NOT IN A FLOOD ZONE, NO HOA, AND JUST BLOCKS FROM DOWNTOWN DUNEDIN! Welcome to 1136 Granada Street, where LOCATION, UPDATES, and INCOME POTENTIAL come together! This versatile property features a 2-BEDROOM, 1-BATHROOM MAIN HOME WITH AN OPTIONAL DEN/OFFICE plus a DETACHED 1-BEDROOM, 1-BATHROOM ACCESSORY DWELLING UNIT (ADU)! Ideal for multigenerational living, guests, or a private rental retreat! Whether you’re looking for a full-time residence, seasonal getaway, or a property with the ability to generate additional income, this unique opportunity offers the flexibility to make it your own! THE DETACHED ADU IS A STANDOUT FEATURE! With its own bedroom, bathroom, and ductless A/C, this separate garage apartment offers privacy and flexibility. Previously used as an Airbnb, the ADU offers potential to earn $2,000-$2,500 per month and UP TO $4,000 PER MONTH DURING SEASON, based on the seller’s rental and booking history. Rental income is not guaranteed; buyers should verify rental regulations and projections. Imagine helping offset ownership expenses while enjoying the best of Dunedin! The separate living quarters are also ideal for hosting family and friends while allowing everyone to enjoy their own private space! The charming main residence offers 2 bedrooms, 1 bathroom, and a flexible den or office, perfect for working from home, hobbies, or a cozy retreat. Coastal character meets modern convenience with IMPRESSIVE UPDATES! A NEW ROOF was installed in 2025, complete with NEW SOFFITS AND FASCIA! The kitchen and bathroom were updated in 2025/2026. Additional improvements include fresh interior and exterior paint in 2025, an upgraded electrical panel with GFCI and surge protection, and a 2024 WATER HEATER! Main-home HVAC was installed in 2017, while the ADU features its own ductless A/C installed in 2018. BRING YOUR BOAT, RV, AND GOLF CART! NO HOA means added flexibility, with parking possibilities for your Florida toys, subject to local rules. Additional driveway concrete improvements are planned for 2026. Another major bonus: the property is in FLOOD ZONE X, where flood insurance is generally not required by federally regulated mortgage lenders! LOCATION, LOCATION, LOCATION! Just blocks from vibrant DOWNTOWN DUNEDIN, enjoy restaurants, boutiques, breweries, live music, festivals, farmers markets, and waterfront dining. Hop on your golf cart and discover the small-town charm that makes this community so special! The famous PINELLAS TRAIL is just ONE BLOCK away for biking, walking, and jogging, while the scenic EDGEWATER TRAIL is ONE BLOCK in the other direction for waterfront views and stunning sunsets! Enjoy morning bike rides, afternoon adventures, and evenings exploring one of Pinellas County’s most beloved coastal communities! Spend the day at HONEYMOON ISLAND STATE PARK or CLEARWATER BEACH, explore local marinas, go kayaking or fishing, and enjoy nearby golf and Toronto Blue Jays Spring Training baseball. The FREE TROLLEY is within walking distance, offering another convenient way to explore the area. Located in the Dunedin school area, this home puts coastal living and community attractions close to home. TWO DISTINCT LIVING SPACES! NO HOA! FLOOD ZONE X! NEW 2025 ROOF! DETACHED ADU WITH RENTAL POTENTIAL! Whether you want a primary residence, multigenerational setup, investment opportunity, or Florida getaway, 1136 GRANADA STREET offers a rare combination of LIFESTYLE, LOCATION, AND VERSATILITY. WELCOME HOME!