Ad #7825546
MLS #TB8469648
Rare MF-15 zoned development opportunity in the heart of Dunedin
1136 DOUGLAS AVE, Dunedin, FL 34698
$849,000
--Beds
--Baths
--Sqft
0.42Acres
About this property
Rare MF-15 zoned development opportunity in the heart of Dunedin, directly fronting the Pinellas Trail and backing to a city park--one of the most desirable infill locations in Pinellas County. This +-0.43-acre assemblage (approximately 37,052 SF) consists of the north portions of Lots 1-4, Block 6, together with a fee-owned, vacated public right-of-way, creating a large, buildable site with flexible layout potential. The vacated right-of-way is part of the ownership and fully usable for development, enhancing site efficiency beyond typical Dunedin infill parcels. The property is surrounded by successful multifamily, residential, and mixed-use development, reinforcing both market demand and long-term value. Major advantage: The owner has met with the City of Dunedin, and up to four (4) multifamily units may be developed by right without the need for a City Development Order, resulting in significant time and cost savings. This streamlined approval path is rare in Dunedin and materially improves project feasibility and speed to vertical construction.
The MF-15 zoning district allows up to 15 units per acre, with building heights up to 50 feet / 5 stories (subject to code and design review). Setback standards and dimensional criteria support efficient site planning, ideal for townhomes, boutique multifamily, or luxury rental units. Developers may also explore elevated or upper-level designs, which could capture possible water views depending on unit configuration. The site's direct Pinellas Trail frontage creates a premium lifestyle appeal--walk or bike directly to Downtown Dunedin, local breweries, restaurants, shops, marina, and waterfront parks. Trail-facing units command higher rents and resale values, while the adjacent park provides permanent green space buffering and privacy--an increasingly rare combination.
Utilities are in place, including public water, sewer, and electric, and the property is located within city limits on a paved, publicly maintained road. The surrounding neighborhood reflects active redevelopment momentum, including multifamily and mixed-use projects, further validating the site's highest and best use. This offering is ideal for a developer or investor seeking a *ready-to-build* Dunedin project with zoning certainty, reduced entitlement risk, and exceptional location fundamentals. This extremely rare opportunity combines MF-15 zoning, trail frontage, park adjacency, downtown proximity, and development-order exemption in one package. Sold for land value only. No access to the existing home until under contract.
Property Features
0 Beds
0 Baths
0 Sqft
0.42 Acres
$12,515 / yr property tax
Pinellas County
TOWN OF DUNEDIN Community
Additional Photos
Contact Information
Walter Penachio
Palm Life Realty
727-688-4040
Location
Listing Agent: Walter Penachio (License #: 3043989) 727-688-4040
Broker: Palm Life Realty 888-877-4040 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Palm Life Realty 888-877-4040 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$849,000
--
Beds
--
Baths
--
Sqft
1136 DOUGLAS AVE, Dunedin, FL 34698
By contacting this agent you agree to these Terms and Conditions.
MLS# TB8469648
Rare MF-15 zoned development opportunity in the heart of Dunedin
$849,000
1136 DOUGLAS AVE, Dunedin, FL 34698
--
Beds
--
Baths
--
Sqft
0.42
Acres
$849,000
1136 DOUGLAS AVE, Dunedin, FL 34698
-- Beds
-- Baths
-- Sqft
0.42 Acres
Rare MF-15 zoned development opportunity in the heart of Dunedin, directly fronting the Pinellas Trail and backing to a city park--one of the most desirable infill locations in Pinellas County. This +-0.43-acre assemblage (approximately 37,052 SF) consists of the north portions of Lots 1-4, Block 6, together with a fee-owned, vacated public right-of-way, creating a large, buildable site with flexible layout potential. The vacated right-of-way is part of the ownership and fully usable for development, enhancing site efficiency beyond typical Dunedin infill parcels. The property is surrounded by successful multifamily, residential, and mixed-use development, reinforcing both market demand and long-term value. Major advantage: The owner has met with the City of Dunedin, and up to four (4) multifamily units may be developed by right without the need for a City Development Order, resulting in significant time and cost savings. This streamlined approval path is rare in Dunedin and materially improves project feasibility and speed to vertical construction.
The MF-15 zoning district allows up to 15 units per acre, with building heights up to 50 feet / 5 stories (subject to code and design review). Setback standards and dimensional criteria support efficient site planning, ideal for townhomes, boutique multifamily, or luxury rental units. Developers may also explore elevated or upper-level designs, which could capture possible water views depending on unit configuration. The site's direct Pinellas Trail frontage creates a premium lifestyle appeal--walk or bike directly to Downtown Dunedin, local breweries, restaurants, shops, marina, and waterfront parks. Trail-facing units command higher rents and resale values, while the adjacent park provides permanent green space buffering and privacy--an increasingly rare combination.
Utilities are in place, including public water, sewer, and electric, and the property is located within city limits on a paved, publicly maintained road. The surrounding neighborhood reflects active redevelopment momentum, including multifamily and mixed-use projects, further validating the site's highest and best use. This offering is ideal for a developer or investor seeking a *ready-to-build* Dunedin project with zoning certainty, reduced entitlement risk, and exceptional location fundamentals. This extremely rare opportunity combines MF-15 zoning, trail frontage, park adjacency, downtown proximity, and development-order exemption in one package. Sold for land value only. No access to the existing home until under contract.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.42 Acres
FINANCIAL & COMMUNITY
$12,515 / yr property tax
Pinellas County
TOWN OF DUNEDIN Community
Location
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Ad Statistics
Ad Number
7825546
Viewed
0 time
Listing Status
Active
Added
May 28, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
TB8469648
Listing Agent: Walter Penachio (License #: 3043989) 727-688-4040
Broker: Palm Life Realty 888-877-4040 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Palm Life Realty 888-877-4040 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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