For Sale
$6,500,000

990 BroadwayDunedin, FL 34698

Dunedin Waterfront, High-Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property in Dunedin, Florida, presents a compelling investment opportunity. The 9,983 square foot building, situated on a 13,224 square foot lot, boasts a prime location with high visibility and traffic counts (17,800 cars daily, per FDOT). The two-story structure, renovated in 2023, features New Orleans-style architecture and includes all furniture, fixtures, and equipment (FF&E) valued at over $750,000. The property includes a fully furnished speakeasy lounge, two walk-in coolers, and a unique carousel bar. Currently housing five restaurant/retail tenants, the property offers multiple revenue streams: tenant rent, event space rental, and food and beverage sales. Financial data is available upon request, including five months of actual 2024 revenue ($996,879) and a 2025 pro forma ($1,823,535). The property's solid concrete and steel construction, along with its enclosed atrium, ensures durability and functionality. Three additional units on the second floor offer potential for expansion and increased revenue. This turnkey operation includes operational management staff available to facilitate a smooth transition for the new owner. The asking price is $6,500,000 ($851.45/sq ft). The property's address is 990 Broadway, Dunedin, FL 34698 (APN: 27-28-15-23076-015-0011).

Highlights

  • 9,983 SF building with enclosed atrium.
  • Five existing restaurant/retail leases on the first floor, with potential for long-term renewal. Three additional second-floor units available for lease.
  • Prime Dunedin location offering high visibility for retail and restaurant businesses.
  • High-traffic location at a signalized intersection with 17,800 cars passing daily (FDOT data).
  • Ideal mixed-use value-add investment opportunity.

Property Details for 990 Broadway

Property type
Retail properties, Restaurants
Square Feet
9,983 SF
Year Renovated
2023
Buildings
1
Stories
2
Units
6

Location Insight

City
Dunedin
County
Pinellas
State
Florida
Latitude
28.0155321
Longitude
-82.7901976
990 Broadway, Dunedin, Florida

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990 Broadway
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