM LIFE REALTY 888-877-4040,

    Walter Penachio 727-688-4040,

    PALM LIFE REALTY

    Source: Stellar MLS,MLS#: TB8527596MLS LogoOriginating MLS: Suncoast Tampa

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3222
      • Bathrooms: 1612
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Washer
      • Laundry: Inside
      Features
      • Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Vaulted Ceiling(s)
      • Flooring: Laminate, Luxury Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 2,388
      • Total interior livable area: 2,388 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Private Yard, Sidewalk
      Lot
      • Size: 6,826 Square Feet
      • Dimensions: 65 x 105
      Details
      • Parcel number: 352815234180000410
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Membrane
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: DUNEDIN LAKEWOOD ESTATES 1ST ADD
      HOA
      • Has HOA: No
      Location
      • Region: Dunedin

      Financial & listing details

      • Price per square foot: $272/sqft
      • Tax assessed value: $420,000
      • Annual tax amount: $3,674
      • Date on market: 7/10/2026
      • Cumulative days on market: 3 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 5600
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $611,600

        $581,000 - $642,000

        $1,923/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$649,000+403.1%$272/sqft
        Source: Stellar MLS #TB8527596 Report a problem
        4/20/2015Sold$129,000$54/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,285 +7%$212,553 +7.4%
        2023$3,070 +8.6%$197,953 +7.3%
        2022$2,825 +4.8%$184,543 +7.2%
        2021$2,696 +3%$172,218 +6.3%
        2020$2,618 +13.2%$161,956 +6.6%
        2019$2,312 $151,954 -1.1%
        2018$2,312 +8.8%$153,577 +12%
        2017$2,124 +15.3%$137,110 +8%
        2016$1,842 +0.3%$126,986 +39.4%
        2015$1,836 +4.6%$91,115 +2.4%
        2014$1,755 +9.2%$89,008 +11.2%
        2013$1,607 +7.2%$80,075 +5.2%
        2012$1,500 $76,111 -17.1%
        2011-- $91,764 -17.4%
        2010-- $111,090 -13.5%
        2009-- $128,414 -13.3%
        2008$2,842 $148,100 -13.3%
        2007-- $170,900 +20.1%
        2005-- $142,300 +16.7%
        2004$2,638 +10.2%$121,900 +10.8%
        2003$2,393 +33%$110,000 +12.8%
        2002$1,800 $97,500 +17.6%
        2001$1,800 +18.5%$82,900 +17.9%
        2000$1,519 $70,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34698

        Getting around

        69 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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