990 BroadwayDunedin, FL 34698

  • Land
  • 1,548 SF
For Sale
$6,500,000 View listing

Property Details for 990 Broadway

Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.30 AC
Property size (Sq ft)
1,548 SF
Property type
Land
Property subtype
Commercial land
APN
27-28-15-23076-015-0011
APU
272815230760150011

Description

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).

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $402,612
    Hospitality
    $368,790
    Educational
    $306,829
    Medical
    $317,382
    Retail
    $477,290
990 Broadway, Dunedin, Florida

Location Insight

City
Dunedin
County
Pinellas
State
Florida
Latitude
28.0156
Longitude
-82.7902
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,149
-
-
$288,000
-
$288,000
-
$288,000

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