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$1,799,900
91 Days Online

536 Scotland Street
Dunedin, FL 34698

For Sale|Single Family Home|Active
2
Beds
2
Full Baths
0
Partial Baths
1,764
SqFt
$1,020
/SqFt
1925
Built
Subdivision:
Dunedin Heights
County:
Pinellas
Listing courtesy of Lori Wentworth of EZ CHOICE REALTY

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536 Scotland Street536 Scotland Street536 Scotland Street536 Scotland Street
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Corresponding MLS ID: U8156643. This property, which consists of a picturesque, charming home built in 1925 and a lovely two-story duplex built in 1935, qualifies for the city of Dunedin’s special Bed-and-Breakfast provision, which conditionally allows the owner to run an AirBNB or VRBO based-business legally, if living in one of the homes, Please confirm with city of Dunedin. The house (1764 total living square ft) has incredible landscaping and mature trees. The fenced backyard has a heated pool and heated spa and a tiki bar. The house has two bedrooms and two bathrooms and another room that can be converted into a bedroom. It has the original hardwood floor and original windows. Kitchen has been recently updated which includes a new granite counter top. Also, house has a laundry room with washer and dryer, and has a storage shed near the fence entrance. The duplex (1748 total living square ft) has a unit downstairs and another unit upstairs. The downstairs unit has two bedrooms, a Jack-and-Jill bathroom, and French doors that lead out to a large, brick paved patio. The upstairs unit has one bedroom and one bathroom. The kitchen in the upstairs unit has been completely remodeled with new kitchen cabinets, new granite counter top, and new appliances. The washer and dryer are also new. The upstairs unit is fully equipped with upgraded furniture, televisions, linen, dinnerware, silverware, kitchenware, pictures, and décor. Additionally, the upstairs unit has a spacious wooden balcony with steps that lead down to the back yard. There is a storage shed under the balcony. There is enough parking at the paved parking area for six vehicles. As investment, the best use for this property is to qualify for Dunedin’s Bed-and-Breakfast provision. This allows the property owner to run a bed-and-breakfast (Airbnb or VRBO) establishment. In order to qualify, the owner must live in one of the three units. Assuming the owner lives in the duplex’s upstairs unit, the estimated gross income is $45000 for the downstairs unit and $80000 for the house. This estimate is based on comparisons with similar properties in downtown Dunedin. Potential buyers of this property must do due diligence in their estimates/projections of properties income and profit. Currently, two tenants are living at this property. The tenant living at the house (536 Scotland St.) is paying $2850 per month which includes lawn maintenance, water/sewer/garbage, pest control, and pool service. The tenant living at the duplex’s downstairs unit (711 Louden B) is paying $1750 which includes lawn maintenance, water/sewer/garbage, and pest control. Please do not disturb tenants. An arrangement has been made with tenants to show the house and the downstairs unit at designated times, two times per week. Listing Realtor is very knowledgeable about the process to obtain a Dunedin’s Bed-and-Breakfast provision, and has personal experience in engaging in the Bed-and-Breakfast business, allowable by city ordinance.

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Listing Snapshot
Price 
$1,799,900
Days Online 
91 Days
Bedrooms 
2
Inside Area (SqFt) 
1,764 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
1925
MLS Number 
U8156646
Status 
Active
Property Tax 
$9,716
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
3 months agoPrice changed to $1,799,900
3 months agoPrice changed to $1,899,900
3 months agoListing first seen online
General Features
Style 
Bungalow
Parking 
Alley AccessAssignedGuestOff StreetParking Pad
Sewer 
Public Sewer
Number of Stories 
Multi/Split1
Acreage 
0.24
Water 
None
Property Sub Type 
Single Family Residence
Utilities 
Electricity ConnectedPropaneWater Connected
Minimum Lease 
No Minimum
Interior Features
Cooling 
Central Air
Heating 
CentralPropane
Appliances 
Range
Flooring 
Wood
Interior 
Ceiling Fans(s)Master Bedroom Main Floor
Fireplace 
Yes
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Exterior Features
Roof 
Shingle
Pool 
true
Spa 
Yes
Pool Features 
HeatedIn Ground
Spa Features 
Heated
Waterfront Property 
No
Private Pool 
true
Exterior 
FenceSidewalkSprinkler MeteredStorage
Other Structures 
Guest HouseOther
Community Features
Township 
28
Senior Community 
No
MLS Area 
34698 - Dunedin
Schools
School District
Unknown
Elementary School
San Jose Elementary-PN
Middle School
Dunedin Highland Middle-PN
High School
Dunedin High-PN
Listing courtesy of Lori Wentworth of EZ CHOICE REALTY



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Data last updated at: 2022-06-26 05:10 AM EDT

Neighborhood & Commute
Source: Walkscore
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