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$2,200,000
New Listing

639 MICHIGAN BOULEVARD 1500
DUNEDIN, FL 34698

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
2,336
SqFt
$942
/SqFt
1956
Built
Subdivision:
HEATHERWOOD PLACE
County:
Pinellas

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(352) 274-3800
639 MICHIGAN BOULEVARD 1500639 MICHIGAN BOULEVARD 1500639 MICHIGAN BOULEVARD 1500639 MICHIGAN BOULEVARD 1500
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Amazing opportunity to own a licensed 8-bed Assisted Living Facility (ALF) in the heart of Dunedin, with a variance approved for up to 14 beds. This newly updated facility is being positioned as an APD (Agency for Persons with Disabilities) group home or day school model, offering low overhead and strong income potential. The property features 6 private bedrooms, each with its own full bathroom, a fully remodeled kitchen, updated flooring, accessible bathrooms, and ample on-site parking. The building meets current county codes and ALF/APD standards. Projected income is approximately $6,000 per bed/month. Patients are eligible for a $700/month food allowance, and the county provides transportation for residents to attend school (until 5pm on weekdays and 2pm on weekends), minimizing staffing needs. Staffing is only required between approximately 7am–7pm. Seller financing available with favorable terms. Sale is contingent upon seller stabilizing occupancy with 8 residents and providing financials upon stabilization. Minutes from downtown Dunedin and Honeymoon Island Beach. Perfect for investors or operators seeking a turnkey income-producing facility in one of Dunedin’s most desirable areas.

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Listing Snapshot
Price 
$2,200,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,336 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1956
MLS® Number 
TB8415473
Status 
Active
Property Tax 
$5,589.23
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
13 hours agoListing first seen on site
General Features
Acres 
0.06
Foundation 
Slab
Number Of Stories 
1
Property Sub Type 
Mixed Use
Security 
Fire AlarmFire Sprinkler SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
2336
Water Source 
Public
Interior Features
Appliances 
DishwasherMicrowaveRefrigerator
Cooling 
Central Air
Flooring 
Laminate
Heating 
Central
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Exterior Features
Construction Details 
Block
Road Frontage 
City StreetOther
Community Features
Accessibility Features 
Accessible EntranceAccessible BedroomAccessible Full BathAccessible KitchenAccessible Central Living Area
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
34698 - Dunedin
Roads 
Asphalt
Township 
28
Listing courtesy of MCBRIDE KELLY & ASSOCIATES 7049531922



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-08-08 08:27 AM EDT

Neighborhood & Commute
Source: Walkscore
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