240 Causeway Boulevard, Dunedin, FL 34698

$1,850,000
3,240
SqFt

Property Description

An exceptional commercial real estate opportunity awaits you in Dunedin, FL, the brightest jewel in the crown of Florida’s beautiful Sun Coast. Ideally located on the Dunedin Causeway, the land bridge that spans Clearwater Bay, from the mainland to the popular Gulf of Mexico beaches of Honeymoon and Caladesi Island State Parks, this meticulously maintained property offers breathtaking water, island and sunset vistas, and is only a 25-minute drive from Tampa International Airport. This property is the last commercial building on the Causeway before reaching the water and Honeymoon Island, the most popular state park in Florida, and third most visited state park in the US, boasting over 1.5MM happy beachgoers annually. This area is well known for its outstanding outdoor activities, including cycling, hiking, fishing, boating, kayaking, jet skiing and more. Cycling is particularly popular here, because just a few blocks from this property, Causeway Blvd intersects with the Pinellas Trail, the busy bike path that extends the entire 45-mile length of Pinellas County, from Tarpon springs in the north to St. Petersburg in the south. Situated on a corner lot within a stone’s throw of the emerald green waters of Clearwater Bay, this 15,000 sq ft professionally landscaped property offers 125 ft. of Causeway frontage, and a modern 3,240 sq ft building extensively renovated and updated to the latest codes in 2017/2018. Take ownership of the existing business in place, Barracuda Bob’s Island Surf & Sports, or bring your own multi-million-dollar ideas to transform this blank canvas into your own personal masterpiece. An incredible investment opportunity, the real value here isn’t just your stand-alone business that will thrive here, but more so in the continued rapid appreciation that properties along the Causeway will experience over the next decade and beyond. This is truly your chance to live the dream. Adjacent to this property are two vacant lots, and a second commercial property, priced to yield a developer’s dream plot to erect a score of $1.5MM townhomes, ready to cater to the growing demand for high-end water view residential spaces; a project worth $30MM+ once complete. This is your once-in-a-lifetime opportunity to seize the incredible potential of this unique commercial property and leave your indelible mark on the city of Dunedin. Act now!

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Listing courtesy of IBR REALTY CORP.