639 MICHIGAN BOULEVARD #1500 Dunedin, FL $ 2,200,000
639 MICHIGAN BOULEVARD #1500
$ 2,200,000
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639 MICHIGAN BOULEVARD #1500

Dunedin, FL, 34698
$ 2,200,000
Bedrooms-- Baths-- Sq 2,336

Monthly Estimate*

$ 13,725

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Commercial Property for sale in Dunedin, FL

for $2,200,000. This 2,336 square foot building was built in 1956 on a lot size of 0.06.

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.

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Commercial Active

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 5,589

Style

Mixed Use

Lot Size

0.06

Year Built

1956

Town/City

Dunedin

County/Region

Pinellas

MLS | Web ID

TB8415473

Features
General
Sewer public sewer
Heating central
Cooling central air
Utilities public
Appliances dishwasher microwave refrigerator
Security Features fire alarm fire sprinkler system smoke detector(s)
Construction Materials block
Year Built 1956
Unit Number 1500
Property Subtype mixed use
Tax Year 2024
Ownership sole proprietor
Business Type assisted living
Accessibility accessible bedroom accessible full bath accessible kitchen accessible central living area
Business Name dunedin quality of life
County pinellas
New Construction no
Property Type business opportunity
HOA N
Subdivision Name heatherwood place
Status active
City dunedin
MLS Area 34698 - dunedin
Lot Size Units square feet
Lot Size Square Feet 2566
Listing Terms cash conventional fha other owner may carry va loan
Tax Annual Amount 5589.23
Additional Parcels Y/N no
Virtual Tour https://www.propertypanorama.com/instaview/stellar/tb8415473
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot 0010
Legal Description heatherwood place (unrecorded) parcel 2 & part of parcel 3 aka aclf tract all being desc as from nw cor of se 1/4 of ne 1/4 of sec 22-28-15 th n89d58'46 e 302.35ft th s00d00'26 e 210ft th n89d
Water Access Y/N no
Water View Y/N no
Flood Zone Code ae
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Interior
Flooring laminate luxury vinyl
Total Stories 1
Air Conditioning Y/N yes
Heating Y/N yes
Total Baths 0
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Exterior
Water Source public
Lot Size Area 2566
Foundation Details slab
Number of Buildings 1
Building Area Total 2336
Lot Size Acres 0.06
Road Surface Type asphalt
Waterfront Y/N no
Road Frontage Type access road city street other
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Internal Only
Street Number 1 639
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* Excluded Features
List By
Mcbride Kelly & Associates

Broker

wallas@mkarealty.com

Email

Affordability Calculator

$14,191
Per Month
97%
3%
0%
Monthly Principal & Interest
$13,725
Monthly Property Taxes
$466
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/8/2025$2,200,000 Listed Price

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639 MICHIGAN BOULEVARD #1500, Dunedin, FL, 34698 is a Commercial Property for sale at $2,200,000 with 2,336 sqft and a lot size of 0.06. 639 MICHIGAN BOULEVARD #1500 was built in 1956. The property's zip code is 34698 which is in Dunedin, FL