990 BroadwayDunedin, FL 34698
- Land
- 1,548 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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